PARADISE ISLAND 2ND ADD in TREASURE ISLAND

PARADISE ISLAND 2ND ADD
Homes for Sale in TREASURE ISLAND, FL

Community in TREASURE ISLAND · Pinellas County · ZIP 33706
256 homesBuilt 1948–2024
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Built fromLive Stellar MLS data16 years of closingsFL DOR public recordsUpdated twice daily
Live · PARADISE ISLAND 2ND ADD Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
8.6mo
Supply
3 to 6 months is the balanced band
17%
Under contract
Pinellas: 21% (1,872 of 8,871)
15 · 3
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
73%
Owner-occupied · PARADISE ISLAND 2ND ADD
186 of 256 parcels homesteaded (FL DOR 2025)
27%
Non-owner-occupied · PARADISE ISLAND 2ND ADD
incl. 9% trust or LLC-held · 9% out-of-state
67%
Cash buyers · PARADISE ISLAND 2ND ADD
2 of 3 sales, 12 mo ending June 2025
256
Homes in the community
256 residential parcels (FL DOR 2025)
Track record · 16 years of records
Est. 1948
Community established
homes built 1948-2024, median 1968 (FL DOR 2025)
1
Failed listings · 2026
peaked at 5 in 2025
0.4%/yr
Turnover rate
about 1 of 256 homes trade a year
PARADISE ISLAND 2ND ADD Housing Pulse · Momentum Research · as of August 2, 2026

PARADISE ISLAND 2ND ADD right now

🟢 Buyer-leaning market. 8.6 months of supply and 17% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: High (18 active and pending listings, 1 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The market around PARADISE ISLAND 2ND ADD

PARADISE ISLAND 2ND ADD is a small community — 18 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 33706, 474 homes are on the market and 15% are under contract — a slower corner of TREASURE ISLAND.

Across Pinellas County, 6,999 homes are active and 1,872 pending (21% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not PARADISE ISLAND 2ND ADD specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in PARADISE ISLAND 2ND ADD, TREASURE ISLAND

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 86 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-08-24)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in PARADISE ISLAND 2ND ADD

Live MLS inventory for PARADISE ISLAND 2ND ADD. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending PARADISE ISLAND 2ND ADD listings as of 2026-08-23, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2010 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Pinellas County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Azalea Elementary-PN · Elementary
  • Azalea Middle-PN · Middle
  • Boca Ciega High-PN · High

Zoned schools reflect the assignments reported on recent PARADISE ISLAND 2ND ADD 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 2ND ADD address.

If we were buying in PARADISE ISLAND 2ND ADD today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in PARADISE ISLAND 2ND ADD.

A closer look at the PARADISE ISLAND 2ND ADD market

Inventory runs at 8.6 months of supply, a buyer-leaning market.

The housing stock is 256 homes built between 1948 and 2024, and 73% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in PARADISE ISLAND 2ND ADD. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

HOA, CDD & Fees

In short
  • Mandatory HOA. Confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed PARADISE ISLAND 2ND ADD sales matched to your home.

What is your PARADISE ISLAND 2ND ADD home worth?

Get a no-obligation home value based on real comparable sales in PARADISE ISLAND 2ND ADD, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in PARADISE ISLAND 2ND ADD on the map →

Real comps, not an automated estimate.

Paradise Island Market Scorecard

Buyer's market

Paradise Island is currently a buyer's market. About 7.7 months of supply, a median asking price of $794,700, and homes go under contract in about 158 days.

7.7
Months supply
$794,700
Median list
$1,024,990
Median sold
$393
Per sqft
158
Days on mkt
18/3/28
Active/Pend/Sold

Go deeper: county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is PARADISE ISLAND 2ND ADD a buyer's or seller's market right now?
As of August 2, 2026, PARADISE ISLAND 2ND ADD leans toward buyers: 8.6 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in PARADISE ISLAND 2ND ADD?
The Florida DOR 2025 assessment roll shows 256 homes in PARADISE ISLAND 2ND ADD (public records).
What share of PARADISE ISLAND 2ND ADD is owner-occupied?
73% of PARADISE ISLAND 2ND ADD parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in PARADISE ISLAND 2ND ADD built?
Homes in PARADISE ISLAND 2ND ADD were built between 1948 and 2024, with a median year built of 1968 (FL DOR 2025 roll).
Do cash buyers compete in PARADISE ISLAND 2ND ADD?
Cash buyers took 67% of PARADISE ISLAND 2ND ADD sales in the 12 months ending June 2025 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for PARADISE ISLAND 2ND ADD?
The best agent for PARADISE ISLAND 2ND ADD is one who actively works TREASURE ISLAND and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for PARADISE ISLAND 2ND ADD.
How do I find a top TREASURE ISLAND real estate agent who knows PARADISE ISLAND 2ND ADD?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows PARADISE ISLAND 2ND ADD and the wider TREASURE ISLAND area.
Can Momentum Realty connect me with an agent for PARADISE ISLAND 2ND ADD?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PARADISE ISLAND 2ND ADD purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near PARADISE ISLAND 2ND ADD with Momentum Realty’s local guides.

TITreasure Island Villas Condo0.3 mi awayWOWestwinds Of Treasure Island Condo0.4 mi awayTreasure Island Tennis Yacht Club0.4 mi awayOAOceana At Treasure Island Condo0.5 mi awaySouth Causeway Isle St Petersburg0.8 mi awaySouth Cswy Isle Yacht Club Add St Petersburg0.9 mi awayIsle Of Palms Treasure Island0.9 mi awayOCOcean Club Treasure Island A Resort Condo1.0 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2010 (26 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in PARADISE ISLAND 2ND ADD? 1 recorded closings (window ending 2026-08-02). See the Pinellas County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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