116 85TH AVE, TREASURE ISLAND, FL 33706

$349,000

Active · 1 days on market · MLS# MFRTB8504922

Bedrooms3
Bathrooms2
Living area1,056 sq ft
Lot size0.07 acres
Year built1940
Property typeSingle Family Residence
Private poolYes
WaterfrontYes
Annual taxes$2,199
CountyPinellas

About this home

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.

Listing courtesy of Emil Veltre, KELLER WILLIAMS REALTY PORTFOLIO COLLECTION. Presented by MC Homes Realty Inc · 727432218.

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