
978 MADRID DRIVE, PALM HARBOR, FL, 34684
Active2 days on marketListed Oct 10, 2026MLS #TB8556069
About this home
978 MADRID DRIVE
Meticulously maintained Mediterranean style 2 bedroom 2 bath villa with a tile roof, a one car garage, and located on the golf path and adjacent golf tee; a covered open 12 foot breezeway from the pedestrian garage door to front screened porch and into villa front door; extra patio/outside area in front of the garage off breezeway and a generous area in the rear of the villa to enlarge a more spacious patio area. This light, bright and open split bedroom floor plan features separate dining and living rooms, fully equipped updated kitchen with cream cabinets and matching flat surface stove/range, built-in microwave, top freezer and bottom refrigerator, dishwasher and disposal. Speckled cream, taupe and grey corian kitchen counter tops with integrated oversized double sinks. Small eat in kitchen area and small closet pantry. Kitchen has opening to living room and dining rooms on opposite ends of the kitchen. Extra bonus area at the end/rear of the living room that could be utilized as an office. Living room has dry bar with lower cabinet and mirrored shelving from the cabinet top to ceiling; small coat closet just off the living room in hallway. Built in storage cabinet behind pony wall at the far end kitchen/living room opening adjacent to laundry closet for extra storage; rear pedestrian door off bonus area to the backyard patio on the golf path and golf course. Primary bedroom is 14x12 with en-suite featuring double vanity and double sinks plus drawers together with tiled walk-in shower and large walk-in closet with shelving. Second bedroom off front hallway is 12x10 with large walk-in closet; adjacent bath with tiled taupe tub/shower combination and single vanity. Highland Lakes Master Association includes Highland Lakes Clubhouse, Arts and Crafts Annex Building, Highland Lakes Golf Club Building, Clubhouse Pavilion, Cabana Building and The Lake Tarpon Lodge. There are 4 regulation tennis courts with night lighting, a 125,000 gallon Olympic sized pool with heated whirlpool spa; 45,000 gallon pool at the Lake Tarpon Lodge, 8 shuffleboard courts, 2 pontoon touring boats and the boat dock at Lake Tarpon Lodge, 3 nine-hole executive golf courses and bocce ball court. The clubhouse and annex building have card rooms and meeting rooms, arts and crafts studios including a woodworking shop, ceramic studio and sewing studio. You can be as busy or as bored as you desire! There is something for everyone in the active adult 55 plus community at Highland Lakes. The community website is noted below to view all events and facilities. All room sizes are deemed to be approximate. The exterior photos were taken just moments before the torrential rain clouds opened up/our inclement daily weather has delayed the delivery of the interior photos for approximately a week. Call for your private viewing today!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,190
Sqft
0.11 ac
Lot size
1
Garage
1985
Year built
One
Levels
$286
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,040 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,040/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.
vs edgeAI estimate
+20.4%
$/sqft vs Palm Harbor actives
$286 vs $260
Days on market
2 vs 69 typical
Where $286/sqft sits among the 400 Palm Harbor actives
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 Highland Lakes
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palm Harbor. See the full Palm Harbor guide →
Highland Lakes — neighborhood snapshot
Population
5,270
Median age
69
Median income
$65,822
Median home value
$287,444
Avg household
2
Households w/ children
226
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palm Harbor market
$420K → $440K
Palm Harbor median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
242 of 400
Palm Harbor actives have cut their price
Median sold price, Palm Harbor, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 36% above the PALM HARBOR 34684 median. See the full Palm Harbor market guide →
Paper trail
This home's history
Reality check
What actually sold near 978 MADRID DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$345,000
2770 STEEPLE COURT
3 bd · 2 ba · 1,205 sqft · $286/sqft · 69 DOM
Sold · Apr ’26$300,000
3728 LAKE ST GEORGE DRIVE
2 bd · 2 ba · 1,160 sqft · $259/sqft · 11 DOM
Sold · Jun ’26$300,000
3753 MACKENZIE COURT
3 bd · 2 ba · 1,160 sqft · $259/sqft · 19 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.

Your agent
Shawn Headley
Realtor · CENTURY 21 Edge
Tours, negotiation, and every question about 978 MADRID DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 978 MADRID DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Shawn's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
978 MADRID DRIVE FAQs
What would the monthly payment be for 978 MADRID DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,040/mo — principal and interest, the actual property-tax bill, the $275/mo association fee 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.
How much are the HOA fees at 978 MADRID DRIVE?+
The association fee works out to $275 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 978 MADRID DRIVE?+
The most recent tax bill on record (2026) was $5,447. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 978 MADRID DRIVE?+
The listing reports pets: Size Limit, Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Palm Harbor?+
At $339,950, this home is listed about 10% below the Palm Harbor median of $377,495. The market section on this page shows how the area is trending.
Which schools are assigned to 978 MADRID DRIVE?+
Joseph L. Carwise Middle School (middle), Highland Lakes Elementary School (elementary), Palm Harbor University High (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$339,950 runs 36% above the PALM HARBOR 34684 median.
02Golf Course & Trees/Woods views
The golf course and trees/woods view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 2 days on market in a Palm Harbor market that averages 69 — if it fits, move quickly.
04Strong assigned schools
Joseph L. Carwise Middle School, Highland Lakes Elementary School, Palm Harbor University High — Joseph L. Carwise Middle School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX REALTEC GROUP INC · Colleen Tuttle. MLS #TB8556069.
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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