Opportunity meets value on Paradise Island! Located on a quiet cul-de-sac in Treasure Island, this waterfront property stands out with significant recent upgrades already completed, providing a strong foundation for a buyer's vision. Major improvements include HVAC system updates in 2026 (including ductwork, coil, plenums, and UV system), permitted dock and pilings work in 2026, and sewer servicing and connection improvements in 2026, along with a roof replaced in 2013, A/C in 2019, and a water heater in 2024--offering added value and peace of mind. Boating enthusiasts will appreciate the deep water access ideal for sailboats and a 10,000 lb boat lift, making it easy to enjoy the ultimate Florida waterfront lifestyle. Previously configured as a 3-bedroom, 2-bath home, the property offers flexibility for customization to suit a variety of design preferences. Paradise Island is a highly desirable residential enclave known for its convenience and coastal charm, just minutes from the beautiful beaches of Treasure Island and a short drive to vibrant St. Petersburg with its renowned dining, entertainment, and cultural attractions, plus nearby Treasure Bay Golf & Tennis offering waterfront pickleball, tennis courts, playgrounds, and green space--making this a rare opportunity to create a customized waterfront retreat in an unbeatable location.