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Overview

3 bd2 ba1,056 sqftSingle Family
TypeSingle Family
HOANone listed
Built1940
Lot3,001 sqft
Living area1,056 sqft
Price / sqft$330

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

NingunoPrivate MailboxPrivate Yard

116 85th Ave is a 1940-built home in Herrons Sub 7, Treasure Island. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,056 square feet of living space. Listed at $349,000 (about $330/sqft), 155 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
1940
Price / sqft
$330
On market
155 days
Annual tax
$2,199
Flood zone
AE
Lot
3,001 sqft
Type
Single Family Residence

At a glance

Single family
Built 1940
3,001 sqft lot
Lot size
1,056 sqft
Living area

Payment

Est. monthly payment
$2,178/mo
Down payment (20%)
$69,800
Property taxes
$183/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1940
Lot
3,001 sqft
Cooling
None
Heating
Electric
Parking
-
Days on Market
155
Ninguno
Private Mailbox
Private Yard
Elementary
Azalea Elementary-PN
Middle
Azalea Middle-PN
High
Boca Ciega High-PN

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone AE
Annual Tax (2025)
$2,199
Parcel #
25-31-15-38430-000-0110

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Herrons Sub 7
County
Pinellas
MLS Area
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size
3,001 sqft

Price history

Date
Event
Price
5/9/2026
Listed for sale
Source: Stellar MLS #TB8504922
$349,000
$330/sqft

Neighborhood

116 85th Ave
Treasure Island, FL, 33706 · 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl

Market insights

Offer Insights

Choose an offer strength

List price: $349,000
$337,500 – $349,000
97% – 100% of listTops out right at the list price
80% of listList price
80 of the last 158 home closings in 33706 landed at this number or higher (51%). The median one sat 67 days before it went under contract, and this one is on day 155.

Sample: 158 closed home sales in 33706 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,178/mo
Principal & interest$1,820
Property taxes$183
Insurance$175
Down payment20% · $69,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$349,000

$330 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,056 sq ft

Time on market

155 days

Year built

1940

Monthly payment

About $2,178/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,199 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered byKELLER WILLIAMS REALTY PORTFOLIO COLLECTIONListing agent: Emil VeltreListing data from Stellar MLS, MLS# TB8504922.

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