$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.
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
Mortgage Calculator
Map
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265 115TH AVENUE
TREASURE ISLAND, FL
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