Land at 12620 LAGOON LN, TREASURE ISLAND
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9 photos

$999,000

12620 LAGOON LN
TREASURE ISLAND, FL 33706
Listed by REALTY EXPERTS
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

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.

Highlights

Waterfront

Property details

MLS #
MFRTB8492350
Property type
Land
Subdivision
CONEY ISLAND
Status
Active
Days on market
154
On market date
March 31, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.26 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
MADEIRA BEACH FUNDAMENTAL K-8
1.99 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,346
Student:teacher ratio
19.5:1
District
PINELLAS
Middle
AZALEA MIDDLE SCHOOL
2.26 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
807
Student:teacher ratio
18.8:1
District
PINELLAS
HighCharter
ST. PETERSBURG COLLEGIATE HIGH SCHOOL
3.14 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
240
Student:teacher ratio
48.0:1
District
PINELLAS

Walkability

Blended score for TREASURE ISLAND's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

74
Walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable
Nearby-amenity density
75 / 100
Restaurants & cafes20
Grocery stores1
Parks3
Schools2
Transit stops20
Pharmacies1

Mortgage calculator

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Est. monthly payment
$6,166/mo
$199,800 down
$799,200 loan
Principal & interest$5,184
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 23 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.