5023 W Leona St
What stands out about this home
About this property
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.
Property details
All features →
- Balcony
- Lighting
- Outdoor grill
- Outdoor kitchen
- Private yard
- Built-in features
- Ceiling fans
- Coffered ceilings
- Eat-in kitchen
- Elevator
- High ceilings
- Open floorplan
- Primary bedroom upstairs
- Solid surface counters
- Solid wood cabinets
- Tray ceilings
- Walk-in closets
- Wet bar
- Built-in oven
- Convection oven
- Cooktop
- Dishwasher
- Disposal
- Gas water heater
- Microwave
- Range hood
- Refrigerator
- Tankless water heater
- Wine refrigerator
- Carpet flooring
- Tile flooring
- Wood flooring
- Water view
- Central air conditioning
- Zoned cooling
- Central heating
- Heat pump heating
- Zoned heating
- Shingle roof
- Slab foundation
- Block construction
- Stucco construction
- Three-or-more stories
- Inside laundry
- Laundry room
- Upstairs laundry
- Broadband internet available
- Electricity connected
- Natural gas connected
- Sewer connected
- Water connected
- Private pool
- Garage
- Fireplace
- New construction
- Quartz countertops
The market for homes like this
Single-family homes with 5 or more bedrooms in South TampaSouth Tampa, as its listings describe it
Price and time on market
Cost of ownership
Living in South Tampa
South Tampa homes sold for a median of $690,000 in the 12 months to Oct. 11, 2026.
1,627 salesThat's 7.8% above the median for the 12 months before, $640,000.
1,627 sales this year · 1,423 sales the prior yearSingle-family detached homes made up 1,052 of the 1,627 sales in the same 12 months, at a median of $800,000.
1,052 of 1,627 salesLocation
5023 W LEONA ST, TAMPA, FL 33629
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Based on information from Stellar MLS® for the period July 25, 2005 through October 11, 2026.
Listings courtesy of Stellar MLS as distributed by MLS GRID
HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.