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11855 1st Street

Treasure Island, FL 33706
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SqFt9,984

Sqft(Lot)

Acres0.22

Acre(Lot)

MAJOR PRICE IMPROVEMENT!!! Very rare opportunity…... This property is an excellent investment possibility or the perfect location for your future dream home! This amazing waterfront property is located just over one block from the gorgeous wide sandy beaches on the Gulf and only 8 blocks to world famous John’s Pass! This lot boasts approximately 80 feet of protected water frontage on nearly 10,000 square feet of land. There is also a large dock with a 24,000lb boat lift and an additional wet slip. For those interested in an unparalleled investment opportunity, this property is zoned RFM-30. This unrestricted zoning permits a multi-family structure of up to 4 units, with an approved variance. As an added bonus, this zoning also permits short term/tourist rental use with “no change of o ccupancy restrictions”. There’s more – RFM-30 also permits hotel/motel use, which would allow for a quant boutique property of up to 7 motel units, with an approved variance. This huge lot could also be the perfect space to build your own waterfront dream home. This is a boater’s delight with protected deep water and a very short run out to the Gulf through world famous John’s Pass. The options are endless on this rare property. This is currently the ONLY waterfront lot currently available on Treasure Island with the RFM-30 zoning and a short walk to the beach as well. While the previous single-family home has already been meticulously removed, there is a garage remaining, as well as driveway and patios. This allows you to park your boat at the large dock with lift and immediately begin enjoying your new waterfront oasis while you design your dream home or investment opportunity! This amazing property is definitely priced to sell and is awaiting your vision for the future development of this wonderful property.

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Detail Ic Property Details

Property Type : Land

Price : $1,295,000

AD Id : 65687451

MLS Id : MFRTB8402631

Lot Size : 0.22 Acre(Lot)

Living Area Size : 9,984

County : Pinellas

Subdivision: Treasure Island City Of

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Feature Features

  • Water Source

    Water front: 1
    WaterSource: Public

  • Lot Information

    Lot Dimensions: 75 x 132 Lot Description: Buildable, Compact Soil, Corner Lot, Curb and Gutters, Flood Plain/Bottom Land, City Limits, Landscaped, Level, Street Lights, Paved Lot Square Feet: 9984 Lot Acres: 0.22 Lot Size (SqMt): 928

    Property Information

    Property Type: Land

  • Listing Price Information

    Original List Price:$1500000

  • Tax Information

    Tax Block: 000 Tax Book Number: 27-62 Tax Lot: 0010 Tax Legal Description: Treasure Island, City of 2nd Add. Lot 1 & Rip. Rts. Annual Tax: $17236 Tax Year: 2024 Parcel Number: 31-15-23-91872-000-0010

  • Utility Information

    Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: TREASURE ISLAND CITY OF City: TREASURE ISLAND Direction: Gulf Blvd. to 119th Avenue, East to 1st Street East/Lagoon Lane, Subject property located on south east corner.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
8405 Bayshore Drive, Treasure Island, FL, 33706 $1,299,000 -- -- 7,553 0.17 Acre(Lot)
8430 W Gulf Boulevard, Treasure Island, FL, 33706 $2,800,000 -- -- 7,971 0.18 Acre(Lot)
4 Bellevue Drive, Treasure Island, FL, 33706 $996,000 -- -- 9,518 0.22 Acre(Lot)
8586 E Bay Drive, Treasure Island, FL, 33706 $425,000 -- -- 4,652 0.11 Acre(Lot)
27 Dolphin Drive, Treasure Island, FL, 33706 $975,000 -- -- 11,029 0.25 Acre(Lot)
201 90th Avenue, Treasure Island, FL, 33706 $950,000 -- -- 7,113 0.16 Acre(Lot)
130 90th Avenue, Treasure Island, FL, 33706 $350,000 -- -- 4,260 0.10 Acre(Lot)
140 92nd Avenue, Treasure Island, FL, 33706 $549,900 -- -- 6,408 0.15 Acre(Lot)
122 87th Avenue, Treasure Island, FL, 33706 $350,000 -- -- 2,496 0.06 Acre(Lot)
140 95th Avenue, Treasure Island, FL, 33706 $380,000 -- -- 2,574 0.06 Acre(Lot)
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ByOwner last updated this listing 06/23/2026 @ 18:20

MLS: MFRMLS #TB8402631 LISTED BY: Bob Meyers, Jr, WEICHERT REALTORS EXCLUSIVE PROPERTIES 813-426-2669 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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