Shores Of Madeira Condo
Homes for Sale in Madeira Beach, FL

Community in Madeira Beach · Pinellas County
276 homesBuilt 1958–2015Median sale $790K
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Shores Of Madeira Condo Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$790K
Median sold · 12 mo
$664/sf
Sold $/sqft · 12 mo
peak $664 in 2026
94.8%
Sale vs ask
Pinellas median: 93.3%
Tempo
70days
Median DOM · closed
4 days at the 2021 low
5
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
16%
Owner-occupied · Shores Of Madeira Condo
43 of 276 parcels homesteaded (FL DOR 2025)
84%
Non-owner-occupied · Shores Of Madeira Condo
incl. 26% trust or LLC-held · 48% out-of-state
60%
Cash buyers · Shores Of Madeira Condo
3 of 5 sales, 12 mo ending June 2026
276
Homes in the community
276 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1958
Community established
homes built 1958-2015, median 1980 (FL DOR 2025)
3
Failed listings · 2026
peaked at 3 in 2025
1,190sqft
Median sold home size
12-mo windows, closed sales
1.8%/yr
Turnover rate
about 5 of 276 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by the water, not the age of the buildings. This is a beach condo community in Madeira Beach where the median sits at $790,000 and the median price per square foot is a stiff $663.87 — that number tells you you're paying for location and proximity to the Gulf far more than for square footage. The median unit is about 1,215 living square feet, so buyers should expect condensed floor plans and let condition, floor, and view do most of the talking on price.

The market posture is patient, not frantic. Median days on market runs about 70, which is a slower cadence than inland Pinellas product, and the closings window here is thin — only 5 recent closings — so each new comp carries weight. Sellers should price to the water view and the specific unit rather than to a headline number, and buyers have room to negotiate on units that have sat. The low homestead share, around 16%, signals this is a market shaped heavily by second-home and seasonal ownership rather than year-round occupancy.

The 60-Second Overview

Shores Of Madeira Condo market snapshot (as of July 15, 2026): the median sale price is about $790K ($664 per sq ft over the trailing 12 months of closed sales), and a median 70 days on market for closed sales.

Shores Of Madeira Condo is a community of 276 homes in Madeira Beach, Pinellas County, built between 1958 and 2015 (median 1980.0), with a median living area of about 1,215 square feet. 16% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Shores Of Madeira Condo is a Gulf-adjacent condo community in Madeira Beach spanning buildings constructed between 1958 and 2015, so unit vintage and renovation status vary widely across its 276 homes.

Best for

  • Second-home buyers with a mid-to-high-$700s budget wanting a beach-close condo they use seasonally
  • Buyers prioritizing location and low exterior maintenance over interior scale
  • Investors comfortable with association rental rules who want Gulf-adjacent product

Probably not for

  • Buyers who need large floor plans well beyond the ~1,215-square-foot median
  • Anyone seeking an inland, primary-residence community with heavy owner-occupancy
  • Value hunters unwilling to scrutinize building age, reserves, and rental restrictions before offering

Windows contain 0 to 6 sales each (5 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
0246201620182020202220242026
0 to 6 a year; 5 in the current window.
Sellers who gave up · failed listings per year
012320122016201820242026
Canceled, expired, or withdrawn. 3 quit in 2025; 3 so far in 2026. The clearest stress gauge a community has.

If we were buying in Shores Of Madeira 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 Shores Of Madeira Condo.

Best Buy
Buyers who want a Gulf-adjacent Madeira Beach condo and are buying for location, not square footage.
Biggest Risk
A thin comp set and a wide age range make each unit's true value hard to read.
Sweet Spot
An updated unit with a strong exposure that has been priced to the specific asset, not the average.
Avoid If
You need generous square footage or a strictly year-round, primary-residence setting.

What the per-foot number is really telling you

With a median price per square foot near $663.87 against a median unit around 1,215 square feet, this is location-priced real estate. The spread from a 1958 building to a 2015 building is more than half a century, which means two units at similar asking prices can be worlds apart on systems, layout, and finishes. Read each listing on its own merits — age, floor, exposure, and how recently it was updated will move value more than the community average does.

The homestead share of roughly 16% is the other tell. A community weighted toward non-primary ownership tends to trade on lifestyle and rental flexibility, so verify association rules, rental minimums, and reserve health before you fall for a view. On a 70-day median, well-presented and correctly priced units still move; overpriced or dated ones linger and eventually invite a discount.

The location and the amenities are priced into every listing in Shores Of Madeira 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

A thin closings window means comps are scarce and easy to misread, so pricing a unit here takes judgment, not a formula. We read the association documents, the reserves, and the rental rules alongside the sale data, and we tell you plainly when a unit's asking price is leaning on a view that the numbers won't fully support.

Shores Of Madeira Condo in 15 seconds.

Best forBuyers who want a Gulf-adjacent Madeira Beach condo and are buying for location, not square footage.
Biggest advantageYou're paying for proximity to the water in a compact, low-maintenance building.
Biggest riskA thin comp set and a wide age range make each unit's true value hard to read.
Sweet spotAn updated unit with a strong exposure that has been priced to the specific asset, not the average.
Avoid ifYou need generous square footage or a strictly year-round, primary-residence setting.

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 Shores Of Madeira Condo sales matched to your home.

What is your Shores Of Madeira Condo home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Shores Of Madeira Condo?
The median sale price in Shores Of Madeira Condo was $790K over the 12 months ending July 15, 2026 (5 closed sales, Stellar MLS).
How long do homes in Shores Of Madeira Condo take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 70 days on market (5 sales, Stellar MLS).
How many homes are in Shores Of Madeira Condo?
The Florida DOR 2025 assessment roll shows 276 homes in Shores Of Madeira Condo (public records).
What share of Shores Of Madeira Condo is owner-occupied?
16% of Shores Of Madeira Condo parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Shores Of Madeira Condo built?
Homes in Shores Of Madeira Condo were built between 1958 and 2015, with a median year built of 1980.0 (FL DOR 2025 roll).
Do cash buyers compete in Shores Of Madeira Condo?
Cash buyers took 60% of Shores Of Madeira Condo sales in the 12 months ending June 2026 (3 of 5 closings, Stellar MLS).
Who is the best real estate agent for Shores Of Madeira Condo?
The best agent for Shores Of Madeira 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 Shores Of Madeira Condo.
How do I find a top Madeira Beach real estate agent who knows Shores Of Madeira 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 Shores Of Madeira Condo and the wider Madeira Beach area.
Can Momentum Realty connect me with an agent for Shores Of Madeira Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Shores Of Madeira Condo purchase or sale - no call center and no pressure.
Second-home buyers with a mid-to-high-$700s budget wanting a beach-close condo they use seasonallyExcellent fit
Buyers prioritizing location and low exterior maintenance over interior scaleExcellent fit
Investors comfortable with association rental rules who want Gulf-adjacent productExcellent fit
Buyers who need large floor plans well beyond the ~1,215-square-foot medianProbably not
Anyone seeking an inland, primary-residence community with heavy owner-occupancyProbably not
Value hunters unwilling to scrutinize building age, reserves, and rental restrictions before offeringProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (9 streets, ZIP 33708))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (25 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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