Discover an extraordinary waterfront opportunity in Paradise Island, one of Treasure Island’s most desirable neighborhoods. Located at 31 Dolphin Drive, this spacious 73-foot-wide waterfront property offers approximately 150 feet of depth, spectacular intracoastal views, and the rare opportunity to restore, renovate or potentially rebuild a custom coastal residence. Set along a beautiful street where many neighboring homes have already been restored following the historic 2024 hurricane events, this property offers an exceptional chance to create something truly special in an established and appealing waterfront neighborhood. The existing approximately 2,307-square-foot Mid Century Modern home features four bedrooms and three bathrooms, along with a pool and spa. The property sustained damage during the 2024 hurricanes; however, the main level has been remediated, and the upper level remains intact with terrazzo and parquet flooring, bedrooms, and beautiful water views. The property provides flexibility for buyers who may wish to complete a major renovation or explore a teardown and new construction, subject to all applicable city and county approvals. A separate electrical panel serves the pool pump and spa. Residents enjoy access to the Treasure Island waterfront recreation center, while the property is conveniently located just minutes from Gulf beaches, shopping, dining, medical facilities, and the vibrant downtown area of St. Petersburg. Offered at approximately $1,095,000, this property is ideal for a well-qualified buyer seeking a rare waterfront homesite with exceptional views and outstanding potential in Paradise Island. Buyer to verify all measurements, property condition, permitting, zoning, renovation options, and redevelopment possibilities with the appropriate professionals and governmental authorities.
| MLS # | TB8539401 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1954 |
| Days On Site | 28 |
| Listing Provided By | DALTON WADE INC | Barry Rothstein |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,307 |
| Garage | 1 |
| Pool | Yes |
| Story(s) | 3 |
| Acreage | 0.26 |
| Water Front | Yes |
| Property View | Pool, Water |
| Property | 13211 |
|---|
| State | FL |
|---|---|
| County | Pinellas |
| City | TREASURE ISLAND |
| Zip Code | 33706 |
| Area | 33706 Pass a Grille Bch | St Pete Bch | Treasure Isl |
| Community Name | PARADISE ISLAND 1ST ADD |
| School District | Boca Ciega High-PN |
| Elementary School | Azalea Elementary-PN |
| High School | Boca Ciega High-PN |
| Listing VS Median (in PARADISE ISLAND 1ST ADD) | |
Price: $1,095,000 low | high Med: $3,422,500 sqft: 2,307 low | high Med: 3,484 $ / sqft: $475 low | high Med: $854 On site: 28 low | high Med: 39 | |
| State | FL |
|---|---|
| County | Pinellas |
| City | TREASURE ISLAND |
| Zip Code | 33706 |
| Area | 33706 Pass a Grille Bch | St Pete Bch | Treasure Isl |
| Community Name | PARADISE ISLAND 1ST ADD |
| School District | Boca Ciega High-PN |
| Elementary School | Azalea Elementary-PN |
| High School | Boca Ciega High-PN |
| Listing VS Median (in PARADISE ISLAND 1ST ADD) | |
Price: $1,095,000 low | high Med: $3,422,500 sqft: 2,307 low | high Med: 3,484 $ / sqft: $475 low | high Med: $854 On site: 28 low | high Med: 39 | |