About 265 115th Avenue
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.
Residential Income home for sale in TREASURE ISLAND, FL at 265 115th Avenue. This 4 bedroom Residential Income home is priced at $262/sqft
Features of 265 115th Avenue
| MLS® # | TB8386220 |
|---|---|
| Price | $785,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 2,992 |
| Acres | 0.15 |
| Year Built | 1959 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information: Treasure Island
| Address | 265 115th Avenue |
|---|---|
| Area | Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Subdivision | ISLE OF PALMS |
| City | TREASURE ISLAND |
| County | Pinellas |
| State | FL |
| Zip Code | 33706-4660 |
Amenities of 265 115th Avenue
| Parking | Boat |
|---|---|
| View | Water |
| Is Waterfront | No |
| Has Pool | No |
| Senior Community | No |
Interior of 265 115th Avenue
| Interior Features | Other |
|---|---|
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| Furnished | Unfurnished |
Exterior of 265 115th Avenue
| Exterior Features | Awning(s) |
|---|---|
| Roof | Built-Up |
| Foundation | Slab |
School Information
| Elementary | Azalea Elementary-PN |
|---|---|
| Middle | Azalea Middle-PN |
| High | Boca Ciega High-PN |
Additional Information On 265 115th Avenue
| Date Listed | May 14th, 2025 |
|---|---|
| Days on Market | 179 |
| Flood Zone Code | AE |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | LPT REALTY, LLC. |
|---|