Date
Details
Price
Change
Source
5/15/2026
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$349,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 116 85th Ave
General
- Price: $349,000
- Taxes: $2,199 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8504922
- Updated: 5/15/2026
- Added to Site: 3 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 3
- Interior Features: Ninguno
- Appliances: None
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Private Mailbox, Private Yard
Location
- Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- County: Pinellas
- Development Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Subdivision: HERRONS SUB 7
- Driving 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!
- Direction Faces: South
School Information
- Elementary School: Azalea Elementary-PN
- Middle School: Azalea Middle-PN
- High School: Boca Ciega High-PN
Community
- Community Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Public, Sewer Connected
Structural Information
- Exterior Const.: Block, Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,056
- Sq. Ft. Source: Public Records
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,001
- Lot Size: 3001
- Lot Dimensions: 60 x 50
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $2,199.3
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: HERRON'S SUB NO. 7 LOT 11
- Flood Zone Info: AE
- APN: 253115384300000110
- Property ID: 253115384300000110
Listed by Keller Williams Realty Portfolio Collection
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Listing agent
— 116 85th Ave —
Keller Williams Realty Portfolio Collection
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Schools
Schools serving 116 85th Ave
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Azalea Elementary School 1680 74th St N, St. Petersburg, FL 33710 | PK-5 | 2.9 mi |
Azalea Middle School 7855 22nd Ave N, St. Petersburg, FL 33710 | 6-8 | 3.1 mi |
Boca Ciega High School 924 58th Street South, Gulfport, FL 33707 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 85th Ave
Tax History
Tax History for 116 85th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,199
-3%
$179,588
-4%
2024
$2,274
2%
$187,780
3%
2023
$2,230
2%
$182,311
6%
2021
$2,187
1%
$171,846
-3%
2022
$2,158
-1%
$177,001
4%
2021
$2,187
3%
$169,473
2%
2019
$2,117
2%
$165,663
2%
2018
$2,069
1%
$162,574
2%
2017
$2,041
1%
$159,230
2%
2016
$2,023
-2%
$155,955
1%
2015
$2,064
1%
$154,871
1%
2014
$2,052
19%
$153,642
14%
2013
$1,720
—
$134,542
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 85th Ave
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116 85th Avenue, Treasure Island, FL 33706 (MLS# TB8504922) is a Single Family property with 3 bedrooms and 2 full bathrooms. 116 85th Avenue is currently listed for $349,000 and was received on May 15, 2026. Want to learn more about 116 85th Avenue? Do you have questions about finding other Single Family real estate for sale in Treasure Island? You can browse all Treasure Island real estate or contact a Coldwell Banker agent to request more information.