Treasure Island Homes & Condos for Sale

Treasure Island runs about 3 miles from John's Pass in the north to Blind Pass in the south, with Madeira Beach on one side and St. Pete Beach on the other. The Treasure Island Causeway puts downtown St. Pete about 20 minutes away, and its drawbridge opens on a fixed daytime schedule for boats on the Intracoastal.

The beach runs the length of the island, and Gulf Boulevard behind it mixes condo buildings, small motels and restaurants that reopened after the 2024 storms. Caddy's reopened in April 2026, and the Bilmar, home to Sloppy Joe's, finished its reopening in September 2025. Across John's Pass, John's Pass Village has the boardwalk shops, charters and seafood.

On the bay side, the isles are mostly canal homes with docks, a short drive from the sand. Boaters reach the Gulf through John's Pass, which has a drawbridge, or through Blind Pass in a small boat.

Sunset Beach is the southern end of Treasure Island, a narrow strip between the Gulf and Boca Ciega Bay that ends at Blind Pass, looking across at Upham Beach on St. Pete Beach. It is the island's residential end: West Gulf Boulevard and the short numbered avenues are lined with single-family homes, and Bayshore Drive faces the bay with small condo buildings. The beach faces west, and the Sunset Beach Pavilion reopened in June 2026 after almost two years of storm repairs.

It is also where FEMA's flood maps are strictest. Beachfront lots here showed base flood elevations up to 14 feet in our checks, so elevation certificates matter even more than elsewhere on the island. In October 2026, Sunset Beach condos were listed from about $250,000 to $1.25 million and homes from about $350,000 to $3 million. Gulf-front homes farther north on Gulf Boulevard reach $7.7 million.

• Median sale price: $750,000, up 63% from a year earlier (Redfin, May 2026)
• Median days on market: 80 (Redfin, May 2026)
• Inventory: 201 homes for sale, about 11.8 months of supply (Redfin, May 2026)

Only 17 homes sold that month, so the median moves a lot from month to month. Almost 12 months of supply is a buyer's market by any standard measure.

Condos here range from older low-rises on the isles to new Gulf-front buildings. Ask whether the building was damaged in 2024, how repairs were paid for and whether an assessment is still outstanding.

Condo buildings three or more stories tall need a milestone inspection by the end of the year they turn 30, then every 10 years (s. 553.899, F.S.), and a Structural Integrity Reserve Study every 10 years (s. 718.112(2)(g)). Owners can no longer waive those reserves, so underfunded buildings catch up through higher dues or assessments. Before you sign, get the SIRS and its funding plan, the milestone report, the budget and reserve balance, a year of board minutes, the master insurance deductibles and the leasing rules. On a resale you then have 7 business days to cancel (s. 718.503(2)). More in our 10 questions for Florida condo buyers.