$1,095,000
About this home
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.
Highlights
Property details
- MLS #
- MFRTB8539401
- Property type
- Single Family Residence
- Subdivision
- PARADISE ISLAND 1ST ADD
- Status
- Active
- Days on market
- 2
- On market date
- August 18, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- 0.26 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 306
- Student:teacher ratio
- 13.3:1
- District
- PINELLAS
- Enrollment
- 807
- Student:teacher ratio
- 18.8:1
- District
- PINELLAS
- Enrollment
- 240
- Student:teacher ratio
- 48.0:1
- District
- PINELLAS
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 7 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.