IDX

Listed by Emil Veltre · Courtesy of KELLER WILLIAMS REALTY PORTFOLIO COLLECTION· Agent MLS ID# MFR085823684 · Deemed reliable but not guaranteed. · Data last updated: May 16, 2026 · 10:48 AM

116 85TH AVE

Treasure Island, Pinellas, FL, 33706

Active

$349,000

$330/sqft

3Beds
2Baths
1,056Sq Ft
1940Built
1Days on Market

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.

Facts & Features

MFRTB8504922
$349,000
Active
3
2
2
0
1,056 sqft
0.0700
1940
Residential
Single Family Residence
N/A

Community Information

116 85TH AVE
Herrons Sub 7
Treasure Island
Pinellas
FL
33706
No

Amenities

N/A
N/A
No
No
No

Interior

Ninguno
Electric
None
Other
N/A
1
None

Exterior

Private Mailbox, Private Yard
Block, Frame
Pillar/Post/Pier
Shingle
N/A
N/A

School Information

Azalea Elementary-Pn
Azalea Middle-Pn
Boca Ciega High-Pn

Additional Information

May 15, 2026
1
N/A
South
No

Mortgage Calculator

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. KELLER WILLIAMS REALTY PORTFOLIO COLLECTION is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

1 days on market

Listing updated: May 16, 2026 · 10:48 AM

Listed by: Emil Veltre · 727-667-5592KELLER WILLIAMS REALTY PORTFOLIO COLLECTION · 727-489-0800

Updated from Real Estate Market Data

Location

BR
brokerage

Get in Touch

You may also like

Similar Properties

605 115TH AVE — home for sale

$1,650,000

605 115TH AVE

4Beds
2Baths
MFRTB8475520MLS ID
1,806SqFt

INNOVATE REAL ESTATE

11355 2ND ST E — home for sale

$659,000

11355 2ND ST E

3Beds
2Baths
MFRTB8539815MLS ID
1,522SqFt

EMPEROR REALTY LLC

710 116TH AVE — home for sale

$975,000

710 116TH AVE

3Beds
2Baths
MFRTB8508928MLS ID
2,182SqFt

EQUITY REALTY SUNCOAST