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.
Listed By
Agency Name: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
Agency Contact: 727-489-0800
Shown By
Agent Name: Julie Griffin
Agent Phone: (813) 908-8500
Agency Title: Florida Executive Realty
Estimated Payment
$ 1,061.76 per month $776.72 Principal & Interest $183.25 Property Tax $101.79 Homeowner's Insurance
116 85th Avenue | MLS# TB8504922
This single family home located at 116 85th Avenue , Treasure Island, FL 33706 is currently listed for sale with an asking price of $349,000. This property was built in 1940 and has 3 bedrooms and 2 full baths with 1056 sq. ft. 85th Avenue is located in the HERRONS subdivision. Search HERRONS real estate on jgriffin.floridaexecutiverealty.com today.