12620 Lagoon Lane, Treasure Island, FL 33706
Local realty services provided by:Bingham Realty ERA Powered
Listed by: donna hildebrand, llc.
Office: realty experts
MLS#:TB8492350
Source:MFRMLS
Price summary
- Price:$999,000
About this home
This is a land-focused investment opportunity in a prime boating location on Treasure Island. The existing structure is a tear-down. The value is in the 46' x 100' parcel, waterfront position, and development potential.
Zoned RM-15, the property allows for a personal luxury residence or potential multifamily development, including duplex, triplex, or quadplex uses, subject to applicable regulations, site requirements, and approvals. This zoning provides investors and developers with multiple options for maximizing the property’s potential, whether building a single luxury residence, multiple units, or an income-producing property.
The property includes 50 feet of deeded deep water beyond the dock, providing direct control of the waterfront area. The dock was repaired following the 2024 storms and includes a 10,000 lb boat lift. Located just off John’s Pass, the property offers protected water and quick access to the Gulf.
Public water and sewer are in place, and the existing structure has 200 amp electrical service. The property is on a quiet street set back from Gulf Blvd while remaining close to the beach, John’s Pass, restaurants, and other area amenities.
For an investor or developer, the combination of RM-15 zoning, multifamily development potential, a 46' x 100' parcel, deeded deep-water access, protected boating water, and proximity to John’s Pass makes this a property worth evaluating for its redevelopment potential. All development plans and uses are subject to verification with the appropriate municipal authorities....
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Home facts
- Subdivision & Development:CONEY ISLAND
- Listing ID #:TB8492350
- Added:188 day(s) ago
- Updated:October 05, 2026 at 04:34 PM
Structure and exterior
- Lot area:0.26 Acres
- Lot Features:Buildable
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$999,000
- Tax amount:$4,969 (2025)
Features and amenities
- Amenities:Electricity Available
- Pool features:Public Pool
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