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Sergio Guerrero
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Treasure Island

Why you'd want to live in Treasure Island

The area of Treasure Island was originally settled in small communities by the Tocobaga around 300 CE. The Timucua traded with other Native American tribes in the area until the arrival of Pánfilo de Narváez in 1528. De Narváez decimated the indigenous people before leaving the area in search of gold. Treasure Island got its name early in the 20th century, after several property owners attempted to boost sales of the properties being developed on the island by first burying and then pretending to discover a couple of wooden chests on the beach around 1915. After claiming the chests were filled with treasure, the news of the discovery quickly spread and people began calling the island Treasure Island.[6] With an elevation of only three feet, the Great Gale of 1848 carved out John's Pass on the island's north end and split off two smaller islands, called the Isle of Palms and Isle of Capri. Treasure Island saw a surge in residential and hotel construction following World War II through the 1950s. The real estate used in these ventures often consisted of fill from dredged material; that is, artificial extensions of the land were created, which were usually designed for convenient access to navigable waterways. Legendary baseball slugger Babe Ruth had a winter beachfront home on Treasure Island after his retirement. Treasure Island today has a thriving bar and restaurant scene in its downtown.

Treasure Island Market Report

$622,930

AVERAGE PRICE OF 231 HOMES

$418,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,577,721

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$656,768

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$750,961

AVERAGE PRICE OF 63 HOMES WITH A POOL

$649,494

AVERAGE PRICE OF 91 REDUCED PRICE HOMES

Average Home

Average Price $622,930
Avg Bedrooms 2.13 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $233,908
2 bedrooms $450,690
3 bedrooms $716,603
4 bedrooms $1,340,428
5 bedrooms $895,970
Treasure Island Home Price Trends
  4/2018 3/2018 2/2018 1/2018 12/2017
Total Listings n/a 217 201 181 175
Average Price n/a $604,471 $633,421 $653,043 $679,117
Avg Price Change n/a -4.79% -3.10% -3.99% +1.77%
Median Price n/a $465,039 $524,967 $555,248 $578,903
Med Price Change n/a -12.89% -5.77% -4.26% -0.42%
Avg Bedrooms n/a 2 beds 2 beds 2 beds 2 beds
Avg Bathrooms n/a 2.06 baths 2.07 baths 2.07 baths 2.06 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Boca Ciega High-Pn 33 $485,604 85 days
Lakewood High-Pn 1 $569,000 271 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 231 $622,930 139 days
Distressed Homes 3 $418,000 136 days
Multi-Million Dollar Homes 29 $1,577,721 253 days
Newly Built Homes 33 $656,768 319 days
Homes with a Pool 63 $750,961 90 days
Reduced Price Homes 91 $649,494 155 days
RE/MAX Metro
150 2nd Ave Suite 100 Saint Petersburg, FL 33701
727-896-1800

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