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11855 1st Street East

Treasure Island, FL 33706

– beds
– baths
– sqft
9,984 sqft lot
– on site

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 occupancy 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 one of only two waterfront lots currently available on Treasure Island with RFM-30 zoning and a short walk to the beach! 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 and immediately begin enjoying your new waterfront oasis while you design your dream home or investment opportunity! This one is priced to sell and won’t last long!

Listing courtesy of STELLAR_MLS / WEICHERT REALTORS EXCLUSIVE PROPERTIES

Last checked: Checking… • Last updated Jul 2, 2025 •

MLS# TB8402631 —

The Building

Building Area Units:

Square Feet

Room Dimensions

Living Area Units:

Square Feet

Location

Directions:

Gulf Blvd. to 119th Avenue, East to 1st Street East/Lagoon Lane, Subject property located on south east corner.
Latitude:

27.777088
Longitude:

-82.775899
Coordinates:

-82.775899, 27.777088

The Property

Parcel Number:

311523918720000010
Property Type:

Land
Lot Features:

Buildable
Lot Size Acres:

0.22
Lot Size Area:

9984
Lot Size SqFt:

9984
Lot Size Dimensions:

75 x 132
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RFM-30
Current Use:

Mixed Use
Direction Faces:

West
View:

Water
View:

true
Fencing:

Partial
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Street Lights
Flood Zone Code:

AE
Flood Zone Panel:

12103C0194H
Additional Parcels:

false
Price Per Acre:

6818182

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

0010
Tax Legal Description:

Treasure Island, City of 2nd Add. Lot 1 & Rip. Rts.
Tax Book Number:

27-62
Tax Annual Amount:

$17,236

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8402631
Special Listing Conditions:

None

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

The Community

Subdivision Name:

TREASURE ISLAND CITY OF
Waterview:

Bay/Harbor - Partial
Waterview:

true
Water Access:

Bay/Harbor
Water Access:

true
Water Extras:

Boat Port
Waterfront:

true
Waterfront Features:

Canal - Saltwater
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple
Waterfront Feet Total:

80

Extra Units

Other Structures:

Other

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/1/25 Jul 1, 2025	Listed / Active	STELLAR_MLS	$1,500,000

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This plot of land located in Isle of Capri, Treasure Island, FL 33706 is currently for sale for $1,500,000. 11855 1st Street East is a – square foot plot of land with – beds and – baths that has been on Estately for 1 days. 11855 1st Street East is in the Isle of Capri neighborhood of Treasure Island and has a WalkScore® of 41, making it car-dependent. This plot of land is in the attendance area of Boca Ciega High School.

Listing Courtesy of: STELLAR_MLS and WEICHERT REALTORS EXCLUSIVE PROPERTIES.

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.