Madrid Rev
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
453 homesBuilt 1912–2024
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Madrid Rev Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
76%
Owner-occupied · Madrid Rev
351 of 460 parcels homesteaded (FL DOR 2025)
24%
Non-owner-occupied · Madrid Rev
incl. 5% trust or LLC-held · 3% out-of-state
83%
Cash buyers · Madrid Rev
5 of 6 sales, 12 mo ending June 2025
453
Homes in the community
plus 7 vacant residential lots · 460 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1912
Community established
homes built 1912-2024, median 1979 (FL DOR 2025)
1
Failed listings · 2026
peaked at 11 in 2020
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Madrid Rev is driven by condition and vintage far more than by any single number. With a build range spanning 1912 to 2024 and a median build year of 1979, you are looking at a genuinely mixed housing stock — early-century homes, mid-century construction, and recent infill all trading in the same market. The median closed price sits in the range you would expect for that spread, but the figure alone tells you little; two homes at similar size can price very differently depending on whether they have been renovated or left original.

For buyers, that means underwriting each property on its own merits — systems, updates, and lot matter more than any neighborhood average. For sellers, the wide spread cuts both ways: a well-updated home stands out, while original-condition inventory competes on price. The high homestead share, at roughly 76%, points to a stock held mostly by owner-occupants rather than churned by investors, which tends to keep turnover measured.

Best for

  • Buyers wanting a larger, established home with more than 2,400 square feet and room to add value through updates
  • Renovation-minded buyers comfortable underwriting older systems and vintage construction
  • Long-hold buyers who value an owner-occupied area over high-turnover investor stock

Probably not for

  • Buyers set on new construction or a uniform, single-era subdivision
  • Turnkey shoppers unwilling to inspect and price around older-home condition
  • Buyers needing a deep, fast-moving inventory of listings to choose from

The market around Madrid Rev

Madrid Rev is a small community — 23 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

The housing mix here is 74% townhouse, 22% condominium, 4% single family residence.

ZIP and county figures describe the wider market, not Madrid Rev specifically. Momentum Research analysis of MLS records.

If we were buying in Madrid Rev 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 Madrid Rev.

Best Buy
Buyers who want established Tampa housing with real square footage and are willing to vet condition.
Biggest Risk
The wide spread between updated and original homes means the median price tells you little about any specific listing.
Sweet Spot
A well-updated home at or near the median size that has been maintained by a long-term owner.
Avoid If
You need new construction or a turnkey home with no appetite for older-home diligence.

A mixed-vintage stock, held long

With 453 homes and a median build year of 1979, this is a fully built-out area rather than a new-construction play. The 1912-to-2024 range is the story: you will find early-century houses next to postwar builds and the occasional new home on a redeveloped lot. Median living area runs just over 2,400 square feet, so these are not starter footprints — expect real space, but expect to read each floor plan and each renovation history carefully.

The homestead share of about 76% signals a market of long-term owners, which usually means fewer listings hitting the market at once and homes that have been lived in and maintained rather than flipped. That can make timing and inventory patience part of the buying strategy here.

The location and the amenities are priced into every listing in Madrid Rev. 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 community where a single median number hides a wide condition-and-vintage spread, our value is in pricing each home against its true comparables rather than the area average. We help buyers underwrite older systems and renovation quality, and we position sellers so an updated home is not lumped in with original-condition inventory.

Madrid Rev in 15 seconds.

Best forBuyers who want established Tampa housing with real square footage and are willing to vet condition.
Biggest advantageA mixed-vintage stock held largely by owner-occupants, so homes tend to be maintained rather than churned.
Biggest riskThe wide spread between updated and original homes means the median price tells you little about any specific listing.
Sweet spotA well-updated home at or near the median size that has been maintained by a long-term owner.
Avoid ifYou need new construction or a turnkey home with no appetite for older-home diligence.

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 Madrid Rev sales matched to your home.

What is your Madrid Rev home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Madrid Rev?
The Florida DOR 2025 assessment roll shows 453 homes plus 7 vacant residential lots in Madrid Rev (public records).
What share of Madrid Rev is owner-occupied?
76% of Madrid Rev parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Madrid Rev built?
Homes in Madrid Rev were built between 1912 and 2024, with a median year built of 1979.0 (FL DOR 2025 roll).
Do cash buyers compete in Madrid Rev?
Cash buyers took 83% of Madrid Rev sales in the 12 months ending June 2025 (5 of 6 closings, Stellar MLS).
Who is the best real estate agent for Madrid Rev?
The best agent for Madrid Rev is one who actively works Tampa 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 Madrid Rev.
How do I find a top Tampa real estate agent who knows Madrid Rev?
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 Madrid Rev and the wider Tampa area.
Can Momentum Realty connect me with an agent for Madrid Rev?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Madrid Rev purchase or sale - no call center and no pressure.
Buyers wanting a larger, established home with more than 2,400 square feet and room to add value through updatesExcellent fit
Renovation-minded buyers comfortable underwriting older systems and vintage constructionExcellent fit
Long-hold buyers who value an owner-occupied area over high-turnover investor stockExcellent fit
Buyers set on new construction or a uniform, single-era subdivisionProbably not
Turnkey shoppers unwilling to inspect and price around older-home conditionProbably not
Buyers needing a deep, fast-moving inventory of listings to choose fromProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33629))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (16 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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