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$850,000
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Property Description
Waterfront Opportunity on Treasure Island! Discover the potential of this spacious, open-concept home situated on an extra-wide canal with breathtaking big water views. Enjoy direct, easy access to the Intracoastal Waterway and the Gulf of Mexico, with no fixed bridges-a true boater's paradise. While the home experienced flooding during Hurricane Helene, it has been remediated and is priced at land value, offering multiple excellent options. The property is not substantially damaged and can be renovated per FEMA's 50% Rule, lifted, or cleared for a custom new build. The prime waterfront location and unparalleled views set this home apart from others on the island. Beyond your backyard, enjoy the charm of Treasure Island's vibrant coastal community. Take a short stroll to the island's expansive beaches, home to Sanding Ovations, an international sand sculpting competition held every fall. From free concerts in the park to kite competitions, locally-owned seafood restaurants, and live music at waterfront bars, there's always something happening. Or, simply unwind on your private dock, taking in stunning sunsets over the water. Don't miss this rare opportunity to create your dream waterfront retreat!
Full Property Details
Full Property Details for 540 115th Ave
General
- Sold For: $850,000
- Taxes: $5,047 (2024)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8365681
- Added to Site: 295 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 10
- Interior Features: High Ceilings, Kitchen and Family Room Combination, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom
- Appliances: None
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Garage
Exterior
- Exterior Features: Private Mailbox
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
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 2ND ADD
- Driving Directions: From Gulf Blvd. on Treasure Island, turn at the light at 112th Ave., next to the Waffle House. Veer left at the park. Turn right onto 115th Ave. Property will be on the left.
- Direction Faces: South
Community
- Community Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Block, Stucco
- Roof: Metal
- Stories/Levels: One
- Square Feet: 2,234
- Sq. Ft. Source: Public Records
- Living Area: 2,234 Sq. Ft.
- Year Built: 1957
Lot Features
- Property View: Water
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,701
- Lot Size: 7701
- Lot Dimensions: 70 x 110
- Street/Road Desc.: Paved
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $5,047.24
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: ISLE OF PALMS 2ND ADD BLK 1, LOT 16
- Flood Zone Info: AE
- APN: 233115435060010160
- Property ID: 233115435060010160
- Block/Lot/Section: 1
Listed by Coastal Properties Group
Sold by Real Broker, Llc
Get Pre-Approved Today
Schools
Schools serving 540 115th Ave
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Azalea Elementary School 1680 74th St N, St. Petersburg, FL 33710 | PK-5 | 1.7 mi |
Azalea Middle School 7855 22nd Ave N, St. Petersburg, FL 33710 | 6-8 | 1.7 mi |
Boca Ciega High School 924 58th Street South, Gulfport, FL 33707 | 9-12 | 3.7 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 540 115th Ave
Date
Details
Price
Change
Source
8/07/2025
Sold
$850,000
-5.03%
MLS
4/14/2025
Price Reduced
$895,000
-3.24%
MLS
3/30/2025
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
540 115th Avenue, Treasure Island, FL 33706 (MLS# TB8365681) is a Single Family property that was sold at $850,000 on August 07, 2025. Want to learn more about 540 115th 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.

