31 DOLPHIN DRIVE, MLS# – TB8539401

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.

Additional Details

• Elementary School: Azalea Elementary-PN
• Middle Or Junior School: Azalea Middle-PN
• High School: Boca Ciega High-PN
• Architectural Style: Mid-Century Modern
• Baths Full: 3
• Baths Half: 0
• Modification Timestamp: August 19, 2026 at 06:07am
• Building Area: 3345
• Cooling: None
• Days on the Market: 1
• Direction Faces: Southeast
• Directions: Head West on Central Avenue towards Treasure Island . Make a left turn at Paradise Blvd. and then a right on Dolphin Drive to property on the right.
• Fireplace Features: Family Room, Wood Burning
• Flooring: Parquet, Terrazzo
• Foundation Details: Slab
• Furnished: Unfurnished
• Heating: None
• Laundry Features: Other
• Levels: Multi/Split
• List Agent Email: [email protected]
• List Agent: Barry Rothstein
• List Agent Phone: 727-365-4725
• List Office: DALTON WADE INC
• List Office Phone: 888-668-8283
• Listing Terms: Cash, Conventional, Owner May Carry
• MLS Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
• MLS Status: Active
• Modification Time Stamp: August 19, 2026 at 02:29am
• Roof: Built-Up, Other
• Source System: 802948554
• Spa Features: In Ground
• Status Change Time: August 18, 2026 at 07:45pm
• View: Pool, Water
• WaterSource: Public