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$1,095,000
4 Beds ⋅ 3 Baths ⋅ Paradise Island 1st Add SubDv.
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.

31 Dolphin Drive, Treasure Island
$5,750,000
5 Beds ⋅ 7 Baths ⋅ Paradise Island 1st Add SubDv.
Paradise Island in Treasure Island. This stunning custom waterfront estate was just completed in 2026 by renowned Aventis Builders. It sits on a premier west facing lot with 84ft. of waterfront by 152ft. deep allowing for an over abundance of outdoor living space! The home has five bedrooms all with en-suite bathrooms, two half baths, an office and bonus room both with dedicated balconies, a four car plus garage, an in-ground heated pool and spa, and 4,660sq.ft. of refined living space and nearly 8,750 square feet under roof. This architectural showpiece has three levels of all block construction, PGT Aluminum Clad Premium Hurricane Impact-resistant windows and doors throughout and a stucco finish with Cultured Stone, Hardy Lap siding and metal canopy accents. Multiple balconies on every level offering breathtaking waterfront views and endless sunsets! Exquisite gourmet kitchen with custom Matte Black cabinetry, Quartz countertops, all ZLine appliances including an eight burner gas stove, French door refrigerator/freezer, 44 bottle under-counter Wine cooler, a cafe microwave drawer, and a hidden Butler’s pantry. The two story Great room has a recessed ceiling with large chandelier along with a 57” Linear Fireplace with multiple color schemes. There is an outdoor kitchen on the balcony off of the kitchen/dining area with a refrigerator, sink, grille, exhaust hood, and granite countertop/backsplash. The spacious primary bedroom has a private balcony and an oversized walk in closet. The primary bathroom has custom Matte Black cabinetry, quartz countertops, a soaker tub, and large double shower with lighted Niche. The laundry room has two sets of steam washers and dryers. Beautiful pebble tech pool with sun shelf, and in-ground spa all surrounded by Modular modern pavers. Large covered lanai by pool with ceiling fans ideal for entertaining. Other features include: Three story staircase with oak treads/landings and powder coated railings, White matte Large-Format tile throughout, elevator with telephone and emergency alarm, 500 gallon LP tank, In-wall pest defense system, pre-wired for speakers, cameras, alarm system and future generator, two 4-ton Trane A/C systems on a hidden mechanical deck with easy access, new dock and pilings with Poly decking, two tankless hot water heaters, all Pentair pool equipment, Vinyl fencing, landscape lighting, water and electric stubbed out to seawall, and so much more! Excellent overall location is only minutes to the Gulf Beaches, fine dining, shopping, I-275 and vibrant downtown St. Petersburg. For the boating enthusiast only minutes to the Gulf passes. This coastal contemporary masterpiece must be seen in person to appreciate the quality and workmanship throughout.

43 Dolphin Drive, Treasure Island
$930,000
Paradise Island 1st Add SubDv.
Build your DREAM HOME on this beautiful quarter-acre waterfront estate lot on Paradise Island - Treasure Island. Offering a rare opportunity for the discerning buyer, this prime parcel features seventy-three feet of direct, deep-water frontage on the Intracoastal Waterway, a protective seawall, and sweeping, unobstructed views across Boca Ciega Bay. For an effortless transition into luxury coastal living, an elite custom builder already features a meticulously designed, permit-ready architectural plan tailored specifically for this lot, allowing you to bypass months of design logistics or seamlessly bring your own custom vision to life. The property perfectly balances private sanctuary with coastal convenience, located just moments from the pristine sandy shores of Treasure Island and the upscale dining, boutique shopping, and vibrant waterfront entertainment of nearby John’s Pass Village. This represents a premier opportunity to design a bespoke maritime lifestyle, complete with private dockage potential, daily sunset vistas, and immediate open-water access from your own backyard.

27 Dolphin Drive, Treasure Island