265 115th Avenue, Treasure Island, FL 33706
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: kristina gabrielsen, larry fischer
Office: lpt realty, llc.
MLS#:TB8386220
Source:MFRMLS
Price summary
- Price:$785,000
- Price per sq. ft.:$198.83
About this home
Select updates planned; pricing subject to change once improvements begin.
Steps from the Gulf – Rare Treasure Island Redevelopment Opportunity
Located just steps from the shimmering waters of the Gulf, 265 115th Avenue is a rare and exciting opportunity in the heart of Treasure Island. This property is not just about what currently stands—it’s about what can be.
Set in a highly desirable multifamily zoning district, this parcel offers endless potential for redevelopment in one of Florida’s most sought-after beach communities. Whether you’re envisioning a luxury duplex, charming coastal cottages, or a sleek new vacation rental, the zoning opens the door to a variety of residential uses that deliver strong returns and the ultimate beach lifestyle.
The solid block duplex with a two-story block extension (built in 2018) provides a strong foundation and immediate utility, while the property itself has already been fully remediated and continuously occupied by the owner. It’s now a blank canvas ready for future beach lovers to bring their vision to life.
With generous lot dimensions, multifamily potential, and a location that puts you just steps from sandy shores, the possibilities are unmatched. Surround yourself with vibrant coastal charm while enjoying the convenience of nearby restaurants, shopping, and entertainment—all within a laid-back, walkable community.
This is the kind of opportunity investors, builders, and future homeowners dream about: where land, location, and zoning align perfectly. Whether for personal use, income generation, or both, the stage is set for something extraordinary.
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Home facts
- Year built:1959
- Listing ID #:TB8386220
- Added:299 day(s) ago
- Updated:March 10, 2026 at 12:23 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Flooring:Tile
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Living area:2,992 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Built-Up
- Year built:1959
- Building area:2,992 sq. ft.
- Lot area:0.15 Acres
- Construction Materials:Block
- Exterior Features:Awning(s)
- Foundation Description:Slab
- 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
Finances and disclosures
- Price:$785,000
- Price per sq. ft.:$198.83
- Tax amount:$3,877 (2024)
Features and amenities
- Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Laundry Room, Washer
- Pool features:Public Pool
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