For sale Townhouse

Listed Jun 20, 2026

$799,000 Est. $5,285/mo

367 Madeira Circle

  • 3

    Beds

  • 3

    Baths

  • 1,585

    Sq ft

The story

Welcome to waterfront living in the highly sought-after Palms of Tierra community! This beautifully updated 3-bedroom, 3-bathroom end-unit townhome offers the perfect blend of comfort, coastal charm, and boating convenience. Included with the property is a deeded 50-foot boat slip with a 13,000-pound lift, making it easy to enjoy the Gulf waters. Positioned along a protected canal with scenic water views, the home features waterfront balconies that create the perfect setting for morning coffee, evening cocktails, or simply enjoying the Florida lifestyle. Inside, warm 3/4 oak-wood flooring, vaulted ceilings, and abundant natural light create a welcoming and spacious atmosphere throughout. The living area includes a wood-burning fireplace, which opens to a waterfront balcony, while the kitchen features custom Hickory Solid Wood cabinetry, premium quartz countertops, stainless steel appliances, generous counter space, and ample storage. The third-floor owner's suite offers a peaceful retreat with vaulted ceilings, dual closets, a private balcony overlooking the water, and a beautiful walk-in shower with whole-slab Italian marble. Additional bedrooms provide comfortable accommodations for family and guests, and three skylights bring natural light into the upper level. The 2-car tandem garage provides space for vehicle storage and other equipment. Updates include a Tempstar HVAC system installed in 2021, hurricane windows, a central vacuum system, and a water softener system. Residents enjoy access to a community pool, clubhouse, tennis courts, and beautifully maintained grounds, with water, cable, and internet included for added convenience. Whether you're seeking a primary residence, seasonal getaway, or waterfront retreat, this exceptional townhome offers an opportunity to enjoy the best of coastal Florida living.

Facts & features

Home type

Townhouse

Year built

1998

Floors

3

Price per sq ft

$504

HOA

$657 / monthly

Parking

2-car garage

Included features

  • Fireplace

    Yes

  • Cooling

    Central Air

  • Heating

    Central, Electric

  • Appliances

    Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener

  • Flooring

    Ceramic Tile, Wood

  • Roof

    Shingle

  • Exterior

    Balcony

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Water

Mortgage calculator

Estimated monthly payment

$5,285 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $4,253
  • Property tax $799
  • Insurance $233

Includes principal, interest, taxes & insurance.

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Listing Broker

DESTINATION FLORIDA RENTALS & REAL ESTATE

Broker Name

DESTINATION FLORIDA RENTALS & REAL ESTATE

Agent

Christopher Smith