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367 MADEIRA CIRCLE

Townhouse For Sale
$799,000

BTC: 12.43096072

ETH: 419.94281630

41 days
3 bds
3 ba
1,585 sqft

Overview

Welcome to waterfront living in the highly sought-after Palms of Tierra community! This beautifully updated 3-bedroom, 3-bathroom end-unit townhome offers the perfect blend of comfort, coastal charm, and boating convenience. Included with the property is a deeded 50-foot boat slip with a 13,000-pound lift, making it easy to enjoy the Gulf waters. Positioned along a protected canal with scenic water views, the home features waterfront balconies that create the perfect setting for morning coffee, evening cocktails, or simply enjoying the Florida lifestyle. Inside, warm 3/4 oak-wood flooring, vaulted ceilings, and abundant natural light create a welcoming and spacious atmosphere throughout. The living area includes a wood-burning fireplace, which opens to a waterfront balcony, while the kitchen features custom Hickory Solid Wood cabinetry, premium quartz countertops, stainless steel appliances, generous counter space, and ample storage. The third-floor owner's suite offers a peaceful retreat with vaulted ceilings, dual closets, a private balcony overlooking the water, and a beautiful walk-in shower with whole-slab Italian marble. Additional bedrooms provide comfortable accommodations for family and guests, and three skylights bring natural light into the upper level. The 2-car tandem garage provides space for vehicle storage and other equipment. Updates include a Tempstar HVAC system installed in 2021, hurricane windows, a central vacuum system, and a water softener system. Residents enjoy access to a community pool, clubhouse, tennis courts, and beautifully maintained grounds, with water, cable, and internet included for added convenience. Whether you're seeking a primary residence, seasonal getaway, or waterfront retreat, this exceptional townhome offers an opportunity to enjoy the best of coastal Florida living.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener / Ground Level / Off Street / Tandem
Year Built:
1998
Lot:
0.02 Acres
Heating:
Central / Electric
Price/sqft:
$504
Cooling:
Central Air
HOA:
$657

Valuation

Our model vs. what's actually selling nearby.
Estimate
$552,500
$374K – $767K
Confidence Low
List vs. estimate
$246K above estimate
List $799,000 · +44.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$504
+60.8% vs. city median $313
Based on
56 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,847
2025
HOA
$657/mo
Cable TV, Community Pool, Insurance
View
Water
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    • Water Softener

    Other interior features

    • Ceiling Fan(s)

    • Central Vacuum

    • Open Floorplan

    • Skylight(s)

    • Solid Surface Counters

    • Thermostat

    • Vaulted Ceiling(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Driveway

    • Garage Door Opener

    • Ground Level

    • Off Street

    • Tandem

    Property

    • Levels: Three Or More

    • Exterior Features: Balcony / Sliding Doors

    Lot

    • Lot: 0.02 Acres

    Other Property Information

    • Parcel Number: 203216659050010190

    • Zoning: RM-15

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Townhouse

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA: $657

    • HOA Frequency: Monthly

    • Annual tax amount: $6,847

  • Source details

    • MLS ID: TB8521570

    Other facts

    • Construction Materials: Block / Stucco / Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Living Room / Wood Burning

    • Laundry Features: Inside

    • Patio And Porch Features: Covered

    • Direction Faces: West

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1585

    • Water Source: Public

    • Subdivision Name: PALMS OF TIERRA

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DESTINATION FLORIDA RENTALS & REAL ESTATE