12609 SUNSHINE LANE
Treasure Island, FL 33706
$3,240,000
Own one of Treasure Island's rarest beachfront compounds. Featuring The Pink Flamingo and The Blue Dolphin—two fully renovated Gulf-front homes generating nearly $300,000 in annual gross rental income—this turnkey legacy property offers the perfect blend of luxury living, proven cash flow, and irreplaceable direct beach frontage. Celebrated for their distinctive 1950s retro coastal theme, The Pink Flamingo and The Blue Dolphin have become iconic beachfront destinations, where vintage Old Florida charm meets modern comfort. Every detail has been thoughtfully designed to capture the nostalgia of a bygone era while providing today's guests with the quality and amenities they expect. The result is a truly memorable experience that has earned nothing but 5-star reviews and a loyal base of repeat visitors who return year after year. Behind the timeless aesthetic lies a property that has been meticulously updated for peace of mind and long-term value. Both homes feature impact-rated windows and doors, combining enhanced storm protection with energy efficiency, quiet interiors, and abundant natural light—all while preserving their unique character and curb appeal. With an established rental business, proven financial performance, and nearly $300,000 in annual gross revenue, you'll step into immediate cash flow while enjoying the flexibility to use the property however you choose. Live in one home and rent the other, continue operating both as premier vacation rentals, or create the ultimate multi-generational beachfront retreat for family and friends. ...
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Listing Courtesy of: DALTON WADE INC
888-668-8283
| Listing Id: | W7888215 |
|---|---|
| List Price: | $3,240,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 3 |
| Living Area: | 2,028 |
| Tax Annual Amount: | $5,294 |
| Lot Size Square Feet: | 3,838 |
| Lot Size Acres: | 0.28 |
| Waterfront?: | Yes |
| City: | Treasure Island |
| County Or Parish: | Pinellas |
| Subdivision Name: | Coney Island |
| Postal Code: | 33706 |
| Year Built: | 1951 |
| Additional Parcels?: | Yes |
| Appliances: | Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer |
| Bathrooms Total Integer: | 3 |
| Building Area Source: | Owner |
| Building Area Total: | 2028 |
| Building Area Units: | Square Feet |
| Foundation Details: | Slab, Stilt/On Piling |
| Construction Materials: | Block, Frame |
| Cooling: | Central Air, Mini-Split Unit(s) |
| Directions: | From Gulf Blvd, make a right onto and then make a right onto Sunshine Lane. It is on the left. |
| Exterior Features: | Lighting, Private Entrance, Private Yard |
| Flooring: | Luxury Vinyl, Tile |
| Furnished: | Furnished |
| Heating: | Central, Electric, Heat Pump |
| Interior Features: | Ceiling Fans(s), Stone Counters, Window Treatments |
| Laundry Features: | Outside |
| Levels: | Two |
| Ownership: | Fee Simple |
| Living Area Source: | Owner |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.28 |
| Lot Size Dimensions: | 39x100 |
| Postal Code Plus4: | 5039 |
| MLS Area Major: | 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl |
| MLS Area Major: | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Original List Price: | $3,250,000 |
| Other Equipment: | Private Entrance, Private Yard |
| Parcel Number: | 15-31-15-17784-004-0030 |
| Township: | 31 |
| Road Surface Type: | Asphalt |
| Roof: | Built-Up |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| Water Body Name: | GULF OF MEXICO |
| State Or Province: | FL |
| Additional Parcels Description: | 22-31-15-17820-008-0030 |
| Utilities: | Cable Connected, Electricity Connected, Sewer Connected |
| View: | Beach, Gulf/Ocean - Full |
| Water Source: | Public |
| Number Of Lots: | 2 |
| Public Survey Range: | 15 |
| Public Survey Section: | 15 |
| Waterfront Features: | Beach Front, Gulf/Ocean |
| Alternate Key Folio Num: | 153115177840040030 |
| Annual Net Income: | 211250.00 |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 188.41 |
| Calculated List Price By Calcula: | 1597.63 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/W7888215?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/W7888215?w=Customer |
| Dpryn: | No |
| Flood Zone Code: | AE |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 188.41 |
| Lot Size Square Meters: | 357 |
| Minimum Lease: | 1-7 Days |
| Realtor Info: | List Agent is Owner |
| Sdeo yn: | No |
| Total Acreage: | 1/4 to less than 1/2 |
| Total Num Buildings: | 2 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access: | Beach, Gulf/Ocean |
| Water Access Yn: | Yes |
| Water Extras Yn: | No |
| Water Frontage Feet Gulf Ocean: | 40 |
| Waterfront Feet Total: | 80 |
| Water View: | Yes |
| Association 2 Yn: | 0 |
| Attribution Contact: | 888-668-8283 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| Water Frontage Feet Beach: | 40 |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-08-02 |
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Property Last Updated: October 08, 2026 06:12 PM - ET























































