The Madison At Soho Ii Condo
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
This is a small condo community in Tampa's SoHo area, and with only 19 units and 9 closings in the trailing window, every sale swings the numbers. The median sits at $273,000 with a per-square-foot figure just above $341, which tells you condition and finish level are doing the heavy lifting here — these are compact units, around 789 square feet at the median, so the price is a function of the unit itself and the location, not size.
The market posture is soft and slow. A median of 99 days on market and a market heat score of 17 both point to buyers holding the leverage, and the year-over-year median is down 25.7%. Sellers should price to the current reality and expect to wait; buyers have room to negotiate and time to be selective. Do not read the price drop as a single trend line on a data set this thin — read it as a market that is not rewarding optimistic pricing.
The Madison At Soho Ii Condo right now
🔴 Off the recent peak. The trailing-12-month median ($273K) is down 25.7% from the prior 12 months ($368K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Low (9 and 4 sales in the two windows).
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Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
The Madison At Soho Ii Condo market snapshot (as of July 15, 2026): the median sale price is about $273K ($341 per sq ft over the trailing 12 months of closed sales), and a median 99 days on market for closed sales. The trailing-12-month median is down 26% from the prior 12 months, computed from record-level Stellar MLS closed sales (9 closings in the current window).
The Madison At Soho Ii Condo is a community of 19 homes in Tampa, Hillsborough County, built between 1969 and 2001 (median 2001), with a median living area of about 789 square feet. 21% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The Madison at SoHo II is a small-footprint condo community with a wide build range, from 1969 through 2001, meaning renovation level varies unit to unit and matters more than any headline number. With just over a fifth of units carrying a homestead exemption, this reads as a location where rentals and non-primary ownership are part of the mix.
Who The Madison At Soho Ii Condo is best for.
Best for
- Buyers prioritizing SoHo walkability over square footage
- Patient buyers who can act on the current soft-market leverage
- Long-hold owners comfortable with a compact, low-maintenance unit
Probably not for
- Buyers needing meaningful square footage or multiple bedrooms
- Anyone requiring a quick, liquid resale
- Buyers who want to skip a hard look at association reserves and assessments
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($273K) IS the median in the snapshot above, and the move from 2025 ($368K) IS the -25.7% one-year change.
Windows contain 4 to 18 sales each (9 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.
The The Madison At Soho Ii Condo buying strategy.
If we were buying in The Madison At Soho Ii Condo today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 The Madison At Soho Ii Condo.
A thin, condition-driven condo market
With 19 total units and a build range spanning 1969 to 2001, the spread in condition here is real. A renovated unit and an original one can sit far apart on price even at the same square footage, so the median of $273,000 is a starting point for conversation, not a rule. Verify what has actually been updated, and read the condo association's reserves and assessment history before anything else.
The SoHo location is the durable asset — walkable, central, and consistently in demand for smaller units. That said, a 99-day median and a low heat score mean you are buying into a patient market. If you need a quick resale, this is not the place to count on it right now; if you can hold, the location fundamentals are the reason to be here.
The location and the amenities are priced into every listing in The Madison At Soho Ii Condo. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in The Madison At Soho Ii Condo buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (1.7). Basis: Recent Direction -25.7% year-over-year; Owner Commitment 21% owner-occupied; Pricing Power 89.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
On a data set this small, averages mislead and one bad comp can distort a whole valuation. We work the actual unit-level details — condition, floor, association health, assessment exposure — and we price and negotiate against the slow-market reality rather than a hopeful number. That discipline is what protects both sides in a community where every listing moves the median.
The Madison At Soho Ii Condo in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a The Madison At Soho Ii Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed The Madison At Soho Ii Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Madison At Soho Ii Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Madison At Soho Ii Condo home worth?
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Frequently Asked Questions
What is the median home price in The Madison At Soho Ii Condo?
How long do homes in The Madison At Soho Ii Condo take to sell?
How many homes are in The Madison At Soho Ii Condo?
What share of The Madison At Soho Ii Condo is owner-occupied?
When were the homes in The Madison At Soho Ii Condo built?
Do cash buyers compete in The Madison At Soho Ii Condo?
Who is the best real estate agent for The Madison At Soho Ii Condo?
How do I find a top Tampa real estate agent who knows The Madison At Soho Ii Condo?
Can Momentum Realty connect me with an agent for The Madison At Soho Ii Condo?
Should you buy in The Madison At Soho Ii Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (17 streets, ZIP 33609)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2021 (51 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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