
265 115TH AVE
$834,900
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.
Facts & Features
- MLS #
- MFRTB8386220
- PRICE
- $834,900
- STATUS
- Active
- BEDROOMS
- 4
- BATHROOMS
- 2
- FULL BATHS
- N/A
- HALF BATHS
- N/A
- SQUARE FOOTAGE
- 2,992 sqft
- ACRES
- 0.15
- YEAR BUILT
- 1959
- TYPE
- Duplex
- STYLE
- N/A
Amenities
- AMENITIES
- N/A
- PARKING
- N/A
- VIEW
- No
- WATERFRONT
- No
- POOL
- No
Exterior
- STYLE
- N/A
- CONSTRUCTION
- Block
- FOUNDATION
- Slab
- ROOF
- Built-Up
- FENCING
- N/A
- LOT DESCRIPTION
- N/A
Additional Information
- DATE LISTED
- May 14, 2025
- DAYS ON MARKET
- 466
- ZONING
- N/A
- DIRECTION FACES
- N/A
- NEW CONSTRUCTION
- No
- SPECIAL CONDITIONS
- None
Community Information
- ADDRESS
- 265 115TH AVE
- SUBDIVISION
- Isle Of Palms
- CITY
- Treasure Island
- COUNTY
- Pinellas
- STATE
- FL
- ZIP CODE
- 33706
- SENIOR COMMUNITY
- No
Interior
- INTERIOR FEATURES
- Other
- HEATING
- Central
- COOLING
- Central Air
- FLOORING
- Tile
- FIREPLACE
- N/A
- STORIES
- N/A
- APPLIANCES
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
School Information
- DISTRICT
- N/A
- ELEMENTARY
- Azalea Elementary-Pn
- MIDDLE
- Azalea Middle-Pn
- HIGH
- Boca Ciega High-Pn


