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265 115th Ave
For Sale $785,000 ($262.37 per Sq Ft)
$785,000 ($262.37 per Sq Ft)
- 4 Bedrooms
- 2 Bathrooms
- 2,992 Sq Ft
- 6,338 Sq Ft
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $785,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 2,992 |
| Number of Stories | 0 stories |
| Parking Spots | 2 spots |
| Year Built | 1959 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 233115434700010040 |
| MLS # | TB8386220 |
| Property ID | 321799420 |
| Lot Sqft | 6,338 |
| Zoning | Unknown |
| Total Units | 2 |
| Days on Market | 285 |
| Original List Price | $699,000 |
| Applicances | Dishwasher, Dryer, Microwave, Refrigerator, Washer% |
| Date Updated | February 03, 2026 |
| Date Created | May 09, 2025 |
Listing Provided By
Kristina Gabrielsen an agent of LPT REALTY, LLC..
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 03, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT