Steeve Cadeau
$1,790,000$2,099,0004 bd3 ba2,537 sqft$706 /sqft$11,317 /mo all-in ↓

874 BAY POINT DRIVE, MADEIRA BEACH, FL, 33708

Active114 days on marketListed Apr 1, 2026MLS #TB8487251

Reduced $309KWaterfrontPrivate poolSingle Family ResidenceBAY POINT ESTATES 2ND ADD

About this home

874 BAY POINT DRIVE

OWNER MOTIVATED,HUGE PRICE REDUCTION. YOUR GULF COAST DREAM HOME AWAITS! Best-life living in paradise with EXPANSIVE WATER VIEWS and ONLY ONE MILE from world-famous white sand beaches and the most spectacular sunsets. Casual elegance meets coastal charm in this bright and airy custom-built home with soaring 20-foot ceilings and windows, providing unparalleled views of Boca Ciega Bay. Watch dolphins daily, visit with the manatees and fish off your dock in the calm and quiet waters. No expense was spared for the newer DEEP WATER dock (2024) with composite decking, a 13,000 lb. boat lift, fresh water and electrical with plenty of room for power boats, sail boats, jet skis or your yacht. Take off from your dock and arrive at the open waters of the Gulf in just a few minutes! The island life awaits whether its biking to the beach, brunch by boat, sunset cruising, or deep-sea fishing. You will never lack for entertainment and adventure with fine dining, tiki bars, live music, vibrant nightlife, and shopping. Launch your kayaks and paddle the multitude of mangroves, tiny islands and bird sanctuaries, or explore the endless variety of parks - all just minutes from your dock and door. Hang out at home while you swing and snooze in the hammock under the palms while enjoying the cooling sea breezes. Lounge by your crystal-clear pool and work on your tan, and then unwind under the stars in your jetted hot tub while watching the crackling flames of your firepit. The good life is yours in the bright and sprawling open concept kitchen/dining/living area that is perfect for entertaining. Gleaming granite countertops, countless cabinets, a huge island and an enormous floor to ceiling pantry are a chef’s dream! Impress guests with your water views, backlit wet bar and wine fridge, and WOW the crowd with the annual Madeira Beach Holiday Lighted Boat Parade cruising by! Three spacious spare bedrooms with 2 full baths provide lots of options, and your guests can even enjoy complete privacy in an enclosed 2-room guest suite with a full bath and its own entrance. After a day of entertaining, escape to ultimate relaxation in your private owner’s suite on its own floor, boasting his and hers walk-in “California” closets and a massive bath complete with a balcony! Slow down, sip a cocktail and soak while enjoying the sunset and painted sky from your oversized jetted garden tub. You can even view the sunset from your massive tiled shower with a large bench and 3 shower heads! Wake up and enjoy sunrise coffee and water views from your bed or sitting on your bay-side bedroom balcony. Or enjoy the stunning birds eye views of the bay and even downtown St. Pete - from the unique owner’s suite loft. Lower level features and oversized garage with room for 4 cars and a ton of storage. Your new home is located on a quiet, dead-end street.The peaceful, walkable neighborhood is surrounded by the bay and has several parks and NO HOA FEES. Other features of your new home include 10-foot ceilings, custom-etched glass doors and windows by local artist, laundry room on the main floor, complete with water views, a private pool-side outdoor shower (with hot water!), a whole-house water softener, expansive front and back decks, large attached potting/storage shed, and a safe/secure grassy side yard FOR YOUR PETS. Stop dreaming and START LIVING

Facts & features

The home at a glance

4

Bedrooms

3

Bathrooms

2,537

Sqft

0.04 ac

Lot size

2

Garage

2002

Year built

Multi/Split

Levels

$706

Per sqft

Private poolWaterfrontWater viewPets allowed

Inside

FlooringTile · Hardwood
AppliancesBar Fridge · Cooktop · Dishwasher · Dryer · Electric Water Heater · Range · Refrigerator · Washer · Water Softener
InteriorCathedral Ceiling(s) · L Dining · Living Room/Dining Room Combo · Pest Guard System · Solid Wood Cabinets · Split Bedroom · Stone Counters · Vaulted Ceiling(s) · Walk-In Closet(s) · Wet Bar
LaundryLaundry Room
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofOther
ConstructionBlock · Wood Frame (FSC Certified)
FoundationSlab · Stilt/On Piling
ViewWater
FacesWest
ParkingDriveway · Garage Door Opener · Ground Level · Oversized · Split Garage
ExteriorFire Pit · French Doors · Private Yard

Community & fees

Taxes (2025)$9,918/yr
PetsYes

Utilities & systems

UtilitiesCable Connected · Electricity Connected · 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.

