116 85th Avenue, Treasure Island, FL 33706

Treasure Island
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
116 85th Avenue,Treasure Island, FL 33706
$349,000
  • 3 Beds
  • 2 Baths
  • 1,056 sq. ft.
  • Single family
  • Active
Listed by: emil veltre
Office: keller williams realty portfolio collection
MLS#:TB8504922
Source:MFRMLS

Price summary

  • Price:$349,000
  • Price per sq. ft.:$256.24

About this home

The structure may be lost — but the opportunity is extraordinary. Rare redevelopment opportunity in the highly sought-after Sunset Beach section of Treasure Island just a 1-minute walk to beach access and only 2 lots from West Gulf Blvd. This 1940 structure sustained severe storm impact from Hurricanes Helene & Milton and has been deemed substantially damaged. The home is uninhabitable and will require demolition. This is strictly a land-value opportunity for builders, developers, and investors seeking one of the Gulf Coast’s most supply-constrained beach communities. Positioned on a 50x60 RM-15 zoned lot in a quiet pocket of Sunset Beach surrounded by ongoing luxury redevelopment and multimillion-dollar coastal homes. Utilities are connected (currently off). FEMA substantial damage documentation available. No interior access permitted due to condition — exterior viewing only. Cash only. No Assignments. Sold AS-IS. Buyer to verify all zoning, rebuilding parameters, FEMA requirements,...

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Home facts

  • Year built:1940
  • Listing ID #:TB8504922
  • Added:1 day(s) ago
  • Updated:May 15, 2026 at 03:08 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Pillar/Post/Pier
  • Living area:1,056 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1940
  • Building area:1,056 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Block, Frame
  • Exterior Features:Private Mailbox
  • Foundation Description:Pillar/post/pier
  • Levels:1 Story

Schools

  • High school:Boca Ciega High-PN
  • Middle school:Azalea Middle-PN
  • Elementary school:Azalea Elementary-PN

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$349,000
  • Price per sq. ft.:$256.24
  • Tax amount:$2,199 (2025)

Features and amenities

  • Amenities:BB/HS Internet Available, Cable Available
  • Pool features:Public Pool
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