265 115TH, TREASURE ISLAND, FL, 33706 — photo 1
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265 115TH, TREASURE ISLAND, FL, 33706

$785,000

4 Beds2,992 Sq FtBuilt 19590.15 Acres

About This Property

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.

Subdivision

ISLE OF PALMS

Status

Active

Listed By

LPT REALTY, LLC.

Days on Market

247

Mortgage Calculator

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Est. Monthly Payment

$4,776

30-yr fixed · 20% down · 6.875%

Principal & Interest$4,126
Property Tax (actual)$323
Est. Home Insurance~0.5% est.$327
Total / month$4,776
Loan amount$628,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

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MLS# ab1b7b4f160fb65d52ac0dbba66b743d

Location