132 120TH AVENUE TREASURE ISLAND FL 33706 MLS #TB8325113

Build your dream home or income producing property! This perfectly located property in coastal Treasure Island is zoned RM-15 with current use as Duplex, Triplex, or Quadplex. While the existing structures must be demolished due to recent hurricanes, utilities are already established for easier development. Conveniently located less than 2 blocks from the sugar sands of Treasure Island beach, this lot is a perfect location for a vacation getaway and/or a full-time rental. Beach access right at the end of the street! Property is 1.2 miles from John’s Pass, which is a social hub of shops, eateries, and attractions. Don’t miss the chance to own and develop in this Gulfcoast staple community. Grandfathered to allow for new building under non-conforming use. Per the Treasure Island Code. Please see attachment for more information:
“But as this was damaged by storm, the non-conforming use section of the code would apply, and the triplex could be rebuilt, following the regulations in Sec. 68-512 below, allowing the building to retain the same number of units and the same square footage (or more if allowed by current code) when being rebuilt. As a triplex, this would fall under the multi-family section of the code.”