Property Description

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.

Included Appliances

None

Property Details

Interior

Bathrooms Total Decimal

2

Building Area Total

1362

Flooring

Other

Furnished

Unfurnished

Heating

Electric

Interior Features

Ninguno

Living Area

1056

Rooms Total

3

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

BlockWood Frame

Direction Faces

South

Foundation Details

Pillar/Post/Pier

Levels

One

Living Area Source

Public Records

Living Area Units

Square Feet

Num Timesper Year

5

Roof

Shingle

Stories Total

Yes

Year Built

1940

Site & Exterior

Exterior Features

Private MailboxPrivate Yard

Flood Zone Code

AE

I D X Participation

Yes

Lot Size Acres

0.07

Lot Size Area

3001

Lot Size Dimensions

60 x 50

Lot Size Square Feet

3001

Lot Size Units

Square Feet

Public Survey Range

15

Public Survey Section

25

Road Surface Type

Paved

Sewer

Public Sewer

Total Acreage

0 to less than 1/4

Utilities

BB/HS Internet AvailableCable AvailableElectricity ConnectedPublicSewer Connected

Water Source

Public

Financials

Calculated List Price By Calculated Sq Ft

330.49

Contract Status Change Date

2026-05-15

Current Price

349000

Feed Types

BBO

Lease Considered

Yes

Minimum Lease

1-7 Days

Owner Name

OWNER OF RECORD

Ownership

Fee Simple

Parcel Number

253115384300000110

Public Survey Township

31

Tax Annual Amount

2199.3

Tax Block

000

Tax Book Number

21-31

Tax Legal Description

HERRON'S SUB NO. 7 LOT 11

Tax Lot

11

Tax Year

2025

Neighborhood & Lifestyle

Community & Association

Additional Lease Restrictions

Property Zoned RM-15 (Multi-Family) District: Properties in this district can be rented for any duration, but only five (5) times within a 12-month period.

Lease Restrictions

Yes

M L S Area Major

33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl

Pets Allowed

Yes

Subdivision Name

HERRONS SUB 7

Schools

Ratings

Elementary

Azalea Elementary-PN

Middle

Azalea Middle-PN

High

Boca Ciega High-PN

Listing provided courtesy of STELLAR via IDX. Updated: May 16, 2026, 9:23am.

116 85TH AVENUE

116 85TH AVENUE

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Emil Veltre

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116 85TH AVENUE

116 85TH AVENUE

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Emil Veltre