Gavin Hatcher
$549,900$599,9002 bd2.5 ba1,750 sqft$314 /sqft$5,358 /mo all-in ↓

505 SANDY HOOK ROAD UNIT 505, TREASURE ISLAND, FL, 33706

Active418 days on marketListed Jun 13, 2025MLS #TB8396189

Reduced $50KCondominiumVILLAGE OF PARADISE ISLAND

About this home

505 SANDY HOOK ROAD UNIT 505

CHECK OUT THIS INCREDIBLE 3 STORY TOWNHOME IN THE BEST PHASE IN THE COMMUNITY! SELLER HAS RELOCATED AND IS READY TO SELL NOW. Discover the epitome of coastal living with this exceptional 2-bedroom, 2.5-bathroom townhome nestled in the hidden gem community of The Village of Paradise Island – Phase III. Built for durability and peace of mind, this phase stands out with superior cinder block common wall construction extending from the first-floor slab to the third-floor roof—an upgrade from traditional wood-frame construction. Enhancing its structural integrity, the home underwent a full roof replacement in 2019 featuring new required plywood decking, 50 mil self-adhering underlayment, 40-year fiberglass shingles, and updated flashing with a 30-year warranty. Comfort is ensured year-round with a new second-floor AC unit installed in December 2021 and a third-floor AC and heating unit replaced in February 2023. The building exterior was freshly painted at the end of 2020 with a 10-year warranty, adding to the home’s well-maintained appeal. Spread across three well-designed levels, this residence welcomes you with a grand foyer, one-car garage, spacious air-conditioned bonus room, and a private first-floor patio. The second level features an open-concept living and dining area, a beautifully updated eat-in kitchen, a half bath, and a 17’ x 7’ balcony with a spiral staircase connecting to the lower patio. The kitchen is a chef’s dream, boasting raised ceilings, custom cabinetry, Corian countertops, ceramic tile backsplash, and tile flooring flowing into the dining area and half bath. The living room has gorgeous engineered hardwood flooring. Upstairs, the third level offers two spacious bedrooms and two updated bathrooms. The primary suite features a private balcony—perfect for enjoying the serene coastal ambiance. Additional upgrades include modern knockdown ceilings (no popcorn!), oak stairs and risers, water valve outlets on balconies for plant irrigation, a dedicated outlet for a mini fridge/freezer in the primary bedroom, and custom closet systems with stylish Key West-style bifold doors. The HOA covers a wide array of essentials: property/building/flood insurance, water/sewer, reclaimed irrigation, trash, recycling, cable, internet, roof, exterior paint, sprinkler system, lawn and landscaping maintenance. Residents enjoy two swimming pools, a large dock for fishing and fireworks viewing, and the opportunity to secure a boat slip (first come, first served). All this is just a short mile to the beach! Don’t miss this rare opportunity to live the coastal lifestyle in a premier Treasure Island community. Schedule your private tour today!

Facts & features

The home at a glance

2

Bedrooms

2.5

Bathrooms

1,750

Sqft

1 ac

Lot size

1

Garage

1985

Year built

Three Or More

Levels

$314

Per sqft

Fireplace

Inside

FlooringCeramic Tile · Hardwood
AppliancesDishwasher · Range · Range Hood · Refrigerator
InteriorCathedral Ceiling(s) · Ceiling Fan(s) · PrimaryBedroom Upstairs · Solid Surface Counters · Solid Wood Cabinets · Stone Counters · Walk-In Closet(s)
LaundryIn Garage
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock
FoundationBlock
FacesNorth
ParkingGround Level · Oversized
ExteriorBalcony · Lighting · Sliding Doors · Storage · Tennis Court(s)

Community & fees

HOA fee$1,099/mo
Taxes (2025)$7,427/yr
PetsCats OK, Dogs OK
CommunityBoat Slip · Canal Front · Dock · Water Access · Waterfront · Pool · Tennis Court(s)

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Cable Connected · Electricity Connected · Street Lights · Water Available · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$5,358 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$3,237
FHA mortgage insurance (est.)$243
Property tax — 2025 actual bill$619
Condo fee — from the listing$1,099
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $19,247Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $19,247
Interest rate6.00%
Loan term

