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$785,000
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Property Description
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.
Full Property Details
Full Property Details for 265 115th Ave
General
- Price: $785,000
- Taxes: $3,877 (2024)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8386220
- Updated: 1/7/2026
- Added to Site: 249 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Other
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Awning(s)
Parking
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Boat
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: ISLE OF PALMS
- Driving Directions: From 66th St N, head toward FL-693 S/St. Pete Beach, passing Interstate Batteries Distributor after about 1.9 miles. Turn right onto Bryan Dairy Rd, which continues as Co Rd 296/102nd Ave. Turn left onto US-19 ALT S/Seminole Blvd and follow it until you take the left exit for 150th Ave/Tom Stuart Causeway. Turn right onto Gulf Blvd, then right again onto 155th Ave, where your destination will be located at 265 155th Ave in Redington Beach.
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
- Number of Pets: 10
- Pet Restrictions: none
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Built-Up
- Stories/Levels: One
- Square Feet: 2,992
- Sq. Ft. Source: Public Records
- Year Built: 1959
Lot Features
- Property View: Water
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,338
- Lot Size: 6338
- Street/Road Desc.: Asphalt
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $3,877
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: ISLE OF PALMS BLK A, LOT 4
- Flood Zone Info: AE
- APN: 233115434700010040
- Property ID: 233115434700010040
- Block/Lot/Section: A
Listed by Lpt Realty, Llc.
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Schools
Schools serving 265 115th Ave
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Azalea Elementary School 1680 74th St N, St. Petersburg, FL 33710 | PK-5 | 2.1 mi |
Azalea Middle School 7855 22nd Ave N, St. Petersburg, FL 33710 | 6-8 | 2 mi |
Boca Ciega High School 924 58th Street South, Gulfport, FL 33707 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 265 115th Ave
Date
Details
Price
Change
Source
9/16/2025
Price Increased
$785,000
12.3%
MLS
5/14/2025
Listed
$699,000
121.9%
MLS
8/24/2017
Sold
$315,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 265 115th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,110
6%
$289,302
3%
2024
$3,877
2%
$281,149
3%
2023
$3,817
1%
$272,960
6%
2021
$3,771
2%
$257,291
-3%
2022
$3,712
-2%
$265,010
4%
2021
$3,771
3%
$253,739
2%
2019
$3,663
2%
$248,034
2%
2018
$3,581
52%
$243,409
41%
2017
$2,361
-38%
$172,501
-31%
2016
$3,788
12%
$249,271
22%
2015
$3,370
16%
$203,669
24%
2014
$2,913
11%
$163,844
16%
2013
$2,617
—
$140,859
—
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 265 115th Ave
265 115th Avenue, Treasure Island, FL 33706 (MLS# TB8386220) is a Duplex property with 4 bedrooms and 0 full bathrooms. 265 115th Avenue is currently listed for $785,000 and was received on May 14, 2025. Want to learn more about 265 115th Avenue? Do you have questions about finding other Duplex 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.

