Paradise Island
Homes for Sale in Treasure Island, FL

Paradise Island market snapshot (as of November 13, 2026): the median sale price is about $821K ($346 per sq ft over the trailing 12 months of closed sales), a median 152 days on market for closed sales, and 6.3 months of supply, a buyer-leaning market.

In ZIP 33706 (Treasure Island), 112 homes closed in the last 12 months at a median of $821K ($488/sq ft), down 22.9% year over year, with a median 83 days on market. Right now 106 active and 17 pending listings. See the live ZIP 33706 housing market and the Pinellas County market.

County records show 25 qualified sales in Paradise Island across 2024 - 2025 (11 in 2024, 14 in 2025), median $740,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Flood zones in Paradise Island: of 19 listing addresses checked against the FEMA National Flood Hazard Layer, 89% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage; 11% are in a V-series coastal high-hazard zone. Individual parcels vary - verify any specific address at msc.fema.gov.

Paradise Island is a community of 447 homes in Treasure Island, Pinellas County, built between 1910 and 2024 (median 1967.0), with a median living area of about 2,064 square feet. 70% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Paradise Island is a small, deed-restricted island community in Treasure Island where golf carts are allowed and the home stock spans more than a century of building eras. The amenity package and HOA structure give it a managed feel, but the age range means no two blocks look alike.

• Azalea Elementary-PN · Elementary
• Azalea Middle-PN · Middle
• Boca Ciega High-PN · High

Zoned schools reflect the assignments reported on recent Paradise Island listings and can change; always confirm with Pinellas County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Paradise Island address.

This is a community with real structure behind it. The MLS record shows an owned recreation association, a pool, tennis courts, a playground, a dog park, and park space, alongside deed restrictions, buyer approval, and parking rules that exclude trucks, RVs, and motorcycles. Maintenance and cable are reported as covered items. If you want an island setting with governance and shared amenities rather than a loose, anything-goes block, that trade is on offer here - verify the current carrying costs and approval process directly with the HOA before you write an offer.

The housing itself rewards careful inspection. With a median build year of 1967 and examples dating to 1910, you will encounter homes that have been fully reworked and homes that have not been touched in decades, which is exactly why the price-per-foot varies so much. Golf-cart-friendly streets and reclaimed-water irrigation point to a settled, low-key island layout. Underwrite each home on its own condition; the median number is a starting point, not a prediction for the specific property in front of you.

A market with 95-day median marketing times, a wide condition-driven price spread, and an HOA that requires buyer approval is one where pricing and preparation decide the outcome. We read each home against the specific era it was built in, flag the renovation and insurance questions that matter on an island like this, and walk you through the approval and deed-restriction requirements before you are emotionally committed. On the sell side, we price to the current buyer-leaning reality so your listing moves instead of sitting.