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Active - Land for sale
12620 LAGOON LANE, Treasure Island, FL
Facts & features
Why you’ll love it
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.
Listings courtesy of REALTY EXPERTS as distributed by MLS GRID.
Listed by: Donna Hildebrand, Llc • hildebrandhomes@gmail.com • REALTY EXPERTS
Co-listed by: REALTY EXPERTS
Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8492350
Based on info available as of Nov 13, 2026 at 12:33 PM EST.
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Affordability
$5,466/mo
- Mortgage$5,051
- Property tax$414
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$19,980 Credit back
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Travel times
About Coney Island
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone AE
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 10 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. 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.
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$19,980 Credit back
