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For sale
  • $349,000

    116 85th Ave, Treasure Island, FL 33706

    3beds
    1,056sqft
    : 
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    Single Family Residence
    Built in 1940
    3,001 Square Feet Lot
    $328,800 Zestimate®
    $330/sqft
    $-- HOA

    What's special

    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.
    59 days
    |
    1,396
    |
    41
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Emil Veltre 727-667-5592,

    KELLER WILLIAMS REALTY PORTFOLIO COLLECTION 727-489-0800

    Source: Stellar MLS,MLS#: TB8504922MLS LogoOriginating MLS: Suncoast Tampa

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: No Closet
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric
      Cooling
      • None
      Appliances
      • Included: None
      • Laundry: None
      Features
      • None
      • Flooring: Other
      • Has fireplace: No
      Interior area
      • Total structure area: 1,362
      • Total interior livable area: 1,056 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Private Mailbox, Private Yard
      Lot
      • Size: 3,001 Square Feet
      • Dimensions: 60 x 50
      Details
      • Parcel number: 253115384300000110
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Wood Frame
      • Foundation: Pillar/Post/Pier
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: HERRONS SUB 7
      HOA
      • Has HOA: No
      Location
      • Region: Treasure Island

      Financial & listing details

      • Price per square foot: $330/sqft
      • Tax assessed value: $562,544
      • Annual tax amount: $2,199
      • Date on market: 5/15/2026
      • Cumulative days on market: 59 days
      • Listing terms: Cash
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $328,800

        $312,000 - $345,000

        $4,012/mo

        Price history

        DateEventPrice
        5/15/2026Listed for sale$349,000$330/sqft
        Source: Stellar MLS #TB8504922 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,274 +2%$187,780 +3%
        2023$2,230 +3.3%$182,311 +3%
        2022$2,158 -1.3%$177,001 +3%
        2021$2,187 +1.2%$171,846 +1.4%
        2020$2,161 +2%$169,473 +2.3%
        2019$2,117 $165,663 +1.9%
        2018$2,117 +2.3%$162,574 +2.1%
        2017$2,069 +2.3%$159,230 +2.1%
        2016$2,023 -2%$155,955 +0.7%
        2015$2,064 +0.6%$154,871 +0.8%
        2014$2,052 +19.3%$153,642 +14.2%
        2013$1,720 -2.7%$134,542 +0.9%
        2012$1,768 $133,285 +10.5%
        2011-- $120,646 -26.1%
        2010-- $163,235 -1.6%
        2009-- $165,842 -27.9%
        2008$4,042 $230,000 -14.4%
        2007-- $268,700 +1.9%
        2005-- $263,700 +53.7%
        2004$3,296 +8.1%$171,600 +8.8%
        2003$3,048 +14.7%$157,700 +3.8%
        2002$2,658 $151,900 +11.9%
        2001$2,658 +37.7%$135,800 +34.2%
        2000$1,930 $101,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33706

        Getting around

        38 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Azalea Elementary-PN
        • Middle: Azalea Middle-PN
        • High: Boca Ciega High-PN

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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