$9,000,000

155 121st Avenue

Treasure Island, FL 33706

Active
0
Baths
0.81
Acres
1994
Built
$255/sqft360° tour

About this home

Incredible investment opportunity just steps from the sandy shores of Treasure Island! This unique commercial package includes three adjoining parcels offering exceptional development potential. The lots are situated on almost 1 acre of land in the Resort Facility High (50 units per acre) zoning of Treasure Island, perfectly positioned for a new business or resort venture. Whether you envision creating a boutique beachside resort, building out a high-demand short-term rental portfolio, or combining commercial and residential elements into a versatile income-producing property, the possibilities here are endless. Prime location on the beach, close to shopping, dining, and entertainment, .5 of a mile to John's Pass—don’t miss your chance to develop or invest in one of Treasure Island’s most sought-after areas.

Estimated monthly payment

$50,337/mo

Principal & interest$45,509
Property taxes$703
Home insurance (est.)$4,125

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history304 days on market

  1. Status: Active
    Jul 21, 2025
  2. Listed$12,000,000
    Jul 21, 2025
  3. Price reduced$9,000,000

Virtual Tour

Facts & features

Property type
Commercial Sale
Sub type
Hotel/Motel
Status
Active
Days on market
304
Subdivision
Coney Island
County
Pinellas
Year built
1994
Price/sq ft
$255
Building area
35,283 sq ft (Owner)
Lot size
35,283 sq ft
Lot category
1/2 to less than 1
Flood zone
AE
Annual taxes
$8,439 (2024)
Parcel #
15-31-15-17784-014-0010
MLS #
TB8409486

Heating & Cooling

Cooling
None

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Listing terms
Cash
Ownership
Sole Proprietor

Exterior & Construction

Construction materials
Other
Foundation
Other
Road surface
Asphalt

Listing Details

Listing date
2025-07-21
On market date
2025-07-21
Original list price
$12,000,000
MLS area
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Listing AOR
Suncoast Tampa
Status changed
2025-07-21
Tax legal description
CONEY ISLAND BLK 14, LOT 1 & NE'LY 1/2 OF VAC 1ST ST W ADJ ON SW & EXT TO CENTER LINE OF 121ST AVE (PER O.R. 10736/1957) (SEE N 23-31-15)

Location

Flood zone
AE

Directions

Heading West on 1st Ave N, Turn left onto Pasadena Ave N. Turn right onto Central Ave N. Continue onto Treasure Island Causeway. Slight right onto 108th Ave. Turn right onto Gulf Blvd. Turn left onto 121st Ave, right on sunshine ln and the properties will be on the left.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information 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.

Based on information submitted to the MLS GRID as of May 21, 2026 at 12:17 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA