Paradise Island 1st Add Homes with Canal - Saltwater Frontage

Paradise Island 1st Add Homes with Canal - Saltwater Frontage

Welcome to Paradise Island 1st Addition, a hidden gem nestled in the heart of Treasure Island, Florida. This enchanting subdivision offers a unique blend of coastal living and vibrant community spirit, making it a perfect destination for those seeking a serene yet active lifestyle. With its picturesque streets lined with swaying palm trees and charming homes, Paradise Island is truly a slice of paradise.

One of the standout features of this delightful neighborhood is its stunning homes with canal and saltwater frontage. Imagine waking up to the soothing sounds of gentle waves lapping against your dock as you sip your morning coffee. These waterfront properties provide direct access to some of Florida's most beautiful waterways, making them a dream come true for boating enthusiasts and fishing aficionados alike. Whether you're casting a line for the day’s catch or setting sail for an afternoon adventure, the possibilities are endless.

In addition to its prime waterfront location, Paradise Island 1st Addition boasts a friendly and welcoming community. Residents enjoy a variety of local amenities, including nearby parks, shops, and dining options that capture the essence of Florida's laid-back lifestyle. With stunning sunsets and warm, sandy beaches just a stone's throw away, you’ll find yourself immersed in the natural beauty that Treasure Island has to offer.

If you're searching for a place where you can unwind, explore, and create lasting memories, look no further than Paradise Island 1st Addition. Your dream home awaits in this idyllic coastal retreat!

Newest Paradise Island 1st Add Homes with Canal - Saltwater Frontage

$1,095,000
4 Beds 3 Baths Paradise Island 1st Add SubDv. 33706 Zip Code
Discover an extraordinary waterfront opportunity in Paradise Island, one of Treasure Island’s most desirable neighborhoods. Located at 31 Dolphin Drive, this spacious 73-foot-wide waterfront property offers approximately 150 feet of depth, spectacular intracoastal views, and the rare opportunity to restore, renovate or potentially rebuild a custom coastal residence. Set along a beautiful street where many neighboring homes have already been restored following the historic 2024 hurricane events, this property offers an exceptional chance to create something truly special in an established and appealing waterfront neighborhood. The existing approximately 2,307-square-foot Mid Century Modern home features four bedrooms and three bathrooms, along with a pool and spa. The property sustained damage during the 2024 hurricanes; however, the main level has been remediated, and the upper level remains intact with terrazzo and parquet flooring, bedrooms, and beautiful water views. The property provides flexibility for buyers who may wish to complete a major renovation or explore a teardown and new construction, subject to all applicable city and county approvals. A separate electrical panel serves the pool pump and spa. Residents enjoy access to the Treasure Island waterfront recreation center, while the property is conveniently located just minutes from Gulf beaches, shopping, dining, medical facilities, and the vibrant downtown area of St. Petersburg. Offered at approximately $1,095,000, this property is ideal for a well-qualified buyer seeking a rare waterfront homesite with exceptional views and outstanding potential in Paradise Island. Buyer to verify all measurements, property condition, permitting, zoning, renovation options, and redevelopment possibilities with the appropriate professionals and governmental authorities.

31 Dolphin Drive, Treasure Island

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