CENTURY 21 Edge
$2,250,000$2,500,000≈$16,132 /mo all-in ↓

1 PARADISE LANE, TREASURE ISLAND, FL, 33706

Active363 days on marketListed Oct 23, 2025MLS #TB8439266

✦ Reduced $250KWaterfrontPARADISE ISLAND

About this home

1 PARADISE LANE

Paradise Lane – the address speaks for itself! This oversized corner lot has more than 230’ of water frontage. Build the ultimate dream home on this exceptional piece of Treasure Island property. Nearly half an acre of land, with north and west orientation, allows you to capture those world-famous sunsets from every room in your brand-new custom home. This parcel has been cleared and graded, ready for construction with utilities already in place. Located in the City of Treasure Island, this homesite has easy Gulf Access by boat via John’s Pass. A short trek by car, bicycle or golf cart over the Treasure Island Causeway, delivers you to the Sandy Shore of the Gulf. Enjoy the beach and a wide variety of shops, restaurants and bars right out your front door! Looking for a little more action? Take a turn to the east for a delightful day or night in Downtown St. Petersburg, with countless culinary and cultural opportunities. Treasure Island is within a 30-minute drive of two international airports. If you are looking for a site to build an estate home or family compound, the adjacent homesite at 2 Paradise Lane is also available. Surveys and Builder Referrals are available upon request.

Facts & features

The home at a glance

0.44 ac

Lot size

Waterfront

Inside

Outside & construction

Community & fees

Taxes (2024)$11,632/yr

Utilities & systems

UtilitiesCable Available · Electricity Available · Public · Sewer Available · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$16,132 /mo · 10% down Conventional, 30-yr fixed at 7.5%

Principal & interest$14,159
PMI (est., until 20% equity)$844
Property tax — 2024 actual bill$969
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $225,000Loan30-yr fixed at 7.5%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $225,000
Interest rate7.50%
Loan term

Estimated payment

$16,132/mo

Principal & interest$14,159
PMI (est., until 20% equity)$844
Property taxes (actual bill)$969
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Can I afford this home? → See what you can comfortably afford from your income, debts and savings.

Where it sits

Inside Paradise Island

Drive times from this address

Downtown Tampa≈ 38 min
Tampa Int’l Airport (TPA)≈ 38 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Treasure Island. See the full Treasure Island guide →

Paradise Island — neighborhood snapshot

Population

824

Median age

63

Median income

$78,500

Median home value

$463,000

Avg household

2

Households w/ children

11%

For the school run

Pinellas County School District

ElementaryAzalea Elementary School★★★★★
MiddleAzalea Middle School★★★★★
HighBoca Ciega High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Treasure Island market

Seller’s marketLeans buyer — 9.3 months of inventoryBuyer’s market

$685K → $625K

Treasure Island median sold, yr/yr

93.8%

Sale-to-list ratio (12 mo)

Median sold price, Treasure Island, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 389% above the TREASURE ISLAND 33706 median. See the full Treasure Island market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,250,000 ▼ $250K
Oct 23, 2025Listed at $2,500,000 · 363 days on market since

Reality check

What actually sold near 1 PARADISE LANE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

315 AVENIDA DE PARADISIOSold · Mar ’26

$865,000

315 AVENIDA DE PARADISIO · same community

3 bd · 2 ba · 1,464 sqft · $591/sqft · 105 DOM

18770 SE 19TH PLACESold · Jun ’26

$200,000

18770 SE 19TH PLACE · same community

2 bd · 2 ba · 1,508 sqft · $133/sqft · 16 DOM

307 AVENIDA DE PARADISIOSold · Dec ’25

$1,266,700

307 AVENIDA DE PARADISIO · same community

3 bd · 2 ba · 1,511 sqft · $838/sqft · 28 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Anealya Hammad

Your agent

Anealya Hammad

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 1 PARADISE LANE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1 PARADISE LANE — before you fall in love.

See it in person

Schedule a tour

Live availability from Anealya's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

1 PARADISE LANE FAQs

What would the monthly payment be for 1 PARADISE LANE?+

With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $16,132/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 1 PARADISE LANE?+

The most recent tax bill on record (2024) was $11,632. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Treasure Island?+

At $2,250,000, this home is listed about 236% above the Treasure Island median of $669,700. The market section on this page shows how the area is trending.

Which schools are assigned to 1 PARADISE LANE?+

Azalea Elementary School (elementary), Azalea Middle School (middle), Boca Ciega High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$2,250,000 runs 389% above the TREASURE ISLAND 33706 median.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

363 days on market against a Treasure Island median of 121 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Azalea Elementary School, Azalea Middle School, Boca Ciega High School — Azalea Elementary School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $2,500,000, now $2,250,000 — a $250K cut. The full history is in the market section below.

Listing courtesy of SMITH & ASSOCIATES REAL ESTATE · Wendy Fields. MLS #TB8439266.

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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1 PARADISE LANE, TREASURE ISLAND, FL — $2,250,000 | CENTURY 21 Edge