116 85TH AVENUE
Treasure Island, FL 33706
$349,000
The structure may be lost — but the opportunity is extraordinary. Rare redevelopment opportunity in the highly sought-after Sunset Beach section of Treasure Island just a 1-minute walk to beach access and only 2 lots from West Gulf Blvd. This 1940 structure sustained severe storm impact from Hurricanes Helene & Milton and has been deemed substantially damaged. The home is uninhabitable and will require demolition. This is strictly a land-value opportunity for builders, developers, and investors seeking one of the Gulf Coast’s most supply-constrained beach communities. Positioned on a 50x60 RM-15 zoned lot in a quiet pocket of Sunset Beach surrounded by ongoing luxury redevelopment and multimillion-dollar coastal homes. Utilities are connected (currently off). FEMA substantial damage documentation available. No interior access permitted due to condition — exterior viewing only. Cash only. No Assignments. Sold AS-IS. Buyer to verify all zoning, rebuilding parameters, FEMA requirements, setbacks, future use, and redevelopment possibilities with the City of Treasure Island. Opportunities this close to the beach at this price point are becoming increasingly rare.
Listing Courtesy of: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
727-489-0800
| Listing Id: | TB8504922 |
|---|---|
| List Price: | $349,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Living Area: | 1,056 |
| Tax Annual Amount: | $2,199 |
| Lot Size Square Feet: | 3,001 |
| Lot Size Acres: | 0.07 |
| Waterfront?: | No |
| City: | Treasure Island |
| County Or Parish: | Pinellas |
| Subdivision Name: | Herrons Sub 7 |
| Postal Code: | 33706 |
| Year Built: | 1940 |
| Appliances: | None |
| Bathrooms Total Integer: | 2 |
| Building Area Source: | Public Records |
| Building Area Total: | 1362 |
| Building Area Units: | Square Feet |
| Direction Faces: | South |
| Foundation Details: | Pillar/Post/Pier |
| Construction Materials: | Block, Frame |
| Cooling: | None |
| Directions: | Head South on Gulf Blvd passing the Treasure Island Causeway or make a left off the Causeway onto Gulf Blvd. Take 0.8 miles and make a right at light onto W Gulf Blvd. Take W Gulf Blvd 0.4 miles and turn left onto 85th Avenue. 116 85th Avenue is 3rd lot on the left! |
| Elementary School: | Azalea Elementary-PN |
| Exterior Features: | Private Mailbox, Private Yard |
| Flooring: | Other |
| Furnished: | Unfurnished |
| Heating: | Electric |
| High School: | Boca Ciega High-PN |
| Interior Features: | Ninguno |
| Laundry Features: | None |
| Levels: | One |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.07 |
| Lot Size Dimensions: | 60x50 |
| Postal Code Plus4: | 3404 |
| Middle Or Junior School: | Azalea Middle-PN |
| MLS Area Major: | 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl |
| MLS Area Major: | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Original List Price: | $349,000 |
| Other Equipment: | Private Yard |
| Parcel Number: | 25-31-15-38430-000-0110 |
| Pets Allowed: | Yes |
| Stories Total: | 1 |
| Township: | 31 |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Listing Terms: | Cash |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected |
| Water Source: | Public |
| Public Survey Range: | 15 |
| Public Survey Section: | 25 |
| Possession: | Close Of Escrow |
| Additional Lease Restrictions: | Property Zoned RM-15 (Multi-Family) District: Properties in this district can be rented for any duration, but only five (5) times within a 12-month period. |
| Alternate Key Folio Num: | 253115384300000110 |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 126.53 |
| Calculated List Price By Calcula: | 330.49 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8504922?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8504922?w=Customer |
| Dpryn: | Yes |
| Exist Lse Tenant Yn: | No |
| Flood Zone Code: | AE |
| Flood Zone Date: | 2021-08-24 |
| Flood Zone Panel: | 12103C0194H |
| Green Verification Count: | 0 |
| Homestead Yn: | Yes |
| Lease Restrictions Yn: | Yes |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 98.11 |
| Lot Size Square Meters: | 279 |
| Minimum Lease: | 1-7 Days |
| Num Times per Year: | 5 |
| Realtor Info: | As-Is |
| Room Count: | 3 |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 727-489-0800 |
| Originating System Name : | Stellar MLS |
| In Law Suite Yn: | No |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-05-09 |
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Property Last Updated: October 08, 2026 06:05 PM - ET
