Waterfront Opportunity on Treasure Island! Discover the potential of this spacious, open-concept home situated on an extra-wide canal with breathtaking big water views. Enjoy direct, easy access to the Intracoastal Waterway and the Gulf of Mexico, with no fixed bridges—a true boater’s paradise. While the home experienced flooding during Hurricane Helene, it has been remediated and is priced at land value, offering multiple excellent options. The property is not substantially damaged and can be renovated per FEMA’s 50% Rule, lifted, or cleared for a custom new build. The prime waterfront location and unparalleled views set this home apart from others on the island. Beyond your backyard, enjoy the charm of Treasure Island’s vibrant coastal community. Take a short stroll to the island’s expansive beaches, home to Sanding Ovations, an international sand sculpting competition held every fall. From free concerts in the park to kite competitions, locally-owned seafood restaurants, and live music at waterfront bars, there’s always something happening. Or, simply unwind on your private dock, taking in stunning sunsets over the water. Don’t miss this rare opportunity to create your dream waterfront retreat!
Property Details
Price:
$925,000
MLS #:
TB8365681
Status:
Active
Beds:
5
Baths:
2
Address:
540 115TH AVENUE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ISLE OF PALMS 2ND ADD
Neighborhood:
33706 – Pass a Grille Bch/St Pete Bch/Treasure Isl
City:
TREASURE ISLAND
Listed Date:
Mar 30, 2025
State:
FL
Finished Sq Ft:
3,250
Total Sq Ft:
3,250
ZIP:
33706
Lot Size:
7,701 sqft / 0.18 acres (approx)
Year Built:
1957
Schools
Interior
Appliances
None
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Central
Laundry Features
In Garage
Exterior
Architectural Style
Ranch
Construction Materials
Block, Stucco
Exterior Features
Private Mailbox
Roof
Metal
Financial
Tax Year
2024
Taxes
$5,047
Map
Community
- Address540 115TH AVENUE TREASURE ISLAND FL
- SubdivisionISLE OF PALMS 2ND ADD
- CityTREASURE ISLAND
- CountyPinellas
- Zip Code33706
Similar Listings Nearby
- 5407 29TH AVENUE S
GULFPORT, FL$1,200,000
4.49 miles away
- 249 BOCA CIEGA DRIVE
MADEIRA BEACH, FL$1,200,000
1.28 miles away
- 1507 SEA GULL DRIVE S
ST PETERSBURG, FL$1,200,000
2.93 miles away
- 512 173RD AVENUE E
NORTH REDINGTON BEACH, FL$1,200,000
4.46 miles away
- 11500 GULF BOULEVARD UNIT 610
ST PETERSBURG, FL$1,199,000
0.53 miles away
- 8390 39TH AVENUE N
ST PETERSBURG, FL$1,199,000
2.11 miles away

540 115TH AVENUE
TREASURE ISLAND, FL
LIGHTBOX-IMAGES