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For sale
  • $785,000

    265 115th Ave, Treasure Island, FL 33706

    4beds
    2baths
    2,992sqft
    : 
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    Duplex, Multi Family
    Built in 1959
    -- sqft lot
    $749,700 Zestimate®
    $262/sqft
    $-- HOA

    What's special

    Solid block duplexGenerous lot dimensions
    Select updates planned; pricing subject to change once improvements begin. 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.
    63 days
    |
    223
    |
    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kristina Gabrielsen 713-444-8536,

    LPT REALTY, LLC. 877-366-2213,

    Larry Fischer 727-300-6681,

    LPT REALTY, LLC.

    Source: Stellar MLS,MLS#: TB8386220MLS LogoOriginating MLS: Suncoast Tampa

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
      • Laundry: Laundry Room
      Features
      • Other
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 3,948
      • Total interior livable area: 2,992 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Boat
      • Carport spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Awning(s)
      • Has view: Yes
      • View description: Water, Intracoastal Waterway
      • Has water view: Yes
      • Water view: Water,Intracoastal Waterway
      Lot
      • Size: 6,338 Square Feet
      Details
      • Additional parcels included: 0
      • Parcel number: 233115434700010040
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Block
      • Foundation: Slab
      • Roof: Built-Up
      Condition
      • Fixer
      • New construction: No
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: ISLE OF PALMS
      HOA
      • Has HOA: No
      Location
      • Region: Treasure Island

      Financial & listing details

      • Price per square foot: $262/sqft
      • Tax assessed value: $650,000
      • Annual tax amount: $3,877
      • Date on market: 5/14/2025
      • Cumulative days on market: 341 days
      • Listing terms: Cash,Other
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Road surface type: Asphalt

        Estimated market value

        $749,700

        $712,000 - $787,000

        $2,119/mo

        Price history

        DateEventPrice
        5/11/2026Listed for sale$785,000$262/sqft
        Source: Stellar MLS #TB8386220 Report a problem
        5/4/2026Listing removed$785,000$262/sqft
        Source: Stellar MLS #TB8386220 Report a problem
        1/7/2026Listed for sale$785,000$262/sqft
        Source: Stellar MLS #TB8386220 Report a problem
        12/30/2025Listing removed$785,000$262/sqft
        Source: Stellar MLS #TB8386220 Report a problem
        12/23/2025Pending sale$785,000$262/sqft
        Source: Stellar MLS #TB8386220 Report a problem
        10/30/2025Listed for sale$785,000$262/sqft
        Source: Stellar MLS #TB8386220 Report a problem
        10/28/2025Pending sale$785,000$262/sqft
        Source: Stellar MLS #TB8386220 Report a problem
        9/16/2025Price change$785,000+12.3%$262/sqft
        Source: Stellar MLS #TB8386220 Report a problem
        5/9/2025Listed for sale$699,000-3.6%$234/sqft
        Source: Stellar MLS #TB8382397 Report a problem
        4/1/2025Listing removed$725,000$242/sqft
        Source: Stellar MLS #TB8357187 Report a problem
        3/26/2025Price change$725,000-7.6%$242/sqft
        Source: Stellar MLS #TB8357187 Report a problem
        3/4/2025Listed for sale$785,000+149.2%$262/sqft
        Source: Stellar MLS #TB8357187 Report a problem
        8/25/2017Sold$315,000-1.3%$105/sqft
        Source: Public Record Report a problem
        6/23/2017Price change$319,000-3%$107/sqft
        Source: CENTURY 21 Jim White & Associates #U7818244 Report a problem
        5/8/2017Listed for sale$329,000+18.3%$110/sqft
        Source: CENTURY 21 Jim White & Associates #U7818244 Report a problem
        8/17/2016Sold$278,000-4.1%$93/sqft
        Source: Public Record Report a problem
        7/8/2016Price change$289,900-1.4%$97/sqft
        Source: COASTAL PROPERTIES GROUP #U7754289 Report a problem
        4/16/2016Listed for sale$294,000$98/sqft
        Source: COASTAL PROPERTIES GROUP #U7754289 Report a problem
        4/2/2016Pending sale$294,000$98/sqft
        Source: COASTAL PROPERTIES GROUP #U7754289 Report a problem
        3/5/2016Price change$294,000-0.7%$98/sqft
        Source: COASTAL PROPERTIES GROUP #U7754289 Report a problem
        10/21/2015Listed for sale$296,000+7.4%$99/sqft
        Source: COASTAL PROPERTIES GROUP #U7754289 Report a problem
        8/21/2014Listing removed$275,500$92/sqft
        Source: RE/MAX METRO #U7705728 Report a problem
        8/7/2014Price change$275,500+0.4%$92/sqft
        Source: RE/MAX METRO #U7705728 Report a problem
        5/29/2014Listed for sale$274,500+7.6%$92/sqft
        Source: RE/MAX METRO #U7705728 Report a problem
        6/30/2004Sold$255,000+50%$85/sqft
        Source: Public Record Report a problem
        6/25/2002Sold$170,000$57/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,877 +1.6%$281,149 +3%
        2023$3,817 +2.8%$272,960 +3%
        2022$3,712 -1.6%$265,010 +3%
        2021$3,771 +1.2%$257,291 +1.4%
        2020$3,725 +1.7%$253,739 +2.3%
        2019$3,663 $248,034 +1.9%
        2018$3,663 +2.3%$243,409 +41.1%
        2017$3,581 -5.4%$172,501 -30.8%
        2016$3,788 +12.4%$249,271 +22.4%
        2015$3,370 +15.7%$203,669 +24.3%
        2014$2,913 +11.3%$163,844 +16.3%
        2013$2,617 +12.9%$140,859 +13.8%
        2012$2,318 $123,763 -10.1%
        2011-- $137,631 -0.9%
        2010-- $138,881 -22.3%
        2009-- $178,686 -14.6%
        2008$2,999 $209,200 -19%
        2007-- $258,200 +7.7%
        2005-- $239,700 +18.7%
        2004$3,880 +26.9%$202,000 +27.7%
        2003$3,058 +55.9%$158,200 +21.6%
        2002$1,961 $130,100 +29.8%
        2001$1,961 +15.2%$100,200 +12.2%
        2000$1,703 $89,300
        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: Isle of Palms

        Getting around

        44 / 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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