Incredible investment opportunity awaits in highly desirable Treasure Island, Florida…Located just one block from the pristine beaches of the Gulf of Mexico, this property is offered at land value due to flooding from Hurricane Helene. Zoned RFM-30, it offers remarkable flexibility with no rental restrictions, making it perfect for building a lucrative short-term vacation rental or your dream coastal getaway. Benefit from convenient alley access and private off-street parking, along with a pedestrian crosswalk directly in front of the property and two beach access pathways for effortless trips to the sand. Just a short stroll away, you’ll find the vibrant John's Pass Boardwalk, renowned for its unique shopping, waterfront dining, lively bars, fishing charters, dolphin watching, and water sports. Additionally, this property is walkable to many popular restaurants, bars, Treasure Island Boardwalk and more. Embrace this exceptional chance to create your ideal beachside home or income-producing property in one of Florida’s most sought-after locations!