5023 W Leona Street, TAMPA, FL

$5,500,000

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5

Beds

6

Baths

6,996

Square feet

0.19

Acres

About 5023 W Leona Street

The last off-water residence available in Madsen Isles, an exclusive eight-home South Tampa enclave with brick-paver streets, underground utilities and a quiet cul-de-sac setting. Developed by Modesta Homes and just completed, this coastal modern residence offers nearly 7,000 square feet of elevated living, open-water views from a private rooftop terrace, a four-stop elevator and an extraordinary eight-car garage. The scale is immediately apparent, with a dramatic 24-foot great room and foyer, 10-foot impact sliding glass doors and wide-plank brushed white oak flooring. A soaring tiled fireplace wall with a 360-degree floating fireplace creates a striking architectural focal point, while Level 5 drywall, 8-foot solid-core doors and custom lighting reflect the quality of finish throughout. The kitchen is distinctly custom, featuring built-to-order Luxor European frameless cabinetry that combines high-gloss finishes and natural walnut, dual islands wrapped in book-matched quartz waterfalls and a complete Sub-Zero and Wolf appliance package. A walnut butler's pantry extends the kitchen and provides additional space for entertaining. Designed for both large-scale entertaining and everyday living, the home includes a three-row theater with a 120-inch 4K screen, a temperature-controlled wine room, a bar and lounge, a private office, and a second-floor loft. The main living spaces open to a covered terrace with an outdoor kitchen overlooking the pool, sun decks, floating spa and fireplace. Above, the private rooftop terrace captures open-water views and creates another exceptional outdoor living space. The approximately 650-square-foot primary suite features a private balcony, nearly 400 square feet of separate closets and a spa-inspired bath with a 71-inch vessel soaking tub and dual rainfall showers. Four additional bedrooms complete the five-bedroom, five-and-one-half-bath layout. Equally considered behind the walls, the home was constructed for Florida living with masonry block on pilings, 8-inch core-filled walls, impact-rated windows and doors, spray-foam insulation and a TPO roof. A certified FEMA elevation certificate places the living floor and A/C equipment at 17.6 feet NAVD, an extra 6.6 feet above base flood elevation. Four-zone HVAC, 350-amp electrical service, tankless recirculating hot water and pre-wired security complete the systems. A rare combination of architectural scale, custom construction and resort-style living within one of South Tampa's most intimate new enclaves. Builder and manufacturer warranties transfer to the buyer at closing.

Open House

Sun, Oct 4th, 2026 @ 11am - 1pm

Features of 5023 W Leona Street

MLS® # TB8554417
Price $5,500,000
Bedrooms 5
Bathrooms 6.00
Full Baths 5
Half Baths 1
Square Footage 6,996
Acres 0.19
Year Built 2025
Type Residential
Sub-Type Single Family Residence
Style Contemporary
Status Active

Community Information

Address 5023 W Leona Street
Area Tampa / Palma Ceia
Subdivision MADSEN ISLES
City TAMPA
County Hillsborough
State FL
Zip Code 33629-7622

Amenities

Parking Driveway, Garage Door Opener, Ground Level, Off Street, On Street, Under Building
# of Garages 8
View Water
Is Waterfront No
Has Pool Yes

Interior

Interior Features Built-in Features, Ceiling Fan(s), Coffered Ceiling(s), Eating Space In Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
Appliances Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
Heating Central, Heat Pump, Zoned
Cooling Central Air, Zoned
Fireplace Yes
Fireplaces Living Room
# of Stories 4

Exterior

Exterior Features Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard, Sliding Doors
Lot Description FloodZone, City Lot, Landscaped, Level, Street Dead-End
Roof Shingle
Foundation Slab

School Information

Elementary Dale Mabry Elementary-HB
Middle Coleman-HB
High Plant-HB

Additional Information

Date Listed October 2nd, 2026
Days on Market 1
Zoning RS-75
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSMITH & ASSOCIATES REAL ESTATE

Listing Map

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