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116 85th Avenue

Treasure Island FL 33706

3
2
1362 sq. ft.
3001 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
2 bathrooms
1362 sq. ft. floor area
3001 sq. ft. lot size
Single-Family

Happy sellers in Treasure Island

72%
72% of sellers in Treasure Island reported that their sale price either exceeded or met their price expectations.

Treasure Island stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Treasure Island over the last 12 months.

Local market activity for 3 bedroom single-family properties in Treasure Island

In the last 12 months, 127 three-bedroom single-family properties similar to 116 85th Avenue, have been sold.

This represents a 32% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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