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116 85th Ave, TREASURE ISLAND, FL - photo 1
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116 85th Ave, TREASURE ISLAND, FL - photo 2
116 85th Ave, TREASURE ISLAND, FL - photo 3
116 85th Ave, TREASURE ISLAND, FL - photo 4
116 85th Ave, TREASURE ISLAND, FL - photo 5
+2

$349,000

3 beds2 baths1,056 sqft|TB8504922 MLS#

116 85th Ave, TREASURE ISLAND, FL 33706

Est.$2,094/moGet pre-qualified

Single Family Residence

Residential

Built in

1940

Lot size

3,001 sqft

Price/sqft

$330

HOA

None

Listed by: Emil Veltre, KELLER WILLIAMS REALTY PORTFOLIO COLLECTION 727-489-0800

Source:Stellar MLS (MFRMLS)|MLS #TB8504922

Get price drop alert on this property the moment it happen

Preferred Brokerage Partner

Kinsfolk Realty

Kinsfolk Signature Realty

What's special

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.

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Facts & features

Bedrooms & bathrooms

  • Bedrooms:3
  • Bathrooms:2
  • Full bathrooms:0

Heating

  • Has Heating:Yes

Interior area

  • Total structure area:1,056 sqft
  • Total interior livable area:1,056 sqft

Parking

  • Parking features:N/A
  • Garage spaces:0
  • Has attached garage:No

Lot

  • Size:3,001 sqft

Details

  • Parcel number:N/A

Type & style

  • Home type:Single Family Residence
  • Property subtype:Residential

Materials

  • • N/A

Condition

  • Year built:1940

Contact agent

Price history

DateEventPrice
2026-05-15T00:00:00.000ZListed for sale$349,000$330/sqft

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