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This exceptional waterfront lot in the heart of Treasure Island offers a rare blend of lifestyle, location, and investment potential. Zoned for multifamily residential use with the ability to build up to five units per its current zoning, it’s the perfect canvas for a luxury townhome project, boutique rental property, or high-end vacation retreat.
Situated on a peaceful canal with direct boating access and no fixed bridges to the Gulf, this lot provides stunning water views and a true boater’s paradise. Not to mention it is just a short walk from some of Florida’s finest white-sand beaches—ranked among the best in the United States—you’ll also find an array of popular restaurants, beach bars, and shops just steps from your future doorstep. Whether for full-time residents or vacationers, this area offers a walkable, coastal lifestyle that’s hard to match.
Convenience is another major draw. The property is just 30 minutes from Tampa International Airport and only 15 minutes from downtown St. Petersburg, where you’ll find professional sports, vibrant nightlife, art galleries, and a dynamic culinary scene.
With its unmatched location, flexible zoning, and strong demand for coastal living, this Treasure Island lot presents an outstanding opportunity for developers or visionary buyers to create something truly special.
Opportunities like this don’t come around often—schedule a visit today and start planning your next great project on Florida’s Gulf Coast.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,795,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,236,000 | $2,236,000 | $2,236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.739% | 6.581% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,586 | $14,317 | $19,325 |
Total Monthly Payment | $13,711 | $14,442 | $19,450 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.