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31 DOLPHIN DRIVE

House For Sale
$1,095,000

BTC: 13.35365854

ETH: 450.24671053

57 days
Waterfront
4 bds
3 ba
2,307 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Circular Driveway / Driveway
Year Built:
1954
Lot:
0.26 Acres
Heating:
None
Price/sqft:
$475
Cooling:
None
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,364,500
$972K – $1.7M
Confidence Low
List vs. estimate
$269K below estimate
List $1,095,000 · -19.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$474
-30.7% vs. city median $684
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,211
2025
Pool
In Ground
View
Pool, Water
Waterfront
Canal - Saltwater
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Parquet

    • Terrazzo

    Heating

    • None

    Cooling

    • None

    Appliances

    • None

    Other interior features

    • Cathedral Ceiling(s)

    • High Ceilings

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Parking

    • Circular Driveway

    • Driveway

    Property

    • Levels: Multi/Split

    • Pool Private: Yes

    • Exterior Features: Outdoor Shower / Sliding Doors

    Lot

    • Lot: 0.26 Acres

    Other Property Information

    • Parcel Number: 243115660240000310

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Available

  • Other financial information

    • Annual tax amount: $13,211

  • Source details

    • MLS ID: TB8539401

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Family Room / Wood Burning

    • Laundry Features: Other

    • Pool Features: In Ground

    • Direction Faces: Southeast

    • Architectural Style: Mid-Century Modern

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2307

    • Water Source: Public

    • Subdivision Name: PARADISE ISLAND 1ST ADD

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DALTON WADE INC