Tropic Terrace Apt
Homes for Sale in Treasure Island, FL

This is a 40-unit coastal community of small, mid-century-era units on Treasure Island, where age and modest square footage make condition and association terms the real story on any given unit.

Stellar MLS sales records identify 8 homes in Tropic Terrace Apt that have changed hands since 2018, built between 1950 and 1950 (median 1950), with a median living area of about 535 sq ft and a typical 1-bedroom, 1-bath layout; 100% are condominiums. 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.

Tropic Terrace Apt is too small for its own price trend, so here is the market around it.

In ZIP 33706, 427 homes are on the market and 14% are under contract — a slower corner of Treasure Island.

Across Pinellas County, 6,539 homes are active and 1,627 pending (20% 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 Tropic Terrace Apt specifically. Momentum Research analysis of MLS records.

With a median build year of 1960 and a range stretching from 1950 to 2004, buildings here vary in vintage and, almost certainly, in how much they have been updated. At a median near 480 square feet, these are efficient beach units — the kind of space that rewards buyers who want a lock-and-leave coastal base over square footage. Verify the association's reserves, insurance posture, and any assessment history before you write anything; on older coastal stock, that paperwork matters more than the finishes.

The low homestead share tells you this is largely a non-primary-residence community. That can mean flexibility for a buyer looking for a seasonal footprint, but it also means rental rules, occupancy limits, and financing eligibility deserve careful reading. Because closings have been quiet, pricing conversations should be built unit by unit, not off a community average.

A 40-unit community with no recent closings is exactly where a generic search falls short — there is no easy comp to lean on, so the value comes from reading each unit's condition, the association's financial and insurance standing, and the current listings in context. We do that homework before you commit, and we will tell you plainly when a specific unit's numbers do not work.

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