Kimberly L. Waterhouse

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Listing provided courtesy of KELLER WILLIAMS REALTY PORTFOLIO COLLECTIONas Distributed by MLSGrid- MLS# MFRTB8504922MLS Provider

116 85TH AVENUETREASURE ISLAND, FL 33706

Single Family · 3 Beds · 2 Full Baths · 1,056 Sq. ft. | 0.07 Acres
$349,000 Active

116 85TH AVENUE Overview

Time on Site:
46 days
Visits:
0

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.

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116 85TH AVENUE Facts & Features

  • Type Single Family
  • Sq. ft. 1,056
  • Price/Sq.ft. $330
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Azalea Elementary-PN
  • Middle Or Junior School: Azalea Middle-PN
  • High School: Boca Ciega High-PN

Building Information

  • New Construction: No
  • Year Built: 1940

Location/Region

  • Country: US
  • County Or Parish: Pinellas
  • MLS Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Subdivision Name: HERRONS SUB 7
  • Township: 31

Tax Information

  • Tax Annual Amount: 2199.3
  • Tax Year: 2025

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash
  • Ownership: Fee Simple
  • Parcel Number: 25-31-15-38430-000-0110
  • Pets Allowed: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 1362
  • Building Area Units: Square Feet

General Information

  • Appliances: None
  • Cooling: None
  • Fireplace: No
  • Flooring: Other
  • Foundation Details: Pillar/Post/Pier
  • Heating: Electric
  • Interior Features: Ninguno
  • Laundry Features: None
  • Levels: One
  • Living Area: 1056
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: Private Yard
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 60x50
  • Lot Size Square Feet: 3001
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Frame
  • Direction Faces: South
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Private Mailbox,Private Yard
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available,Cable Available,Electricity Connected,Public,Sewer Connected

Room Information

Room: Kitchen

  • Level: First

Room: Living Room

  • Level: First

Room: Primary Bedroom

  • Level: First

116 85TH AVENUE Neighborhood

Community

33706 (Treasure Island) Demographics

62
Median Age
1,714
Population Density (per sq. mile)
55%
College Educated
$76,277
Estimated Median Income
6,601
Estimated Total Home Owners
2,204
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

116 85TH AVENUE Monthly Cost

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$ %
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$
$
Meredith Medvec
Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

116 85TH AVENUE Market Data

Based on the last 30 days in this zip code

$1,061,796
Average List Price
$672
Average Price per Square Foot
38
Properties Sold
160
Average Days on Market
509
Properties for Sale
Calculations provided by Reliance Network

116 85TH AVENUE History

Date Event Value Agent
5/15/2026Source: My Florida Regional MLS Added to Database
May 15, 2026