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116 85TH AVENUE, TREASURE ISLAND, FL - photo 1

$349,000

116 85TH AVENUE

TREASURE ISLAND, FL 33706

Estimated payment $2,340/month

no HOA · estimated tax · estimated insurance · 20% down, 6.5%, 30 yr

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3Beds
2Baths
1,056Sq Ft
$330Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

Powered by Hometrino

(813) 602-0498

Highlights

No HOA
Built in 1940
3,001 sqft Lot

About This Home

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:2
  • •Half 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

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Price history

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

Listing Agent

Emil Veltre

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION

Brokerage Phone: 727-489-0800

Source: Stellar MLS · MLS #TB8504922

Data Powered by Home Junction, Inc.

Nearby

Schools

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

Supermarkets

Fresh Off The Boat Seafood

0.2 mi

Winn-Dixie Supermarket

0.8 mi

Corey Avenue Shopping District

0.9 mi

Dining

Caddy's Treasure Island

0.2 mi

Southern Gems Cafe

0.4 mi

Dk Buoy's Restaurant

0.4 mi

Parks

Ron McKenney Park

0.4 mi

Fisherman's Park

0.9 mi

Sunset Park

1.0 mi

Beaches

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.