265 115TH AVENUE, Treasure Island, FL 33706

• 4 beds |
• 2 baths |
• 2,992 sqft

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.

Listing Status:

Active

Date Added:

May 14, 2025

Data Last Updated:

July 26, 2026 at 10:24PM

Listing Office:

LPT REALTY, LLC. : 877-366-2213

Listing Agent:

Kristina Gabrielsen : 713-444-8536

MLS ID:

TB8386220

Interior

• General: Other
• Appliances: DishwasherDryerMicrowaveRefrigeratorWasher
• Laundry: Laundry Room
• Flooring: Tile
• A/C: Central Air
• Heating: Central

Exterior

• General: Awning(s)
• Parking: Boat

Construction

• Roofing: Built-Up
• General: BlockOneSlab

Location

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

Lot

• Zoning: ISLE OF PALMS BLK ALOT 423-31-15-43470-001-0040
• View: Water

Utilities

• Utilities: Public
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple