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265 115TH AVENUE

Treasure Island, FL 33706

STELLAR #TB8386220 Updated: May 11, 2026, 11:53am
$785,000
4 Beds • 2 Baths • 2,992 SqFt
Property
ActiveResidential
1/1
$785,000

265 115TH AVENUE

Treasure Island, FL 33706
4
Beds
2
Baths
2,992
SqFt
0.15
Acres
STELLAR
#TB8386220
Updated: May 11, 2026, 11:53am

Property Description

Select updates planned; pricing subject to change once improvements begin.

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.
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Included Appliances
DishwasherDryerMicrowaveRefrigeratorWasher

Property Details

Highlights
View
Yes
Interior
Appliances
DishwasherDryerMicrowaveRefrigeratorWasher
Building Area Total
3948
Cooling
Central Air
Flooring
Tile
Furnished
Unfurnished
Heating
Central
Interior Features
Other
Laundry Features
Laundry Room
Living Area
2992
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
2
Property Condition
Fixer
Roof
Built-Up
Year Built
1959
Site & Exterior
Carport Spaces
2
Covered Spaces
2
Exterior Features
Awning(s)
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.15
Lot Size Area
6338
Lot Size Square Feet
6338
Lot Size Units
Square Feet
Number Of Lots
Yes
Parking Features
Boat
Public Survey Range
15
Public Survey Section
23
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Public
View
Water
Water Source
Public
Water View
Yes
Financials
Additional Parcels
Yes
Calculated List Price By Calculated Sq Ft
262.37
Contract Status Change Date
2025-05-14
Current Price
785000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Owner Name
OF RECORDS
Ownership
Fee Simple
Parcel Number
233115434700010040
Public Survey Township
31
Tax Annual Amount
3877
Tax Block
A
Tax Book Number
7-52
Tax Legal Description
ISLE OF PALMS BLK A, LOT 4
Tax Lot
4
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Please verify with city for Airbnbsellers have had no issues in the past
M L S Area Major
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Number Of Pets
10+
Pet Size
Extra Large (101+ Lbs.)
Pets Allowed
Cats OKDogs OKYes
Subdivision Name
ISLE OF PALMS
Schools
Ratings
Elementary
Azalea Elementary-PN
Middle
Azalea Middle-PN
High
Boca Ciega High-PN
Listing provided courtesy of STELLAR via IDX. Updated: May 11, 2026, 11:53am.
Kristina Gabrielsen

Listing Agent

LPT REALTY, LLC.

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