8586 E BAY DRIVE, TREASURE ISLAND, FL, 33706
Active59 days on marketListed May 26, 2026MLS #TB8512413
About this home
8586 E BAY DRIVE
Rare opportunity to secure an oversized homesite in the highly sought-after Sunset Beach community of Treasure Island. Measuring approximately 4,652 square feet, this spacious lot offers more room than many currently available properties in the area, creating the perfect canvas to design and build your custom coastal dream home just steps from the sugar sand beaches and breathtaking Gulf sunsets. Positioned in one of the Gulf Coast’s most desirable beach communities, this property places you moments from public beach access, waterfront dining, local entertainment, marinas, and the laid-back lifestyle that makes Sunset Beach so special. Whether you envision a modern elevated coastal retreat, a luxury beach getaway, or a full-time residence designed to maximize water views and outdoor living, the possibilities here are exceptional. Surrounded by a blend of newly constructed homes and beautifully updated beach properties, the neighborhood continues to see strong demand and redevelopment, making this an attractive opportunity for both end users and investors alike. Enjoy convenient access to John's Pass Village & Boardwalk, downtown St. Petersburg, championship golf, boating, fishing, and endless coastal recreation — all while living only steps from one of Florida’s most iconic beaches.
Facts & features
The home at a glance
0.11 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,283 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,283/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Treasure Island
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Treasure Island. See the full Treasure Island guide →
TREASURE ISLAND 33706 — neighborhood snapshot
Population
15,347
Median age
62.2
Median income
$97,364
Median home value
$616,800
Avg household
1.79
Households w/ children
453
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Treasure Island market
$685K → $648K
Treasure Island median sold, yr/yr
93.5%
Sale-to-list ratio (12 mo)
Median sold price, Treasure Island, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 6% below the TREASURE ISLAND 33706 median. See the full Treasure Island market guide →
Paper trail
This home's history
Reality check
What actually sold near 8586 E BAY DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$180,000
6800 SUNSET WAY UNIT 701
0 bd · 1 ba · 310 sqft · $581/sqft · 29 DOM
Sold · Jun ’26$404,000
6700 SUNSET WAY UNIT 105
0 bd · 1 ba · 405 sqft · $998/sqft · 84 DOM
Sold · May ’26$278,000
7000 BEACH PLAZA UNIT 205
0 bd · 1 ba · 448 sqft · $621/sqft · 190 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 8586 E BAY DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8586 E BAY DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Straight answers
8586 E BAY DRIVE FAQs
What would the monthly payment be for 8586 E BAY DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,283/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 8586 E BAY DRIVE?+
The most recent tax bill on record (2025) was $5,202. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Treasure Island?+
At $425,000, this home is listed about 36% below the Treasure Island median of $659,000. The market section on this page shows how the area is trending.
Which schools are assigned to 8586 E BAY DRIVE?+
Azalea Middle School (middle), Azalea Elementary School (elementary), Boca Ciega High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of SEASALT PROPERTIES · Steven Charlton. MLS #TB8512413.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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