UPDATED:
Key Details
Property Type Multi-Family, Duplex
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,992 sqft
Price per Sqft $279
Subdivision Isle Of Palms
MLS Listing ID TB8386220
Bedrooms 4
Construction Status Fixer
HOA Y/N No
Year Built 1959
Annual Tax Amount $3,877
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Duplex
Source Stellar MLS
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.
Location
State FL
County Pinellas
Community Isle Of Palms
Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Laundry Laundry Room
Exterior
Exterior Feature Awning(s)
Parking Features Boat
Utilities Available Public
View Y/N Yes
Water Access No
View Water
Roof Type Built-Up
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Fixer
Schools
Elementary Schools Azalea Elementary-Pn
Middle Schools Azalea Middle-Pn
High Schools Boca Ciega High-Pn
Others
Pets Allowed Cats OK, Dogs OK, Yes
Senior Community No
Pet Size Extra Large (101+ Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Num of Pet 10+
Special Listing Condition None
Virtual Tour https://www.zillow.com/view-imx/f03ee2dc-afbf-455a-baa5-af41e8695f99?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION