Madeira Bay Resort I Condo
Homes for Sale in Madeira Beach, FL

Community in Madeira Beach · Pinellas County
Median sale $588K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data5 years of closingsUpdated twice daily
Live · Madeira Bay Resort I Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$588K
Median sold · 12 mo
$764/sf
Sold $/sqft · 12 mo
peak $808 in 2024
97.2%
Sale vs ask
Pinellas median: 93.3%
Tempo
29days
Median DOM · closed
1 days at the 2023 low
4
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
25%
Cash buyers · Madeira Bay Resort I Condo
1 of 4 sales, 12 mo ending June 2026
Track record · 5 years of records
1
Failed listings · 2026
peaked at 1 in 2026
762sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by the resort-condo product itself: the per-square-foot figure sits at $764, which tells you buyers are paying for location and the condo package rather than raw square footage. The median price of $587,500 reflects that dynamic more than it reflects unit size, so condition, floor, view, and rental posture will move any individual sale well off that midpoint.

The market posture is brisk without being frantic. A median of 29 days on market means well-presented units are transacting inside a month, but the closings window is thin, so a single sale swings the averages. Sellers should price to the current condition-driven reality and not assume the median applies to their exact unit; buyers should move deliberately but expect competition on the cleanest listings.

The 60-Second Overview

Madeira Bay Resort I Condo market snapshot (as of July 15, 2026): the median sale price is about $588K ($764 per sq ft over the trailing 12 months of closed sales), and a median 29 days on market for closed sales.

Madeira Bay Resort I is a resort-style condo community in Madeira Beach, Pinellas County, where pricing tracks the beach-adjacent, rental-capable product more than interior footage. The single most useful number is the per-square-foot figure, which is high by regional standards and signals a location premium.

Best for

  • Buyers targeting a beach-location resort condo and comfortable with a median around $587,500
  • Owners wanting a lock-and-leave coastal property with an active rental option
  • Buyers who can act decisively when a well-presented unit hits the market

Probably not for

  • Buyers prioritizing maximum interior square footage per dollar
  • Anyone needing a deep pool of recent sales before making an offer
  • Buyers seeking a low per-square-foot entry point away from the beach

Windows contain 0 to 6 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0246202220242026
0 to 6 a year; 4 in the current window.

If we were buying in Madeira Bay Resort I Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Madeira Bay Resort I Condo.

Best Buy
Buyers who want a beach-adjacent resort condo and understand they are paying for location, not square footage.
Biggest Risk
The closings pool is thin, so community averages can mislead on any single unit.
Sweet Spot
A move-ready unit with a strong floor and view, priced to the condition-driven reality rather than the raw median.
Avoid If
You are chasing square footage per dollar or need a large data set before committing.

A resort-condo market, priced by location

The tell in this community is the gap between price and per-square-foot. At roughly $764 per foot against a median of $587,500, you are looking at compact, amenity-and-location-driven units where the address does much of the pricing work. That is typical of a beach resort condo: buyers are underwriting the setting and the building's package, not counting bedrooms.

The data pool is small — only four closings in the current window — so treat every figure as directional rather than precise. A short median days-on-market of 29 suggests demand is present, but with this few sales, one outlier can distort the picture. Anyone buying or selling here should look past the community averages and work from comparable units in similar condition and position within the building.

The location and the amenities are priced into every listing in Madeira Bay Resort I Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a thin-data resort-condo market, the community median is a starting point, not an answer. We price and negotiate off the specific unit — floor, view, condition, and rental posture — and we read the small closings pool for what it actually says rather than treating four sales as a firm trend. That discipline protects sellers from mispricing and buyers from overpaying on the cleanest listings.

Madeira Bay Resort I Condo in 15 seconds.

Best forBuyers who want a beach-adjacent resort condo and understand they are paying for location, not square footage.
Biggest advantageWell-presented units move quickly, with a median around 29 days on market.
Biggest riskThe closings pool is thin, so community averages can mislead on any single unit.
Sweet spotA move-ready unit with a strong floor and view, priced to the condition-driven reality rather than the raw median.
Avoid ifYou are chasing square footage per dollar or need a large data set before committing.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Madeira Bay Resort I Condo sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Madeira Bay Resort I Condo?
The median sale price in Madeira Bay Resort I Condo was $588K over the 12 months ending July 15, 2026 (4 closed sales, Stellar MLS).
How long do homes in Madeira Bay Resort I Condo take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 29 days on market (4 sales, Stellar MLS).
Do cash buyers compete in Madeira Bay Resort I Condo?
Cash buyers took 25% of Madeira Bay Resort I Condo sales in the 12 months ending June 2026 (1 of 4 closings, Stellar MLS).
Who is the best real estate agent for Madeira Bay Resort I Condo?
The best agent for Madeira Bay Resort I Condo is one who actively works Madeira Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Madeira Bay Resort I Condo.
How do I find a top Madeira Beach real estate agent who knows Madeira Bay Resort I Condo?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Madeira Bay Resort I Condo and the wider Madeira Beach area.
Can Momentum Realty connect me with an agent for Madeira Bay Resort I Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Madeira Bay Resort I Condo purchase or sale - no call center and no pressure.
Buyers targeting a beach-location resort condo and comfortable with a median around $587,500Excellent fit
Owners wanting a lock-and-leave coastal property with an active rental optionExcellent fit
Buyers who can act decisively when a well-presented unit hits the marketExcellent fit
Buyers prioritizing maximum interior square footage per dollarProbably not
Anyone needing a deep pool of recent sales before making an offerProbably not
Buyers seeking a low per-square-foot entry point away from the beachProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (18 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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