tomo logo

$770,000

Beds
4
Baths
3.0
sq ft
3,174

5516 Madrigal Way, Apollo Beach, FL 33572

5516 Madrigal Way

APOLLO BEACH, FL 33572

  • 25 days on market
    • Price drop $10,000↓
WELCOME TO YOUR DREAM HOME at 5516 Madrigal Way in highly desired Waterset Resort-Style Community – a stunning, nearly new single-story home built in 2021 offering 4 bedrooms, 3 bathrooms, TWO FLEX SPACES, and a 3-car garage with solar panels for energy efficiency. MODERN OPEN CONCEPT LIVING – Step inside to high ceilings and elegant tile floors, enhancing the spacious and seamless design. The gourmet kitchen is a chef’s dream, featuring premium stainless steel appliances, quartz countertops, a large center island, custom cabinetry, and a walk-in pantry, making it perfect for entertaining. A LUXURIOUS PRIMARY SUITE awaits with a spa-like ensuite, boasting dual vanities, a large walk-in shower and tub, and a spacious walk-in closet. The split floor plan ensures privacy, with four bedrooms and three full bathrooms thoughtfully placed throughout the home, in addition to that there are two enclosed flex rooms/offices. SMART HOME UPGRADES – This home is equipped with electrical blinds, a DoorBird smart video doorbell, a Rain Bird smart irrigation system, and energy-saving solar panels, offering convenience and efficiency. The 3-car garage features additional overhead storage for EXPANDED STORAGE & FUNCTIONALITY, while the home includes installed gutters and hurricane shutters for added exterior protection. Enjoy serene water views from your private OUTDOOR OASIS backyard, offering the perfect setting for relaxation or entertaining. With no rear neighbors, you’ll love the peace and privacy of this prime location. Located in the sought-after Waterset community, residents enjoy an array of exclusive amenities, including FOUR resort-style pools, TWO fitness centers, basketball and tennis courts, a sand volleyball court, multiple clubhouses, parks, trails, playgrounds, dog parks, and waterfront activities. Amazing Top Rated Schools: Waterset Charter School, Dorothy C. York Innovation Academy, and the Learning Academy offering infant through Pre-K Montessori education right within the community. This move-in-ready, upgraded home is waiting for you! Don’t miss your chance—schedule a private tour today! <iframe width='853' height='480' src='https://www.zillow.com/view-imx/1e2e001f-b9c5-49a0-ab31-07b96e320b03?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard' frameborder='0' allowfullscreen allow='xr-spatial-tracking'></iframe>

Details

Property type

Single Family Residence

Est. home value

$691,489

Lot size

8,797 sq ft

Price per sq ft

$243

Year built

2021

Annual property taxes

$4,786.83

Monthly HOA fee

$11.33

Price History

03/24/2025
StellarMLS

StellarMLS #O6287485

Price change
$770,000
-1.28%
03/06/2025
StellarMLS

StellarMLS #O6287485

Listed
$780,000
+45.43%
09/30/2021
StellarMLS

StellarMLS #T3321227

Sold
$536,357

Schools & Community

Elementary school: 

Doby Elementary-HB

Middle school: 

Eisenhower-HB

High school: 

East Bay-HB

Community features: 

Gated, Clubhouse, Fitness Center, Playground, Pool, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$213,571
Asking price
$770,000
Closing costs (~8% of asking)
-$61,600
Est. remaining loan balance
-$494,829
Cash to seller
$213,571

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2021

Original loan amount

$536,356

Est. remaining balance

$494,829

Interest rate

2.87%

Loan type

VA, 30 year

Seller

David Ortega Santiago and Samalice Ortega Afanador

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 5:05 PM

Listing updated: 03/29/2025 at 3:11 PM

Listed by: Jorge Torres Romero, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #O6287485

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