USAFLTreasure IslandConey Island12620 Lagoon Ln
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$999,000

For Sale

6 months ago

12620 Lagoon Ln, Treasure Island, FL

House

MLS® TB8492350

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $4,969
Days Active 194
Lot Size 0.26 Acres
Approx. Age 
MLS® Number TB8492350

Property Address: 12620 Lagoon Ln, TREASURE ISLAND, FL, 33706-5030

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberTB8492350
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 31, 2026List Date
$999,000List Price
  • Commute

Commute

Starting Address
Destination Address
12620 Lagoon Ln, Treasure Island, FL

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