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.
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 www.realtymark.net today.
Directions: Head South on Gulf Blvd passing the Treasure Island Causeway or make a left off the Causeway onto Gulf Blvd. Take 0.8 miles and make a right at light onto W Gulf Blvd. Take W Gulf Blvd 0.4 miles and turn left onto 85th Avenue. 116 85th Avenue is 3rd lot o
All commissions are negotiable
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/25/2026. The listing information on this page last changed on 05/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 05/25/2026 9:19:44 AM EST) or Stellar MLS (last updated Mon 05/25/2026 1:58:35 AM EST) or GSMLS (last updated Mon 05/25/2026 8:54:16 AM EST) or Emerald Coast MLS (last updated Mon 05/25/2026 9:05:20 AM EST) or Central Panhandle Association of Realtors (last updated Mon 05/25/2026 8:36:34 AM EST) or Beaches MLS (last updated Sat 05/23/2026 2:39:39 AM EST) or Naples MLS (last updated Mon 05/25/2026 9:12:34 AM EST) or Bright MLS (last updated Mon 05/25/2026 9:08:06 AM EST) or OneKey MLS (last updated Mon 05/25/2026 9:13:20 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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 www.realtymark.net today.