Skip to main content

116 85TH AVENUE, TREASURE ISLAND, 33706

$349,000

3

Beds

2

Baths

1,056 ft2

Property Size

1940

Year Built

About The Property

The structure may be lost — but the opportunity is extraordinary. Rare redevelopment opportunity in the highly sought-after Sunset Beach section of Treasure Island just a 1-minute walk to beach access and only 2 lots from West Gulf Blvd. This 1940 structure sustained severe storm impact from Hurricanes Helene & Milton and has been deemed substantially damaged. The home is uninhabitable and will require demolition. This is strictly a land-value opportunity for builders, developers, and investors seeking one of the Gulf Coast’s most supply-constrained beach communities. Positioned on a 50×60 RM-15 zoned lot in a quiet pocket of Sunset Beach surrounded by ongoing luxury redevelopment and multimillion-dollar coastal homes. Utilities are connected (currently off). FEMA substantial damage documentation available. No interior access permitted due to condition — exterior viewing only. Cash only. No Assignments. Sold AS-IS. Buyer to verify all zoning, rebuilding parameters, FEMA requirements, setbacks, future use, and redevelopment possibilities with the City of Treasure Island. Opportunities this close to the beach at this price point are becoming increasingly rare.

Property Details

Property Id: 280595
Price: $349,000
Property Size: 1,056 ft2
Property Lot Size: 0 ft2
Rooms: 3
Bedrooms: 3
Bathrooms: 2
BathroomsFull: 2
BuildingAreaTotal: 1362
ConstructionMaterials: Block, Wood Frame
Cooling: None
CumulativeDaysOnMarket: 1
DaysOnMarket: 1
DirectionFaces: South
Directions: Head South on Gulf Blvd passing the Treasure Island Causeway or make a left off the Causeway onto Gulf Blvd. Take 0.8 miles and make a right at light onto W Gulf Blvd. Take W Gulf Blvd 0.4 miles and turn left onto 85th Avenue. 116 85th Avenue is 3rd lot on the left!
ElementarySchool: Azalea Elementary-PN
Flooring: Other
Furnished: Unfurnished
Heating: Electric
HighSchool: Boca Ciega High-PN
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: None
Levels: One
ListAOR: Suncoast Tampa
ListAgentFullName: Emil Veltre
ListOfficeName: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
ListingContractDate: 2026-05-09
ListingId: TB8504922
ListingTerms: Cash
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotSizeArea: 3001
LotSizeDimensions: 60 x 50
LotSizeSquareFeet: 3001
LotSizeUnits: Square Feet
MLSAreaMajor: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
MiddleOrJuniorSchool: Azalea Middle-PN
MlsStatus: Active
ModificationTimestamp: May 16, 2026 at 10:47am
OnMarketDate: 2026-05-15
OriginalListPrice: 349000
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
PetsAllowed: Yes
PhotosChangeTimestamp: May 15, 2026 at 01:43pm
PhotosCount: 7
PostalCode: 33706
Roof: Shingle
Sewer: Public Sewer
SpecialListingConditions: None
StateOrProvince: FL
StoriesTotal: 1
StreetName: 85TH
StreetNumber: 116
StreetSuffix: AVENUE
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected
WaterSource: Public
YearBuilt: 1940

Amenities and Features

Other Features
1
Has Heating System
Ninguno
None
Private Mailbox
Private Yard

Map Location

Property Map

Mortgage Calculator

Payment Calculator

$1,789.39
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,353.14

Image Gallery

Similar Listings

Similar Listings

Residential
Active

9600 W GULF BOULEVARD, TREASURE ISLAND, 3370...

Beds :
5
Baths :
6
Size :
5,198 ft2
$7,990,000
Residential
Active

43 DOLPHIN DRIVE, TREASURE ISLAND, 33706

Beds :
5
Baths :
6
Size :
4,660 ft2
$5,750,000
Residential
Active

11245 9TH STREET E, TREASURE ISLAND, 33706

Beds :
5
Baths :
5.5
Size :
4,501 ft2
$4,999,000
Residential
Active

9550 W GULF BOULEVARD, TREASURE ISLAND, 3370...

Beds :
5
Baths :
4.5
Size :
4,988 ft2
$4,995,000

Disclaimer

Property ID - | 280595

All listings featuring the Stellar MLS logo are provided by My Florida Regional MLS DBA Stellar MLS. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved.

Compare Listings

Selinda Moore