Property Description
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.
Features
: Central
: Central Air
: Boat
2
: Awning(s)
: Tile
: Other
: Laundry Room
: Public Sewer
: Public
Appliances
: Dishwasher, Refrigerator, Washer, Dryer, Microwave
Address Map
US
FL
Pinellas
Treasure Island
ISLE OF PALMS
33706
115TH
265
AVENUE
From 66th St N, head toward FL-693 S/St. Pete Beach, passing Interstate Batteries Distributor after about 1.9 miles. Turn right onto Bryan Dairy Rd, which continues as Co Rd 296/102nd Ave. Turn left onto US-19 ALT S/Seminole Blvd and follow it until you take the left exit for 150th Ave/Tom Stuart Causeway. Turn right onto Gulf Blvd, then right again onto 155th Ave, where your destination will be located at 265 155th Ave in Redington Beach.
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Neighborhood
Azalea Elementary-PN
Boca Ciega High-PN
Azalea Middle-PN
Additional Information
: Public
https://www.zillow.com/view-imx/f03ee2dc-afbf-455a-baa5-af41e8695f99?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
699000
2025-05-14
2
: One
: Slab
: Block
3948
Financial
3877
Listing Information
Larry Fischer
260019779
260033918
LPT REALTY, LLC.
219538474
260033918
Cash,Other
Active
2025-09-16T13:02:09Z
Stellar
: None
2025-05-14T21:32:57Z
Residential Income For Sale
265 115th Ave, Treasure Island, Florida 33706
4 Bedrooms
2 Bathrooms
2,992 Sqft
$785,000
Listing ID #TB8386220
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : TB8386220
Price : $785,000
View : Water
Bedrooms : 4
Bathrooms : 2
Square Footage : 2,992 Sqft
Year Built : 1959
Lot Area : 0.15 Acre
Property Attached Yn : 1
Property Sub Type : Duplex
Roof : Built-Up