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 50×60 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.
Property Details
Price:
$349,000
MLS #:
TB8504922
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
HERRONS SUB 7
Neighborhood:
33706passagrillebchstpetebchtreasureisl
Listed Date:
May 15, 2026
Finished Sq Ft:
1,056
Total Sq Ft:
1,362
Lot Size:
3,001 sqft / 0.07 acres (approx)
Year Built:
1940
See this Listing
Schools
Elementary School:
Azalea Elementary-PN
Middle School:
Azalea Middle-PN
High School:
Boca Ciega High-PN
Interior
Appliances
None
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Other
Heating
Electric
Interior Features
Ninguno
Laundry Features
None
Levels
One
Exterior
Construction Materials
Block, Wood Frame
Direction Faces
South
Exterior Features
Private Mailbox, Private Yard
Roof
Shingle
Financial
Tax Year
2025
Taxes
$2,199
Map
Community
- Address116 85TH AVENUE TREASURE ISLAND FL
- SubdivisionHERRONS SUB 7
- CityTREASURE ISLAND
- CountyPinellas
- Zip Code33706
Subdivisions in TREASURE ISLAND
- 1 KEY CAPRI
- 300 CAPRI BLVD
- 300 CAPRI CONDO
- BAHIA MAR AT TREASURE ISLAND CONDO
- BEACH VILLAS OF TREASURE ISLAND
- BELLA CASA TWNHMS
- BLIND PASS LAGOONS CONDO
- BOCA CIEGA PASS SUB
- BOCA CIEGA SHORES CONDO
- CAPRI HARBOR CONDO
- CAPRI ISLE
- CAPRI ISLE GARDEN
- CAPRI ISLE SUB
- CAPRI ISLE TOWNHOMES
- CAPRI ISLE TWNHMS
- CAPRI LAGOONS CLUB CONDO
- CAPRI LAGOONS CONDO
- CAPRI OF T I CONDO
- CAPRI SUNSET CONDO
- CAPRI TOWNHOME CONDOMINIUM
- CAREFREE APTS CONDO
- CEDARSAND CONDO
- CHALET CAPRI II
- COASTAL COLLECTION TWNHMS
- CONEY ISLAND
- CONEY ISLAND PT REP OF BLK 19
- CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
- DEL MAR AT SUNSET BEACH
- EIGHTY-FIFTH AVE REP
- EL CERRITO CONDO
- ENTRADA CONDO
- FAIRLANE THE CONDO
- GRIFFITH CAPRI ISLE CONDO
- GRIFFITH CAPRI ISLE CONDO UNIT 12400 A
- GRIFFITH CAPRI ISLE CONDO UNIT 12400 B
- GULF SPRAY CONDO
- GULF TO BAY LAGOONS CONDO
- HARBOR HOUSE CONDOS
- HARBORVIEW CONDO
- HERONS LANDING CONDO
- HERRONS SUB 1
- HERRONS SUB 2
- HERRONS SUB 3
- HERRONS SUB 5
- HERRONS SUB 6
- HERRONS SUB 8
- HERRONS SUB 9
- ISLA DEL CAPRI ADULT
- ISLAND TWNHMS TREASURE ISLAND
- ISLE OF CAPRI TWNHMS
- ISLE OF PALMS
- ISLE OF PALMS 1ST ADD
- ISLE OF PALMS 2ND ADD
- ISLE OF PALMS 2ND ADD BLK 1, LOT 31
- KEY CAPRI CONDO
- KEY CAPRI CONDO EAST
- LA BELLA VITA CONDO
- LA COSTA BRAVA CONDO 1
- LANDS END AT SUNSET BEACH CONDO
- LEPORELLO CONDO RESIDENCE
- MANSIONS BY THE SEA CONDO
- MARQUESA CONDO
- MC SHEEHY SUB
- OCEAN CLUB TREASURE ISLAND A RESORT CONDO
- OCEANA AT TREASURE ISLAND CONDO
- OLCOTT-KELLEY SUB
- ONE THIRTY FIVE SUNSET PLACE
- PALMS OF TREASURE ISLAND CONDO
- PARADISE ISLAND
- PARADISE ISLAND 1ST ADD
- PARADISE ISLAND 2ND ADD
- PARADISE ISLAND 2ND ADD PT 3
- PARADISE ISLAND 2ND ADD PT 4
- PARADISE ISLAND 3RD ADD
- PARADISE ISLAND 4TH ADD
- PARADISE ISLAND 5TH ADD
- PARADISE ISLAND 6TH ADD
- PARADISE ISLAND TOWERS CONDO
- PARADISE ISLAND TR A REP
- PEARL
- PENGUIN CABANA SUB
- PENQUIN CABANA SUB
- PRINCESS ANN CONDO
- REUER SUB
- SAND DUNES THE CONDO
- SAWYER & HARRELLS 2ND ADD
- SAWYER & HARRELLS ADD
- SECOND ADDITION ISLE OF PALMS
- SUN KETCH CONDO
- SUN KETCH II CONDO
- SUNSET BEACH
- SUNSET BEACH UNIT 04
- SUNSET BEACH UNIT 5
- SUNSET CHATEAU CONDO
- SUNSET COVE
- SUNSET COVE CONDO
- SUNSET COVE OF TREASURE
- SUNSET LANDINGS
- SUNSET VISTAS CONDO HOTEL ON THE GULF
- TIDES OF CAPRI EAST CONDO
- TIDES OF CAPRI WEST CONDO
- TREASURE CAY CONDO
- TREASURE ISLAND CITY OF
- TREASURE ISLAND TENNIS & YACHT CLUB
- TREASURE ISLAND VILLAS CONDO
- TREASURE ISLANDS POINTS WEST APTS CONDO
- TREASURE SANDS CONDO
- TREASURES OF CAPRI CONDO
- TREASURES OF CAPRI SUB
- TROPIC TERRACE APT
- VILLAGE OF PARADISE ISLAND
- VITTORIA CONDO
- WESTWIND AT TREASURE ISLAND CONDO THE
- WESTWIND CONDO APTS
- WESTWINDS OF TREASURE ISLAND CONDO
- WHITE HART CONDO
- YUM YUM TREE THE CONDO
Market Summary
Current real estate data for Single Family in TREASURE ISLAND as of Jul 30, 2026
102
Single Family Listed
175
Avg DOM
768
Avg $ / SqFt
$1,480,644
Avg List Price
Property Summary
- Located in the HERRONS SUB 7 subdivision, 116 85TH AVENUE TREASURE ISLAND FL is a Single Family for sale in TREASURE ISLAND, FL, 33706. It is listed for $349,000 and features 3 beds, 2 baths, and has approximately 1,056 square feet of living space, and was originally constructed in 1940. The current price per square foot is $330. The average price per square foot for Single Family listings in TREASURE ISLAND is $768. The average listing price for Single Family in TREASURE ISLAND is $1,480,644. To schedule a showing of MLS#tb8504922 at 116 85TH AVENUE in TREASURE ISLAND, FL, contact your CENTURY 21 Carioti agent at 2392986550.
Similar Listings Nearby
Courtesy of KELLER WILLIAMS REALTY PORTFOLIO COLLECTION. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 116 85TH AVENUE
TREASURE ISLAND, FL