116 85TH AVENUE, Treasure Island, FL 33706

• 3 beds |
• 2 baths |
• 1,056 sqft

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.

Listing Status:

Active

Date Added:

May 15, 2026

Data Last Updated:

May 26, 2026 at 7:23AM

Listing Office:

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION : 727-489-0800

Listing Agent:

Emil Veltre : 727-667-5592

MLS ID:

TB8504922

Interior

• General: Ninguno
• Appliances: None
• Laundry: None
• Flooring: Other
• A/C: None
• Heating: Electric

Exterior

• General: Private MailboxPrivate Yard

Construction

• Roofing: Shingle
• General: BlockFrameOnePillar/Post/Pier

Location

• Road/Access: Paved
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: HERRON'S SUB NO. 7 LOT 1125-31-15-38430-000-0110

Utilities

• Utilities: BB/HS Internet AvailableCable AvailableElectricity ConnectedPublicSewer Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple