12306 LAGOON LANE

TREASURE ISLAND, FL 33706

One house, two house, three house, four… the endless possibilities are yours! The potential is limitless with this exceptional development opportunity in the coveted Coney Island neighborhood of Treasure Island. This waterfront property, just three blocks from the beach and a short bike ride to John’s Pass Village and Boardwalk, offers unparalleled possibilities. Prefer a single-family home? This site is perfect for your waterfront dream home, complete with an existing dock. The property is ready for immediate development with water, sewer, and reclaimed water already on site. Imagine building 3-4 luxurious beach townhomes on this 11,920+/- SF waterfront parcel, with Treasure Island zoning allowing for 15 units per acre. The water rights and existing dock opens up the potential for 3-4 boat slips. Comparable townhomes in the area have sold for an impressive $1,550,000 to $1,675,000. Its residential zoning designation makes it a prime candidate for a profitable beach townhome project or an exquisite beach home. Don’t miss out on this unique opportunity to capitalize this highly-desired beach location. Seize this chance to make your vision a reality in Treasure Island!

Listing courtesy of RACHEL SARTAIN TENPENNY, LLC 7277427939



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Data last updated at: 2024-10-29 08:00 PM EDT