New Listing - 05/15/2026
116 85TH AVENUE, Treasure Island, FL, 33706
3 rooms
3 beds
2 Full baths
1940
1,056 sqft
The structure may be lost — but the opportunity is extraordinary. Rare redevelopment opportunity in the highly sought-after Sunset Beach section of Treasure Island just a 1-minute walk to beach access and only 2 lots from West Gulf Blvd. This 1940 structure sustained severe storm impact from Hurricanes Helene & Milton and has been deemed substantially damaged. The home is uninhabitable and will require demolition. This is strictly a land-value opportunity for builders, developers, and investors seeking one of the Gulf Coast’s most supply-constrained beach communities. Positioned on a 50x60 RM-15 zoned lot in a quiet pocket of Sunset Beach surrounded by ongoing luxury redevelopment and multimillion-dollar coastal homes. Utilities are connected (currently off). FEMA substantial damage documentation available. No interior access permitted due to condition — exterior viewing only. Cash only. No Assignments. Sold AS-IS. Buyer to verify all zoning, rebuilding parameters, FEMA requirements, setbacks, future use, and redevelopment possibilities with the City of Treasure Island. Opportunities this close to the beach at this price point are becoming increasingly rare.
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Unfurnished
Laundry Remarks:
None
Subdivision:
HERRONS SUB 7
Heating:
Electric
Cooling:
None
Levels:
1
Lot Size:
60 x 50
Acreage:
0.07
Est. Taxes:
$2,199
Construction
Block, Wood Frame
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected
Elementary School:
Azalea Elementary-PN
Middle School:
Azalea Middle-PN
High School:
Boca Ciega High-PN
Days on Market:
1
Pet Policy:
Yes
Appliances:
None
Min Lease Term:
1-7 Days
MLS #:
TB8504922
Community Info
School Info
Walk Score
Yelp
Listing courtesy of KELLER WILLIAMS GULFSIDE RLTY 727-489-0800