About This Home

This 4-bedroom, 2-bathroom multi-family at 265 115TH Avenue in Treasure Island, FL is listed for $834,900 ($279 per sqft). Built in 1959, the home offers 2,992 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1959
  • 0.15 acre lot

Property Details

1 story
2 full
1959

Amenities

ViewA/CRV Parking
Listing 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, th

e 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.

Monthly Cost Estimate

$4,465/mo

20% down · 6.5% · 30 years

Principal$604
Interest$3,618
Insurance$244

Estimates only. Actual payments may vary.

Location

265 115TH Avenue

Treasure Island, FL 33706

ISLE OF PALMS

Features & Amenities

Exterior Features

Awning(s)

Property Details

Flooring

Tile

Construction

Block

Views

Water

Parking

Boat

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 265 115TH Avenue is listed at $834,900 ($279/sqft). The estimated monthly payment is $4,466 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959, 0.15 acre lot. Exterior Features: Awning(s).

This property is listed by Kristina Gabrielsen.

KG

Kristina Gabrielsen

Agent at Lpt Realty, LLC

Listed by Lpt Realty, LLC · Broker phone: (877) 366-2213 · View on Broker Site

MLS# TB8386220· Source: Stellar MLS· 538 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

265 115TH Avenue, Treasure Island, FL 33706

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