Description of 265 115th Ave, Treasure Island, FL 33706
Listing details for 265 115th Ave, Treasure Island, FL 33706 : 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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Listing Updated : 02-03-2026 at 4:24 PM EST
Listing Provided By : Kristina Gabrielsen, 877-366-2213, LPT REALTY, LLC.
Source :
Stellar MLS as distributed by MLS GRID, MLS#: MFRTB8386220
Property Details
Overview
Status
Active
MLS #ID
MFRTB8386220
Price
$785,000
Bedrooms
4
Bathrooms
2
Square Footage
2,992
Acres
0.15
Year
1959
Days on Site
117
Property Type
Residential Income
Property Sub Type
Duplex
Price per Sq Ft
$262
Date Listed
May 9, 2025
Community Information for 265 115th Ave, Treasure Island, FL 33706
Based on information submitted to the MLS GRID as of 2026-04-19 at 4:03 a.m. EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information