The John Risica Team
Price History
$699,000
5/14/2025
$785,000
9/16/2025
265 115TH AVENUE, Treasure Island, FL, 33706
4 beds
1959
2,992 sqft
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.
Status:
Active
Type:
Multi-family
Furnished Remarks:
Unfurnished
Laundry Remarks:
Laundry Room
Units:
2
Subdivision:
ISLE OF PALMS
Garage:
Boat
Heating:
Central
Cooling:
Central Air
Acreage:
0.15
Est. Taxes:
$3,877
Construction
Block
Utilities
Public
View Description:
Water
Elementary School:
Azalea Elementary-PN
Middle School:
Azalea Middle-PN
High School:
Boca Ciega High-PN
Days on Market:
198
Pet Policy:
Cats OK, Dogs OK, Yes
Appliances:
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Min Lease Term:
No Minimum
MLS #:
TB8386220
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of LPT REALTY, LLC. 877-366-2213