265 115TH AVENUE
TREASURE ISLAND, FL, 33706
$785,000
4 Beds
2 Baths
2,992 SqFt
0.15 Acres
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$785,000
265 115TH AVENUE
TREASURE ISLAND, FL, 33706
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.

Property Details

Price:
$785,000
MLS #:
TB8386220
Status:
Active
Beds:
4
Baths:
2
Address:
265 115TH AVENUE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
ISLE OF PALMS
Neighborhood:
33706passagrillebchstpetebchtreasureisl
City:
TREASURE ISLAND
Listed Date:
May 14, 2025
State:
FL
Finished Sq Ft:
2,992
Total Sq Ft:
3,948
ZIP:
33706
Lot Size:
6,338 sqft / 0.15 acres (approx)
Year Built:
1959
Units:
2

Schools

Elementary School:
Azalea Elementary-PN
Middle School:
Azalea Middle-PN
High School:
Boca Ciega High-PN

Interior

Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Cooling
Central Air
Flooring
Tile
Heating
Central
Laundry Features
Laundry Room

Exterior

Construction Materials
Block
Exterior Features
Awning(s)
Parking Features
Boat
Roof
Built- Up

Financial

Tax Year
2024
Taxes
$3,877
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265 115TH AVENUE
TREASURE ISLAND, FL