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.
| MLS # | TB8386220 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1959 |
| Days On Site | 493 |
| Listing Provided By | LPT REALTY, LLC. | Kristina Gabrielsen |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 2,992 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.15 |
| Property View | Water |
| Property | 3877 |
|---|
| State | FL |
|---|---|
| County | Pinellas |
| City | TREASURE ISLAND |
| Zip Code | 33706 |
| Area | 33706 Pass a Grille Bch | St Pete Bch | Treasure Isl |
| Community Name | ISLE OF PALMS |
| School District | Boca Ciega High-PN |
| Elementary School | Azalea Elementary-PN |
| High School | Boca Ciega High-PN |
| State | FL |
|---|---|
| County | Pinellas |
| City | TREASURE ISLAND |
| Zip Code | 33706 |
| Area | 33706 Pass a Grille Bch | St Pete Bch | Treasure Isl |
| Community Name | ISLE OF PALMS |
| School District | Boca Ciega High-PN |
| Elementary School | Azalea Elementary-PN |
| High School | Boca Ciega High-PN |