Paradise Island
Homes for Sale in Treasure Island, FL
All 193 homes for sale in Treasure Island, FL · median $625,000 · 178 homes for sale in 33706 · Pinellas County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 6 closed sales in Paradise Island 3Rd Add in Treasure Island, FL since 2012, the most recent in January 2026. Across Treasure Island as a whole, 139 homes closed in the last 12 months at a median of $910,000, 82 median days on market, with 72 homes for sale today. At that median and Pinellas County's FY2025-26 rate of 19.39 mills, annual property tax runs about $17,640 ($16,830 with the full homestead exemption).
Paradise Island 3rd Add sits within Treasure Island, one of the barrier-island communities that make up the Pinellas beach corridor. The current MLS snapshot for this specific plat does not carry the volume of active or recent sales data needed to isolate a price trend, a days-on-market pattern, or an inventory count particular to this subdivision — so any read on value here has to lean on location and lot characteristics rather than a statistical snapshot.
For a buyer or seller, that means the opening move is diligence at the parcel level: pulling comparable sales from the immediate island rather than relying on countywide or citywide figures, and treating this as a market where the individual lot, elevation, and structure condition will do more to set price than any broad trend line.
Nearby homes for sale
No active listings inside Paradise IslandHomes for Sale in Treasure Island, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Paradise Island 3rd Add is a platted subdivision within Treasure Island, Pinellas County, on the Gulf-side barrier island chain — a location defined more by its island geography than by any tracked community amenity program.
Stellar MLS sales records identify 265 homes in Paradise Island that have changed hands since 2004, built between 1948 and 2027 (median 1958), with a median living area of about 2,077 sq ft and a typical 3-bedroom, 2-bath layout; 98% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Paradise Island is best for.
Best for
- Buyers targeting the Treasure Island barrier-island location itself rather than a specific amenity set.
- Buyers comfortable doing individual-lot and elevation diligence rather than relying on subdivision-wide sales data.
- Buyers who plan to evaluate condition and price on a home-by-home basis.
Probably not for
- Buyers who want a documented, active community amenity program as part of the purchase.
- Buyers who want to rely on a robust subdivision-level sales history before making an offer.
- Buyers seeking a turnkey process built around published community statistics rather than manual comps.
The market around Paradise Island
Paradise Island is too small for its own price trend, so here is the market around it.
In ZIP 33706, 429 homes are on the market and 15% are under contract — a slower corner of Treasure Island.
Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).
In ZIP 33706 (Treasure Island), 408 homes closed in the last 12 months at a median of $731K ($492/sq ft), up 6.9% year over year, with a median 79 days on market. Right now 164 active and 32 pending listings put supply at about 5.6 months — a buyer's market. See the live ZIP 33706 housing market and the Pinellas County market.
ZIP and county figures describe the wider market, not Paradise Island specifically. Momentum Research analysis of MLS records.
The Paradise Island buying strategy.
If we were buying in Paradise Island today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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.
A barrier-island plat without a tracked amenity package
Current MLS records show no community amenities identified for Paradise Island 3rd Add — no listed clubhouse, pool, or organized recreation tied to the subdivision itself. That is not unusual for older barrier-island plats in Treasure Island, where the draw is typically the island setting and water access rather than a managed amenity roster.
Because there is not a deep, current dataset of active listings tied specifically to this plat name, buyers and sellers should expect to do comparable-sales work manually — looking at recent closings on the same or adjacent streets — rather than relying on a packaged subdivision-level trend.
The location and the amenities are priced into every listing in Paradise Island. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a plat where MLS-level subdivision statistics are thin, the value is in manual comparable analysis rather than automated reports — pulling recent closings street by street on the island, checking flood zone and elevation certificates, and pricing the individual lot on its own merits rather than a plat-wide average.
Paradise Island in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
Tools for a Paradise Island buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Paradise Island sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Paradise Island, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Paradise Island home worth?
Get a no-obligation home value based on real comparable sales in Paradise Island, 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 all homes for sale in Treasure Island →
Should you buy in Paradise Island?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 19, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2012 (6 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.
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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 local comps.
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See how Paradise Island Add fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Paradise Island
Where is Paradise Island?
Paradise Island is a community in Treasure Island, Pinellas County, Florida, ZIP 33706.
Are there homes for sale in Paradise Island right now?
No active listings inside Paradise Island at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Paradise Island have an HOA or CDD?
No HOA is on record for Paradise Island in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
Nearby Communities
Explore more neighborhoods near Paradise Island with Momentum Realty’s local guides.
Paradise Island 3Rd Add Market Scorecard
Paradise Island 3Rd Add is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 33706 ZIP is $572,690, about 17.8% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · 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.