Rachel Jean-Baptiste
Map of Paradise Island
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Neighborhood · Treasure Island, Florida

Paradise Island

Waterfront living where the Gulf meets the bay

22

Homes for sale

$679,450

Median list price

$495

Avg price / sqft

84

Median days on market

Search Paradise Island on the map

Paradise Island sits between the Gulf beaches and the intracoastal in Treasure Island, a compact residential enclave where most streets end at the water. Its clusters of neighborhoods — Capri Isle, Isle Of Palms, and nearby Sunset Beach — draw boaters and beach-goers who want a canal-front dock and the sand within a short drive. It's the kind of place where daily life runs on the tide chart, and Tampa International is only about 42 minutes away when you need it.

For buyers, this is a waterfront-driven market: 14 of the 22 active listings sit on the water and seven come with pools. Prices span widely, from a $245,000 entry point to a $5,750,000 estate, with a median list of $679,450 and homes selling for around $890,000 over the past year. With a median 83.5 days on market and sellers netting about 93% of asking, there's genuine room to negotiate if you're patient.

Paradise Island is a community in Treasure Island, Florida.

Quick facts

$245,000$5.8M price range

1,789 sqft median home

$1,099/mo median HOA

$2,500/mo median rent

27 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 22

Every active listing inside the Paradise Island boundary

Open full map search →

Find your fit

Browse Paradise Island

Where the market lives

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4
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$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

27

Sold, last 12 months

$890,000

Median sold price

93%

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$679K
Treasure Island Co.$699K

Price per sqft

Paradise Island$495
Treasure Island Co.$596

Days on market

Paradise Island84d
Treasure Island Co.96d

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

22.4% yr/yr

$655K$1.4M$2.1MAug ’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

$5,273/mo

Principal & interest $3,580
Property tax $384
HOA / fees $1,099
Insurance (est.) $210

$679,450 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$1,099/mo

Median HOA

From current listings inside the boundary

$2,500/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 suits buyers who want water at their doorstep — 14 of 22 active listings are waterfront and many streets end at a canal. Assigned schools include Azalea Elementary, Azalea Middle, and Boca Ciega High, and you're a short drive from Treasure Island's Gulf beaches. Tampa International is about 42 minutes out when you need to travel.

Is Paradise Island expensive?+

It's a premium waterfront market, with a median list price of $679,450 and an average of $495 per square foot. That said, the range is wide — from $245,000 up to $5,750,000 — so there are entry points below the median alongside seven listings priced over $1M.

What do homes cost in Paradise Island?+

The median list price is $679,450 and the median home runs about 1,789 square feet at roughly $495 per square foot. Over the past 12 months, 27 homes sold at a median of $890,000, reflecting how much the waterfront homes in Treasure Island drive the numbers here.

How is the market right now?+

There are 22 active listings, and homes are taking a median of 83.5 days to sell — a pace that gives buyers time to be selective. Sellers are averaging about 93% of asking, so well-prepared offers often have negotiating room, especially on longer-listed properties.

What about HOA fees and property taxes?+

The median HOA runs about $1,099 per month, though that varies by community and whether a property carries condo or dock-related fees. Median property tax is around $4,602 per year, and if you're weighing a rental, the median rent in the area is about $2,500 per month.

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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