265 115TH AVENUE Treasure Island, FL $ 785,000
265 115TH AVENUE
$ 785,000
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265 115TH AVENUE

Treasure Island, FL, 33706
$ 785,000
Bedrooms4 Baths2.0 Sq 2,992

Monthly Estimate*

$ 4,833

265 115TH AVENUE, Treasure Island, FL 33706 - Image 1
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Multi-Family Home for sale in Treasure Island, FL

for $785,000 with 4 bedrooms and 2 full baths. This 2,992 square foot home was built in 1959 on a lot size of 0.15.

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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Multi-Family Active

Price

$ 785,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,877

Style

Duplex

Lot Size

0.15

Year Built

1959

Town/City

Treasure Island

County/Region

Pinellas

MLS | Web ID

TB8386220

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Public
Possession Close Of Escrow
Roof Built-Up
Appliances Dishwasher Dryer Microwave Refrigerator Washer
Construction Materials Block
Pets Allowed Cats OK Dogs OK Yes
Year Built 1959
View Water
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
Additional Parcels Description 0
County Pinellas
New Construction false
Property Type Residential Income
Subdivision Name ISLE OF PALMS
Garage Y/N false
Status Active
Directions From 66th St N head toward FL-693 S/St. Pete Beach passing Interstate Batteries Distributor after about 1.9 miles. Turn right onto Bryan Dairy Rd which continues as Co Rd 296/102nd Ave. Turn left onto US-19 ALT S/Seminole Blvd and follow it until you take the left exit for 150th Ave/Tom Stuart Causeway. Turn right onto Gulf Blvd then right again onto 155th Ave where your destination will be located at 265 155th Ave in Redington Beach.
High School Boca Ciega High-PN
City TREASURE ISLAND
Senior Community Y/N false
Number Of Units Total 2
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size Units Square Feet
Lot Size Square Feet 6338
Carport Spaces 2
Carport Y/N true
Listing Terms Cash Other
Elementary School Azalea Elementary-PN
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 3877
Middle/Junior High School Azalea Middle-PN
Property Condition Fixer
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/f03ee2dc-afbf-455a-baa5-af41e8695f99?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 4
Legal Description ISLE OF PALMS BLK A LOT 4
Water View Intracoastal Waterway
Pet Size Limit Extra Large (101+ Lbs.)
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N true
Flood Zone Code AE
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Interior
Interior Amenities Other
Flooring Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Awning(s)
Parking Features Boat
Water Source Public
Lot Size Area 6338
Foundation Details Slab
Number of Buildings 1
Building Area Total 3948
Lot Size Acres 0.15
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 2
Number of Lots 1
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* Excluded Features
List By
Lpt Realty, Llc.

Broker

kristina.g.mvt@gmail.com

Email

Affordability Calculator

$5,156
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,833
Monthly Property Taxes
$323
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Boca Ciega High-PN High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$785,000 Listed Price

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265 115TH AVENUE, Treasure Island, FL, 33706 is a Multi-Family Home for sale at $785,000 with 2,992 sqft and a lot size of 0.15. 265 115TH AVENUE has 4 bedrooms, 2.0 baths, and was built in 1959. The property's zip code is 33706 which is in Treasure Island, FL