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540 115th Avenue

Treasure Island, FL 33706

5 beds
2 baths
2,234 sqft
7,701 sqft lot
$400 per sqft
1957 build
– on site

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!

Listing courtesy of STELLAR_MLS / COASTAL PROPERTIES GROUP

Last checked: Checking… • Last updated Apr 14, 2025 •

MLS# TB8365681 —

The Building

Year Built:

1957
New Construction:

false
Architectural Style:

Ranch
Construction Materials:

Block
Levels:

One
Stories Total:

1
Roof:

Metal
Foundation Details:

Slab
Building Area Total:

3250
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

High Ceilings
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

2234
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Gulf Blvd. on Treasure Island, turn at the light at 112th Ave., next to the Waffle House. Veer left at the park. Turn right onto 115th Ave. Property will be on the left.
Latitude:

27.778129
Longitude:

-82.767359
Coordinates:

-82.767359, 27.778129

The Property

Parcel Number:

233115435060010160
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Features:

FloodZone
Lot Size Acres:

0.18
Lot Size Area:

7701
Lot Size SqFt:

7701
Lot Size Dimensions:

70 x 110
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Direction Faces:

South
View:

Water
View:

true
Exterior Features:

Private Mailbox
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

16
Tax Block:

1
Tax Legal Description:

ISLE OF PALMS 2ND ADD BLK 1, LOT 16
Tax Book Number:

39-28
Tax Annual Amount:

$5,047.24

Beds

Bedrooms Total:

5

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8365681
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

None
Laundry Features:

In Garage

The Community

Subdivision Name:

ISLE OF PALMS 2ND ADD
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Monthly cost estimate

Asking price

$895,000

Expense	Monthly cost
Mortgage	$4,792
Taxes	$420
Insurance	$246
Utilities	$226 See report
Total	$5,684/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/14/25 Apr 14, 2025	Price Changed	STELLAR_MLS	$895,000	-3.2%
3/30/25 Mar 30, 2025	Listed / Active	STELLAR_MLS	$925,000

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This house located in Isle of Capri, Treasure Island, FL 33706 is currently for sale for $895,000. 540 115th Avenue is a 2,234 square foot house with 5 beds and 2 baths that has been on Estately for 30 days. 540 115th Avenue is in the Isle of Capri neighborhood of Treasure Island and has a WalkScore® of 16, making it car-dependent. This house is in the attendance area of Boca Ciega High School.

Listing Courtesy of: STELLAR_MLS and COASTAL PROPERTIES GROUP.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.