Paradise Island

Paradise Island is a waterfront community of single family homes, condos, and townhomes in Treasure Island, Florida, with a range of options priced between $195,000 and $5,349,000. There are currently a total of 37 homes for sale on Paradise Island. The smallest Paradise Island home presently available is a two bedroom two bathroom residence that is 645 square feet, and the largest of the Paradise Island homes currently on the market has five beds and five baths and is a 9,309 square foot (4,818SF Under Air) residence.

The Paradise Island community offers a plethora of amenities for its residents to enjoy, including a clubhouse, swimming pool, spa / hot tub, a state-of-the-art fitness center, sauna, and laundry facilities. Sports facilities include a championship golf course, tennis courts, pickleball courts, racquetball, basketball court, and shuffleboard.

Boating enthusiasts will love the fact that the community has boat facilities including a boat dock, and a boat slip. There is also a community park, a playground, a dog park, as well as a fishing pier.

Pets are allowed in Paradise Island although there are certain breed restrictions. There is a limit of how many pets you may have, and there is a restriction on pet size. Dogs and cats are allowed.

There are three commercial airports that serve Paradise Island - Tampa International (TPA), which is twenty miles away; Sarasota Bradenton International (SRQ), which is twenty eight miles away, and Lakeland Linder International (LAL), which is 48 miles away.

Paradise Island real estate activity on the Treasure Island MLS during the past year (as of October 2025) reflects 35 homes changing hands, with an average asking price of $903,217 and an average selling price of $790,829. This represents a list-to-sell price ratio of 88% and $358 per square foot. During this period, Paradise Island homes for sale have taken an average of 54 days to sell.

In addition, there are numerous other communities in Treasure Island to choose from, or you may browse all available Treasure Island Real Estate, including some new construction opportunities. Homes for sale in Paradise Island are selling quickly. Set up a new listing alert, and we will notify you immediately when a new waterfront home in Paradise Island hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your Tampa Bay real estate needs.

Paradise Island Homes For Sale

Under Contract

$5,349,000

$5,500,000

MLS#MFRTB8353952

10100 Tarpon Dr
Treasure Island, FL 33706

4

5

4

6,891 SqFt

Pool

Water Front

0.22 Acres

218 Days

$4.5 Million

MLS#MFRTB8394201

10126 Tarpon Dr
Treasure Island, FL 33706

5

6

3

9,309 SqFt

Pool

Water Front

0.24 Acres

100 Days

New Construction

Reduced

$3,449,900

$3,450,000

MLS#MFRTB8422429

3 Treasure Ln
Treasure Island, FL 33706

4

5

6

6,502 SqFt

Pool

0.35 Acres

29 Days

New Construction

$1,750,000

MLS#MFRTB8418644

10103 Tarpon Dr
Treasure Island, FL 33706

3

2

2

3,035 SqFt

Pool

Water Front

0.23 Acres

27 Days

$1,675,000

MLS#MFRTB8426022

16 Treasure Ln
Treasure Island, FL 33706

3

2

2

2,880 SqFt

Pool

Water Front

0.3 Acres

22 Days

Reduced

$1,645,000

$1,670,000

MLS#MFRTB8406865

24 Marina Ter
Treasure Island, FL 33706

3

2

2

2,756 SqFt

Pool

Water Front

0.32 Acres

76 Days

Under Contract

$1,599,000

$1,799,999

MLS#MFRTB8336538

65 Dolphin Dr
Treasure Island, FL 33706

3

2

2

3,014 SqFt

Pool

Water Front

0.26 Acres

265 Days

$1,350,000

MLS#MFRTB8385856

31 Dolphin Dr
Treasure Island, FL 33706

4

4

1

3,345 SqFt

Pool

Water Front

0.26 Acres

140 Days

Under Contract

$1,290,000

$1,490,000

MLS#MFRTB8377775

17 Bellevue Dr
Treasure Island, FL 33706

3

3

2

3,906 SqFt

Pool

Water Front

0.23 Acres

122 Days

Under Contract

$1,100,000

MLS#MFRTB8387064

5 Marina Ter
Treasure Island, FL 33706

4

3

2

3,519 SqFt

Pool

Water Front

0.21 Acres

124 Days

Under Contract

$1,050,000

MLS#MFRTB8410624

10238 Tarpon Dr
Treasure Island, FL 33706

3

2

1

2,487 SqFt

Water Front

0.23 Acres

62 Days

Reduced

$1,045,000

$1,050,000

MLS#MFRTB8402309

10246 Tarpon Dr
Treasure Island, FL 33706

3

2

1

2,452 SqFt

Water Front

0.22 Acres

85 Days

37 Active Listings in Paradise Island