Estimated payment

$5,358/mo

Principal & interest$3,237
FHA mortgage insurance (est.)$243
Property taxes (actual bill)$619
HOA / condo fee$1,099
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $550K
$528KedgeAI estimate $616,723 · range $653K$654K$680K

vs edgeAI estimate

−10.8%

$/sqft vs VILLAGE OF PARADISE ISLAND

$314 vs $376

Days on market

418 vs 96 typical

Where $314/sqft sits among the 6 homes for sale in VILLAGE OF PARADISE ISLAND

1
0 · this home
2
2
0
1
$228–273$273–319$319–364$364–409$409–455$455+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Treasure Island

Map of 505 SANDY HOOK ROAD UNIT 505

Drive times from this address

Downtown Tampa37 min
Tampa Int’l Airport (TPA)37 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Treasure Island. See the full Treasure Island guide →

TREASURE ISLAND 33706 — neighborhood snapshot

Population

15,347

Median age

62.2

Median income

$97,364

Median home value

$616,800

Avg household

1.79

Households w/ children

453

For the school run

Pinellas County School District

MiddleAzalea Middle School★★★★
ElementaryAzalea Elementary School★★★★
HighBoca Ciega High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Treasure Island market

Seller’s marketLeans buyer9.0 months of inventoryBuyer’s market

$685K$720K

Treasure Island median sold, yr/yr

93.8%

Sale-to-list ratio (12 mo)

3 of 6

VILLAGE OF PARADISE ISLAND have cut their price

Median sold price, Treasure Island, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 22% above the TREASURE ISLAND 33706 median. See the full Treasure Island market guide →

Paper trail

This home's history

CurrentPrice reduced to $549,900 $50K
Jun 13, 2025Listed at $599,900 · 418 days on market since
1985Built · VILLAGE OF PARADISE ISLAND

Reality check

What actually sold near 505 SANDY HOOK ROAD UNIT 505

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

340 84TH AVENUESold · Apr ’26

$315,000

340 84TH AVENUE

3 bd · 2 ba · 1,777 sqft · $177/sqft · 40 DOM

453 85TH AVENUESold · Mar ’26

$770,000

453 85TH AVENUE

3 bd · 2 ba · 1,916 sqft · $402/sqft · 112 DOM

436 87TH AVENUESold · Jul ’26

$542,000

436 87TH AVENUE

3 bd · 2 ba · 1,519 sqft · $357/sqft · 39 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Gavin Hatcher

Your agent

Gavin Hatcher

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 505 SANDY HOOK ROAD UNIT 505 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 505 SANDY HOOK ROAD UNIT 505 — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Gavin's phone and CRM.

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Straight answers

505 SANDY HOOK ROAD UNIT 505 FAQs

What would the monthly payment be for 505 SANDY HOOK ROAD UNIT 505?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $5,358/mo — principal and interest, the actual property-tax bill, the $1,099/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 505 SANDY HOOK ROAD UNIT 505?+

The association fee works out to $1,099 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 505 SANDY HOOK ROAD UNIT 505?+

The most recent tax bill on record (2025) was $7,427. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 505 SANDY HOOK ROAD UNIT 505?+

The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Treasure Island?+

At $549,900, this home is listed about 23% below the Treasure Island median of $710,000. The market section on this page shows how the area is trending.

Which schools are assigned to 505 SANDY HOOK ROAD UNIT 505?+

Azalea Middle School (middle), Azalea Elementary School (elementary), Boca Ciega High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$549,900 runs 22% above the TREASURE ISLAND 33706 median — but at 1,750 sqft it's also 22% larger than the typical Treasure Island listing.

02Know the monthly fee

The association fee is $1,099/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.

03Time on market is leverage

418 days on market against a Treasure Island median of 96 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Azalea Middle School, Azalea Elementary School, Boca Ciega High School — Azalea Elementary School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $599,900, now $549,900 — a $50K cut. The full history is in the market section below.

Listing courtesy of BROPHY REAL ESTATE · Tammy Brophy Wenzel. MLS #TB8396189.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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