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$834,900

265 115TH AVENUE, TREASURE ISLAND, FL 33706

3D Tour
Active497 days on market

Beds

4

Baths

2

Sq Ft

2,992 sq ft

Year Built

1959

Lot Size

0.15 acres

Garage

,

About This Property

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.

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #TB8386220
StatusActive
Year Built1959
ConstructionBlock
RoofBuilt-Up
FoundationSlab
SubdivisionISLE OF PALMS
CountyPinellas
OwnershipFee Simple

Interior Features

InteriorOther
FlooringTile
AppliancesDishwasher, Dryer, Microwave, Refrigerator, Washer
LaundryLaundry Room
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorAwning(s)
Lot Size0.15 acres (6,338 sq ft)
Road SurfaceAsphalt
ViewWater
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$834,900
Original Price$699,000
Annual Taxes$3,877 (2024)
FinancingCash, Other
Parcel #233115434700010040

Schools

ElementaryAzalea Elementary-PN
MiddleAzalea Middle-PN
HighBoca Ciega High-PN

Directions

From 66th St N, head toward FL-693 S/St. Pete Beach, passing Interstate Batteries Distributor after about 1.9 miles. Turn right onto Bryan Dairy Rd, which continues as Co Rd 296/102nd Ave. Turn left onto US-19 ALT S/Seminole Blvd and follow it until you take the left exit for 150th Ave/Tom Stuart Causeway. Turn right onto Gulf Blvd, then right again onto 155th Ave, where your destination will be located at 265 155th Ave in Redington Beach.

Location

265 115TH AVENUE, TREASURE ISLAND, FL 33706

Listing Information

OfficeLPT REALTY, LLC.
ListedMay 14, 2025

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Home Price

$834,900

20% ($166,980)
6.75%

Loan Term

Principal & Interest$4,332
Property Tax (est.)$765
Insurance (est.)$150
Total Monthly$5,247
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 19, 2026.

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