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265 115th Ave, TREASURE ISLAND, FL - photo 1
Active

$834,900

4 beds2 baths2,992 sqft|TB8386220 MLS#

265 115th Ave, TREASURE ISLAND, FL 33706

Est.$5,009/moGet pre-qualified

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

Source:Stellar MLS (MFRMLS)|MLS #TB8386220

Get price drop alert on this property the moment it happen

Preferred Brokerage Partner

Kinsfolk Realty

Kinsfolk Signature Realty

What's special

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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Facts & features

Bedrooms & bathrooms

  • Bedrooms:4
  • Bathrooms:2
  • Full bathrooms:0

Heating

  • Has Heating:Yes

Interior area

  • Total structure area:2,992 sqft
  • Total interior livable area:2,992 sqft

Parking

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

Lot

  • Size:6,338 sqft

Details

  • Parcel number:N/A

Type & style

  • Home type:Duplex
  • Property subtype:Multifamily

Materials

  • • N/A

Condition

  • Year built:1959

Contact agent

Price history

DateEventPrice
2025-05-14T00:00:00.000ZListed for sale$834,900$279/sqft

Data Powered by Home Junction, Inc.

Nearby

Schools

AZALEA MIDDLE SCHOOL

High · 2.0 mi

GULF BEACHES ELEMENTARY MAGNET SCHOOL

Elementary · 2.0 mi

AZALEA ELEMENTARY SCHOOL

Elementary · 2.1 mi

Supermarkets

Westwind Treasure Island

0.6 mi

Treasure Island Friday Morning Open Air Market

0.7 mi

Publix

0.7 mi

Dining

Aqualuna

0.1 mi

Pelican Bend Marina

0.3 mi

Sea Watch Rooftop Restaurant

0.3 mi

Parks

Ron McKenney Park

1.6 mi

Pasadena Triangle Park

1.8 mi

Sunset Park

1.9 mi

Beaches

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.