540 115th Avenue
Treasure Island, FL 33706
- 5 beds
- 2 baths
- 2,234 sqft
- 7,701 sqft lot
- $414 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!
Last checked:
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Last updated Mar 31, 2025
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MLS# TB8365681 —
The Building
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Year Built:1957
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New Construction:false
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Architectural Style:Ranch
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Construction Materials:Block
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Levels:One
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Stories Total:1
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Roof:Metal
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Foundation Details:Slab
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Building Area Total:3250
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:High Ceilings
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Flooring:Tile
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Fireplace:false
Room Dimensions
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Living Area:2234
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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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.
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Latitude:27.778129
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Longitude:-82.767359
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Coordinates:-82.767359, 27.778129
The Property
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Parcel Number:233115435060010160
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Property Type:Residential
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Property Subtype:Single Family Residence
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Lot Features:FloodZone
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Lot Size Acres:0.18
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Lot Size Area:7701
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Lot Size SqFt:7701
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Lot Size Dimensions:70 x 110
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Direction Faces:South
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View:Water
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View:true
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Exterior Features:Private Mailbox
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Water Source:Public
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Road Surface Type:Paved
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Flood Zone Code:AE
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Additional Parcels:false
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Homestead:true
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Lease Restrictions:true
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 457-5725
- Office phone:
- (727) 493-1555
Taxes
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Tax Year:2024
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Tax Lot:16
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Tax Block:1
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Tax Legal Description:ISLE OF PALMS 2ND ADD BLK 1, LOT 16
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Tax Book Number:39-28
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Tax Annual Amount:5047.24
Beds
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Bedrooms Total:5
Baths
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Total Baths:2
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8365681
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:None
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Laundry Features:In Garage
The Community
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Subdivision Name:ISLE OF PALMS 2ND ADD
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Senior Community:false
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Carport:false
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Covered Spaces:2
Monthly cost estimate

Asking price
$925,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,953
|
Taxes | $420 |
Insurance | $254 |
Utilities | $226 See report |
Total | $5,853/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/30/25
Mar 30, 2025
|
Listed / Active | STELLAR_MLS | $925,000 |