Sarasota's Premier Homes

265 115TH AVENUE

TREASURE ISLAND , FL 33706

MLS#: TB8386220

$785,000

Status: Active
Listing number: TB8386220
Listing provided by: LPT REALTY, LLC.
Listing agent phone: None
Last update: 17 days ago
On site: 7 months ago
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ISLE OF PALMS - Residential Income

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1959

Sq.Footage

2,992

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.

Features & Amenities

Interior

  • Other Interior Features

    Other

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    Cats OK, Dogs OK, Yes

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Awning(s)

  • Parking

    Boat

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Water

Area & Lot

  • Lot Size(acres)

    0.15

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $785,000

  • Tax Amount

    3877.0

  • Sq. Footage

    2, 992

  • Price/SqFt

    $262

HOA

  • Association

    No

School District

  • Elementary School

    Azalea Elementary-PN

  • Middle School

    Azalea Middle-PN

  • High School

    Boca Ciega High-PN

Property Features

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    4

  • Water Source

    Public

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Location

County

Pinellas

Elementary School

Azalea Elementary-PN

Middle School

Azalea Middle-PN

High School

Boca Ciega High-PN

Listing Courtesy of Kristina Gabrielsen , LPT REALTY, LLC.

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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.

265 115TH AVENUE

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#TB8432743

TREASURE ISLAND

11295 1ST STREET E

4 Beds

None Baths

2,204 Sq.Ft.

$875,000

MLS#: TB8432743

- property

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