$11,317 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$9,659
PMI (est., until 20% equity)$671
Property tax — 2025 actual bill$827
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $179,000Loan30-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% · $179,000
Interest rate6.00%
Loan term

Estimated payment

$11,317/mo

Principal & interest$9,659
PMI (est., until 20% equity)$671
Property taxes (actual bill)$827
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 $1.8M
$981KedgeAI estimate $1,442,969 · range $1.0M$2.1M$2.2M

vs edgeAI estimate

+24%

$/sqft vs Madeira Beach actives

$706 vs $632

Days on market

114 vs 88 typical

Where $706/sqft sits among the 126 Madeira Beach actives

61
47 · this home
6
4
1
7
$274–617$617–960$960–1303$1303–1646$1646–1989$1989+

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 Madeira Beach

Map of 874 BAY POINT DRIVE

Drive times from this address

Downtown Tampa37 min
Tampa Int’l Airport (TPA)37 min

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

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

MADEIRA BEACH 33708 — neighborhood snapshot

Population

15,306

Median age

61.1

Median income

$83,773

Median home value

$463,700

Avg household

1.9

Households w/ children

600

For the school run

Pinellas County School District

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

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

The numbers that matter

The Madeira Beach market

Seller’s marketLeans buyer9.5 months of inventoryBuyer’s market

$573K$585K

Madeira Beach median sold, yr/yr

93.8%

Sale-to-list ratio (12 mo)

62 of 126

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 261% above the MADEIRA BEACH 33708 median. See the full Madeira Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,790,000 $309K
Apr 1, 2026Listed at $2,099,000 · 114 days on market since
2002Built · BAY POINT ESTATES 2ND ADD

Reality check

What actually sold near 874 BAY POINT DRIVE

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

850 BAY POINT DRIVESold · Apr ’26

$2,200,000

850 BAY POINT DRIVE · same community

5 bd · 4 ba · 2,628 sqft · $837/sqft · 51 DOM

856 BAY POINT DRIVESold · Dec ’25

$1,700,000

856 BAY POINT DRIVE · same community

4 bd · 3 ba · 2,439 sqft · $697/sqft · 43 DOM

833 BAY POINT DRIVESold · Aug ’25

$1,950,000

833 BAY POINT DRIVE · same community

3 bd · 2 ba · 2,267 sqft · $860/sqft · 307 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.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 874 BAY POINT 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 874 BAY POINT DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Steeve's phone and CRM.

Goes straight to Steeve’s phone and CRM.

Straight answers

874 BAY POINT DRIVE FAQs

What would the monthly payment be for 874 BAY POINT DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,317/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 874 BAY POINT DRIVE?+

The most recent tax bill on record (2025) was $9,918. 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 874 BAY POINT DRIVE?+

The listing reports pets: 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 Madeira Beach?+

At $1,790,000, this home is listed about 124% above the Madeira Beach median of $799,000. The market section on this page shows how the area is trending.

Which schools are assigned to 874 BAY POINT DRIVE?+

Orange Grove Elementary School (elementary), Osceola Middle School (middle), Richard O Jacobson Technical High School At Seminole (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

$1,790,000 runs 261% above the MADEIRA BEACH 33708 median — but at 2,537 sqft it's also nearly twice 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, Osceola Middle School, Richard O Jacobson Technical High School At Seminole — Orange Grove Elementary School rates 5 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $2,099,000, now $1,790,000 — a $309K cut. The full history is in the market section below.

Listing courtesy of SOUTH BEACHES REAL ESTATE · Anne Hensel. MLS #TB8487251.

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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