# 265 115TH AVENUE, Treasure Island, FL 33706

> **TL;DR:** 4bd/0ba multi-family, $785,000 ($262/sqft), built 1959, 2,992 sqft.
> RV Parking. Est. $3,402/mo. Listed 388 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $785,000 |
| Price/sqft | $262 |
| Bedrooms | 4 |
| Square Feet | 2,992 |
| Year Built | 1959 |
| Lot Size | 6,534 sqft (0.15 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 388 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,402 |
| **Total** | **$3,402** |

## Nearby Schools

- **Elementary:** Azalea Elementary-PN
- **Middle:** Azalea Middle-PN
- **High:** Boca Ciega High-PN

## Key Amenities

- RV Parking

## Property Highlights

- Built in 1959
- 0.15 acre lot

## Description

### Agent 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.

## Location

- **Address:** 265 115TH AVENUE, Treasure Island, FL 33706
- **County:** Pinellas
- **Neighborhood:** ISLE OF PALMS
- **Coordinates:** 27.775575, -82.772264
- **Google Maps:** https://www.google.com/maps?q=27.775575,-82.772264

## Listing Agent

- **Name:** Kristina Gabrielsen
- **Brokerage:** LPT REALTY, LLC.
- **Phone:** 7134448536
- **Email:** kristina.g.mvt@gmail.com

## Primary Photo

![265 115TH AVENUE - Primary Photo](http://lh.rdcpix.com/79c5792dd44340ab6111b23173856304l-f989241397r.jpg)

---

**MLS#:** TB8386220 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/265-115th-avenue-treasure-island-fl-33706-b8386220)

---

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