CENTURY 21 Edge
$3,395,0005 bd4.5 ba4,118 sqft$824 /sqft≈$20,480 /mo all-in ↓

506 CRYSTAL DRIVE, MADEIRA BEACH, FL, 33708

Active21 days on marketListed Sep 22, 2026MLS #TB8550587

✦ New constructionWaterfrontPrivate poolSingle Family ResidenceCRYSTAL ISLAND

About this home

506 CRYSTAL DRIVE

Under Construction. NEW CONSTRUCTION WATERFRONT ESTATE | 5BR | 4.5BA | 4,118 SF | 4-CAR GARAGE | ELEVATOR | POOL | DOCK | 12' DEEP WATER | INTRACOASTAL & GULF ACCESS Rare new-construction waterfront estate in Madeira Beach with 12' deep canal, direct Intracoastal & Gulf access, private dock, pool, elevator, 4-car garage, 10' ceilings and approximately 4,118 SF of sophisticated contemporary living. For the boating enthusiast, the waterfront setting is exceptional. The property sits on a 12-foot-deep canal with direct access to the Intracoastal Waterway and Gulf of Mexico, providing the kind of deep-water connectivity that makes this residence more than simply a waterfront home—it is a true coastal lifestyle property. Launch your boat from your private dock and head directly to the Intracoastal Gulf, beaches, restaurants and world-class fishing waters. Inside, contemporary architecture and refined finishes create an impressive sense of scale and sophistication. Ten-foot ceilings enhance the open living spaces, while expansive windows bring natural light and the waterfront environment into the home. The designer kitchen is equipped with a premium Thermador appliance package, creating a statement space for both everyday living and entertaining. The home's five-bedroom configuration provides exceptional flexibility for a primary residence, luxury second home or private coastal retreat. A private elevator adds convenience throughout the residence, while the 4-car garage provides an unusually generous level of secure parking and storage for a luxury waterfront property. Outside, the private pool and dock transform the property into an entertainer's waterfront paradise. Enjoy morning coffee overlooking the canal, spend the afternoon on the water, and return home to a private pool and sophisticated outdoor setting. The combination is difficult to replicate: new construction, contemporary architecture, 4,118 square feet, five bedrooms, elevator, Thermador kitchen, 4-car garage, private pool, private dock and 12-foot-deep water with direct Intracoastal and Gulf access. Located in Madeira Beach, this residence places you within easy reach of the area's renowned beaches, boating, restaurants and waterfront lifestyle while offering the privacy and scale of a true luxury estate. 506 Crystal Dr is not simply a waterfront home—it is a sophisticated new-construction boating estate designed for buyers who expect exceptional space, design, access and lifestyle.

Facts & features

The home at a glance

5

Bedrooms

4.5

Bathrooms

4,118

Sqft

0.17 ac

Lot size

4

Garage

2026

Year built

Three Or More

Levels

$824

Per sqft

Private poolWaterfrontWater view

Inside

FlooringPorcelain Tile · Vinyl
AppliancesBuilt-In Oven · Convection Oven · Cooktop · Dishwasher · Disposal · Electric Water Heater · Freezer · Ice Maker · Microwave · Range Hood · Refrigerator
InteriorElevator
LaundryLaundry Room
CoolingCentral Air
HeatingElectric

Outside & construction

RoofMetal
ConstructionBlock · Concrete
FoundationPillar/Post/Pier · Slab
ViewWater
FacesSoutheast
ParkingDriveway · Garage Door Opener · Split Garage · Under Building
ExteriorBalcony · Irrigation System · Lighting · Private Yard · Rain Gutters · Sliding Doors

Community & fees

Taxes (2025)$8,726/yr

Utilities & systems

UtilitiesCable Available · Electricity Connected · Propane · Sewer Connected · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$20,480 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$18,319
PMI (est., until 20% equity)$1,273
Property tax — 2025 actual bill$727
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $339,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $339,500
Interest rate6.00%
Loan term

Estimated payment

$20,480/mo

Principal & interest$18,319
PMI (est., until 20% equity)$1,273
Property taxes (actual bill)$727
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $3.4M
$2.2MedgeAI estimate $2,600,316 · range $2.3M–$2.9M$3.5M

vs edgeAI estimate

+30.6%

$/sqft vs Madeira Beach actives

$824 vs $624

Days on market

21 vs 85 typical

Where $824/sqft sits among the 118 Madeira Beach actives

65
34 · this home
7
4
1
7
$300–647$647–994$994–1341$1341–1688$1688–2035$2035+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Crystal Island

Drive times from this address

Downtown Tampa≈ 41 min
Tampa Int’l Airport (TPA)≈ 42 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Madeira Beach. See the full Madeira Beach guide →

Crystal Island — neighborhood snapshot

Population

1,274

Median age

58

Median income

$82,917

Median home value

$685,300

Avg household

2

Households w/ children

59%

For the school run

Pinellas County School District

ElementaryOrange Grove Elementary School★★★★★
HighRichard O Jacobson Technical High School At Seminole★★★★★
MiddleSeminole Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Madeira Beach market

Seller’s marketLeans buyer — 7.1 months of inventoryBuyer’s market

$573K → $583K

Madeira Beach median sold, yr/yr

94.2%

Sale-to-list ratio (12 mo)

46 of 118

Madeira Beach actives have cut their price

Median sold price, Madeira Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 553% above the MADEIRA BEACH 33708 median. See the full Madeira Beach market guide →

Paper trail

This home's history

Sep 22, 2026Listed at $3,395,000 · 21 days on market since
2026Built · CRYSTAL ISLAND

Reality check

What actually sold near 506 CRYSTAL DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

534 CRYSTAL DRIVESold · Aug ’26

$3,287,500

534 CRYSTAL DRIVE · same community

6 bd · 5.5 ba · 4,848 sqft · $678/sqft · 55 DOM

565 CRYSTAL DRIVESold · Jun ’26

$1,100,000

565 CRYSTAL DRIVE · same community

3 bd · 2.5 ba · 2,253 sqft · $488/sqft · 101 DOM

565 CRYSTAL DRIVESold · Dec ’25

$1,200,000

565 CRYSTAL DRIVE · same community

3 bd · 3 ba · 2,253 sqft · $533/sqft · 110 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Frederick Paige

Your agent

Frederick Paige

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 506 CRYSTAL DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 506 CRYSTAL DRIVE — before you fall in love.

See it in person

Schedule a tour

Live availability from Frederick's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

506 CRYSTAL DRIVE FAQs

What would the monthly payment be for 506 CRYSTAL DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $20,480/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 506 CRYSTAL DRIVE?+

The most recent tax bill on record (2025) was $8,726. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Madeira Beach?+

At $3,395,000, this home is listed about 328% above the Madeira Beach median of $793,900. The market section on this page shows how the area is trending.

Which schools are assigned to 506 CRYSTAL DRIVE?+

Orange Grove Elementary School (elementary), Richard O Jacobson Technical High School At Seminole (high), Seminole Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Positioned at the premium end

$3,395,000 runs 553% above the MADEIRA BEACH 33708 median — but at 4,118 sqft it's also nearly 3 times the size of the typical Madeira Beach listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Strong assigned schools

Orange Grove Elementary School, Richard O Jacobson Technical High School At Seminole, Seminole Middle School — Orange Grove Elementary School rates 5 of 5. Always verify assignments with the district.

Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL · Paul Simon. MLS #TB8550587.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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