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$834,900
4 beds2 baths2,992 sqft|TB8386220 MLS#Duplex
Multifamily
Built in
1959
Lot size
6,338 sqft
Price/sqft
$279
HOA
None
Listed by: Kristina Gabrielsen, LPT REALTY, LLC. 877-366-2213
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Kinsfolk Signature Realty
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.
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| Date | Event | Price |
|---|---|---|
| 2025-05-14T00:00:00.000Z | Listed for sale | $834,900$279/sqft |
Get price drop alert on this property the moment it happen
Preferred Brokerage Partner

Kinsfolk Signature Realty
Data Powered by Home Junction, Inc.
AZALEA MIDDLE SCHOOL
High · 2.0 mi
GULF BEACHES ELEMENTARY MAGNET SCHOOL
Elementary · 2.0 mi
AZALEA ELEMENTARY SCHOOL
Elementary · 2.1 mi
Westwind Treasure Island
0.6 mi
Treasure Island Friday Morning Open Air Market
0.7 mi
Publix
0.7 mi
Aqualuna
0.1 mi
Pelican Bend Marina
0.3 mi
Sea Watch Rooftop Restaurant
0.3 mi
Ron McKenney Park
1.6 mi
Pasadena Triangle Park
1.8 mi
Sunset Park
1.9 mi
Hubbard's Beach
0.9 mi
Lido Beach
3.9 mi
Pass-a-Grille Beach
4.6 mi
Nearby amenity locations include data © OpenStreetMap contributors.