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265 115TH AVENUE

Multi-family For Sale
$785,000

BTC: 26.16666667

ETH: 392.50000000

+$86K (2025/09/16)
205 days
4 bds
2,992 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Florida • TREASURE ISLAND • 33706 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
Boat
Year Built:
1959
Lot:
0.15 Acres
Heating:
Central
Price/sqft:
$262
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Parking

    • Boat

    Property

    • Levels: One

    • Exterior Features: Awning(s)

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 233115434700010040

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $3,877

  • Source details

    • MLS ID: TB8386220

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Living Area: 2992

    • Water Source: Public

    • Subdivision Name: ISLE OF PALMS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY, LLC.