116 85th Avenue, Treasure Island, FL 33706
Local realty services provided by:CENTURY 21 Alliance Realty Group
116 85th Avenue,Treasure Island, FL 33706
$349,000
- 3 Beds
- 2 Baths
- 1,056 sq. ft.
- Single family
- Active
Listed by: emil veltre
Office: keller williams realty portfolio collection
MLS#:TB8504922
Source:MFRMLS
Price summary
- Price:$349,000
- Price per sq. ft.:$256.24
About this home
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 50x60 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....
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Home facts
- Year built:1940
- Listing ID #:TB8504922
- Added:51 day(s) ago
- Updated:July 06, 2026 at 12:56 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Pillar/Post/Pier
- Living area:1,056 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1940
- Building area:1,056 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Block, Frame
- Exterior Features:Private Mailbox
- Foundation Description:Pillar/post/pier
- Levels:1 Story
Schools
- High school:Boca Ciega High-PN
- Middle school:Azalea Middle-PN
- Elementary school:Azalea Elementary-PN
Utilities
- Water:Public
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$349,000
- Price per sq. ft.:$256.24
- Tax amount:$2,199 (2025)
Features and amenities
- Amenities:BB/HS Internet Available, Cable Available
- Pool features:Public Pool
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