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265 115th Ave, Treasure Island, FL, 33706

$279/sqft·Isle Of Palms

4 bd2 ba2,992 sqftDuplex
Listed by LPT REALTY, LLC.· Last updated · MLS# TB8386220

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Est. monthly payment
$5,095/mo
Down payment (20%)
$166,980
Property taxes
$323/mo
Rate assumed
6.8% · 30 yr
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At a glance

Multi-family
Built 1959
Water views
Water
6,338 sqft lot
Lot size
2,992 sqft
Living area

About this home

Awning(s)DishwasherDryerMicrowaveRefrigeratorWasher

265 115th Ave is a 1959-built home in Isle Of Palms, Treasure Island. Inside you'll find 4 bedrooms, 2 bathrooms, and 2,992 square feet of living space. Listed at $834,900 (about $279/sqft), 418 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Select updates planned; pricing subject to change once improvements begin. Steps from the Gulf – Rare Treasure Island Redevelopment Opportunity Located just steps from the shimmering waters of the Gulf, 265 115th Avenue is a rare and exciting opportunity in the heart of Treasure Island. This property is not just about what currently stands—it’s about what can be. Set in a highly desirable multifamily zoning district, this parcel offers endless potential for redevelopment in one of Florida’s most sought-after beach communities. Whether you’re envisioning a luxury duplex, charming coastal cottages, or a sleek new vacation rental, the zoning opens the door to a variety of residential uses that deliver strong returns and the ultimate beach lifestyle. The solid block duplex with a two-story block extension (built in 2018) provides a strong foundation and immediate utility, while the property itself has already been fully remediated and continuously occupied by the owner. It’s now a blank canvas ready for future beach lovers to bring their vision to life. With generous lot dimensions, multifamily potential, and a location that puts you just steps from sandy shores, the possibilities are unmatched. Surround yourself with vibrant coastal charm while enjoying the convenience of nearby restaurants, shopping, and entertainment—all within a laid-back, walkable community. This is the kind of opportunity investors, builders, and future homeowners dream about: where land, location, and zoning align perfectly. Whether for personal use, income generation, or both, the stage is set for something extraordinary.

The essentials

Built
1959
Price / sqft
$279
On market
488 days
Annual tax
$3,877
Flood zone
AE
Lot
6,338 sqft
Type
Duplex

Location

265 115th Ave
Treasure Island, FL, 33706·33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Type
Duplex
Year Built
1959
Lot
6,338 sqft
Cooling
Central Air
Heating
Central
Parking
Boat
Days on Market
488
Awning(s)
Dishwasher
Dryer
Microwave
Refrigerator
Washer

Elementary

Azalea Elementary-PN

Middle

Azalea Middle-PN

High

Boca Ciega High-PN

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone AE

Annual Tax (2024)

$3,877

Parcel #

23-31-15-43470-001-0040

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Isle Of Palms

County

Pinellas

MLS Area

33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl

Lot Size

6,338 sqft

Date
Event
Price
8/1/2026
Price change
Source: Stellar MLS #TB8386220
$834,900+6.4%
$279/sqft
Price change
Source: Stellar MLS #TB8386220
$785,000+12.3%
$262/sqft
5/14/2025
Listed for sale
Source: Stellar MLS #TB8386220
$699,000+121.9%
$234/sqft
8/1/2017
Sold
Source: Pinellas County Public Record
$315,000
$105/sqft
Est. monthly payment$5,095/mo
Principal & interest$4,354
Property taxes$323
Insurance$417
Down payment20% · $166,980
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

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List price: $834,900
$805,000 – $834,900
96.6% – 100% of listTops out right at the list price
80% of listList price
63 of the last 124 home closings in 33706 landed at this number or higher (51%). The median one sat 64 days before it went under contract, and this one is on day 488.

Sample: 124 closed home sales in 33706 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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