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Map of Paradise Island
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Neighborhood · Treasure Island, Florida

Paradise Island

Waterfront island living on Florida's Gulf Coast

26

Homes for sale

$658,450

Median list price

$416

Avg price / sqft

102

Median days on market

Search Paradise Island on the map

Paradise Island sits just off the main stretch of Treasure Island, a compact web of canal-lined streets where boats and back-porch sunsets are part of daily life. This is a genuine waterfront community — of the 27 homes on the market, 16 sit on the water — with pockets like Capri Isle, Isle Of Palms, and nearby Sunset Beach each carrying their own character. You're roughly 42 minutes from Tampa International Airport, close enough for weekend flyers but far enough to feel like you've left the mainland behind.

For a buyer today, the market rewards patience. The median list price is $669,900, but the 22 homes that sold over the past year closed at a median of $910,000 — a gap that reflects how much waterfront weight sits at the top of the range, which runs all the way to $3,995,000. Homes take a median 76 days to sell and sellers are getting about 92% of asking, so there's room to negotiate if you come prepared.

Paradise Island is a community in Treasure Island, Florida.

Quick facts

$245,000$4.0M price range

1,750 sqft median home

$1,018/mo median HOA

$2,250/mo median rent

25 sold in 12 months

Drive times

Tampa Int’l Airport (TPA)42 min
Downtown Tampa43 min

On the market now

Homes for sale in Paradise Island

View all 26

Every active listing inside the Paradise Island boundary

Open full map search →

Find your fit

Browse Paradise Island

Where the market lives

3
6
1
6
5
3
2
$200K–$300K$300K–$400K$400K–$500K$500K–$750K$750K–$1.0M$1.0M–$2.0M$2.0M+

The numbers that matter

The Paradise Island market

25

Sold, last 12 months

$890,000

Median sold price

92%

Sale-to-list ratio

What sellers actually get vs asking

95 days

Median time to sell

Paradise Island vs Treasure Island

Median list price

Paradise Island$658K
Treasure Island Co.$659K

Price per sqft

Paradise Island$416
Treasure Island Co.$638

Days on market

Paradise Island102d
Treasure Island Co.74d

Median sold price — 3-yr, 3-mo rolling

22.4% yr/yr

$655K$1.4M$2.1MJul ’23May ’26

Homes sold per month

036Sep ’23May ’26

Live Stellar MLS data — every listing and closed sale inside the Paradise Island boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Paradise Island is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Paradise Island home

$5,105/mo

Principal & interest $3,469
Property tax $408
HOA / fees $1,018
Insurance (est.) $210

$658,450 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$1,018/mo

Median HOA

From current listings inside the boundary

$2,250/mo

Median rent

Homes for rent inside the boundary

Population

824

Median age

63

Median income

$78,500

Median home value

$463,000

Beyond the listings

Living in Paradise Island

Culture

Top 10% in the U.S.

Sites to See

This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.

Lifestyles

Top 12% in the U.S.

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Entertainment

Top 16% in the U.S.

Lighthearted Fun

This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.

Food & Drink

Top 17% in the U.S.

Fueling for Fitness

A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.

Relationships

Top 20% in the U.S.

Networking

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Relationships

Top 21% in the U.S.

Girl Squad

From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.

Straight answers

Paradise Island FAQs

Is Paradise Island a good place to live?+

It's a small, water-oriented pocket of Treasure Island where most homes sit on canals with boat access. Assigned schools include Azalea Elementary, Azalea Middle, and Boca Ciega High, and you're about 42 minutes from Tampa International Airport. It suits buyers who want Gulf Coast island life without being cut off from the mainland.

Is it expensive to buy here?+

Yes, relative to inland Pinellas — the median list price is $669,900, but sold homes over the last year hit a median of $910,000, reflecting the waterfront premium. Prices span from $245,000 up to $3,995,000, with five active homes above $1 million. There's genuine range depending on whether you want water frontage.

What do homes cost in Paradise Island?+

Expect to pay around $413 per square foot, with a median home size near 1,750 square feet. The active median list is $669,900, though the water and pool homes push the top end of the Isle Of Palms and surrounding streets much higher. Recent closings landed at a $910,000 median.

How is the market right now?+

There are 27 active listings and 22 homes sold over the past year, so inventory turns steadily but not quickly. Homes take a median 76 days to sell and sellers are averaging 92% of asking, which gives a prepared buyer some negotiating leverage. The Capri Isle and nearby enclaves see the strongest waterfront demand.

What about HOA fees and property taxes?+

The median HOA runs about $1,035 per month, which is on the higher side and typically tied to condo or managed waterfront properties. Median property tax is around $4,884 per year. Always confirm exact figures per listing, since fees vary widely across the different communities here.

Keep exploring

More Treasure Island neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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