Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 3-bedroom, 2-bathroom single family at 116 85TH AVENUE in Treasure Island, FL is listed for $349,000 ($330 per sqft). Built in 1940, the home offers 1,056 sqft of living space on a 0.07 acres lot.
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.
Key Features
- Built in 1940
- 0.07 acre lot
Property Details
Monthly Cost Estimate
$1,867/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
116 85TH AVENUE
Treasure Island, FL 33706
HERRONS SUB 7
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 2-bathroom single family at 116 85TH AVENUE is listed at $349,000 ($330/sqft). The estimated monthly payment is $1,512 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.07 acre lot. Interior Features: Ninguno. Exterior Features: Private Mailbox, Private Yard.
This property is listed by Emil Veltre and can be reached at 7276675592 or emil@therealestatepharmacist.com.
