Property
ActiveLand
1/13
$1,295,000

11855 1ST STREET

Treasure Island, FL 33706
0
Beds
0
Baths
0
SqFt
0.22
Acres
STELLAR
#TB8402631
Updated: Apr 30, 2026, 11:53am

Property Description

MAJOR PRICE IMPROVEMENT!!! Very rare opportunity…... This property is an excellent investment possibility or the perfect location for your future dream home! This amazing waterfront property is located just over one block from the gorgeous wide sandy beaches on the Gulf and only 8 blocks to world famous John’s Pass! This lot boasts approximately 80 feet of protected water frontage on nearly 10,000 square feet of land. There is also a large dock with a 24,000lb boat lift and an additional wet slip.

For those interested in an unparalleled investment opportunity, this property is zoned RFM-30. This unrestricted zoning permits a multi-family structure of up to 4 units, with an approved variance. As an added bonus, this zoning also permits short term/tourist rental use with “no change of occupancy restrictions”. There’s more – RFM-30 also permits hotel/motel use, which would allow for a quant boutique property of up to 7 motel units, with an approved variance.

This huge lot could also be the perfect space to build your own waterfront dream home. This is a boater’s delight with protected deep water and a very short run out to the Gulf through world famous John’s Pass.

The options are endless on this rare property. This is currently the ONLY waterfront lot currently available on Treasure Island with the RFM-30 zoning and a short walk to the beach as well. While the previous single-family home has already been meticulously removed, there is a garage remaining, as well as driveway and patios. This allows you to park your boat at the large dock with lift and immediately begin enjoying your new waterfront oasis while you design your dream home or investment opportunity! This amazing property is definitely priced to sell and is awaiting your vision for the future development of this wonderful property.
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Property Details

Highlights
View
Yes
Waterfront
Yes
Construction
Building Area Units
Square Feet
Direction Faces
West
Living Area Units
Square Feet
Site & Exterior
Current Use
Mixed Use
Fencing
PartialVinyl
Flood Zone Code
AE
I D X Participation
Yes
Lot Features
BuildableCompact SoilCorner LotCurb and GuttersFlood PlainCity LotLandscapedLevelStreet Lights
Lot Size Acres
0.22
Lot Size Area
9984
Lot Size Dimensions
75 x 132
Lot Size Square Feet
9984
Lot Size Units
Square Feet
Other Structures
Other
Public Survey Range
15
Public Survey Section
23
Road Frontage Type
Street LightsStreet PavedCity Street
Road Responsibility
Public Maintained Road
Road Surface Type
PavedAsphalt
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Cable AvailableElectricity AvailablePhone AvailablePublicSewer AvailableStreet LightsWater Available
View
Water
Water Access
Yes
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Canal - Saltwater
Waterfront Feet Total
80
Zoning
RFM-30
Zoning Compatible
Yes
Financials
Calculated List Price By Calculated Sq Ft
129.71
Contract Status Change Date
2025-07-01
Current Price
1295000
Feed Types
BBO
Ownership
Fee Simple
Parcel Number
311523918720000010
Price Per Acre
5886364
Public Survey Township
31
Tax Annual Amount
17236
Tax Block
000
Tax Book Number
27-62
Tax Legal Description
Treasure Island, City of 2nd Add. Lot 1 & Rip. Rts.
Tax Lot
0010
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Pets Allowed
Yes
Subdivision Name
TREASURE ISLAND CITY OF
Listing provided courtesy of STELLAR via IDX. Updated: Apr 30, 2026, 11:53am.
Bob Meyers, Jr

Listing Agent

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