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$349,000
TREASURE ISLAND, FL 33706
Estimated payment $2,340/month
no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr
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.
Tour with a local agent
| Date | Event | Price |
|---|---|---|
| 2026-05-15T00:00:00.000Z | Listed for sale | $349,000$330/sqft |
Emil Veltre
KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
Brokerage Phone: 727-489-0800
Source: Stellar MLS · MLS #TB8504922
Data Powered by Home Junction, Inc.
GULF BEACHES ELEMENTARY MAGNET SCHOOL
Elementary · 0.4 mi
PASADENA FUNDAMENTAL ELEMENTARY SCHOOL
Elementary · 2.0 mi
ST PETERSBURG COLLEGE - ST PETE/GIBBS CAMPUS
2.6 mi
Fresh Off The Boat Seafood
0.2 mi
Winn-Dixie Supermarket
0.8 mi
Corey Avenue Shopping District
0.9 mi
Caddy's Treasure Island
0.2 mi
Southern Gems Cafe
0.4 mi
Dk Buoy's Restaurant
0.4 mi
Ron McKenney Park
0.4 mi
Fisherman's Park
0.9 mi
Sunset Park
1.0 mi
Lido Beach
2.1 mi
Hubbard's Beach
2.6 mi
Pass-a-Grille Beach
2.8 mi
Nearby amenity locations include data © OpenStreetMap contributors.