12609 SUNSHINE LANE, TREASURE ISLAND, FL 33706

$3,250,0005 Beds3 Baths2,028 Sq. Ft.$1,603 / sq. ft.

TREASURE ISLAND, FL 33706 · MLS# W7888215 · Active · CONEY ISLAND

Status
Active
Type
Duplex
Year Built
1951
Days on Market
1
Lot Size
3,838 sqft
MLS #
W7888215
County
Pinellas

Description of 12609 SUNSHINE LANE, TREASURE ISLAND, FL 33706

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. The Pink Flamingo offers spacious accommodations, vibrant retro-inspired décor, and breathtaking Gulf views that make every stay unforgettable. Just steps away, The Blue Dolphin complements the experience with its own distinctive personality and inviting atmosphere, creating the perfect pairing for larger groups, extended families, or dual rental opportunities. Together, they form a one-of-a-kind beachfront compound that simply cannot be replicated. Step outside and the Gulf of Mexico becomes your backyard. Spend your mornings with coffee overlooking the water, your afternoons with your toes in the sugar-white sand, and your evenings watching spectacular sunsets from your private beachfront oasis. It's the quintessential Florida lifestyle that guests rave about and one that few properties can truly offer. For investors, the value extends well beyond the real estate itself. You're acquiring an established hospitality business with a proven operating history, exceptional guest satisfaction, and a recognizable identity that sets it apart in a competitive market. The combination of all 5-star ratings, repeat clientele, and turnkey operations provides a solid foundation for continued success from day one. Perfectly situated in the heart of Treasure Island, you're just minutes from waterfront dining, shopping, boating, entertainment, and John's Pass while still enjoying the privacy and tranquility of direct beachfront living. Properties offering two separate Gulf-front homes, a proven six-figure income stream, distinctive branding, modern upgrades, and an irreplaceable location are extraordinarily rare. The Pink Flamingo and The Blue Dolphin are more than vacation rentals—they are beloved destinations that blend nostalgia, luxury, and investment potential into one unforgettable opportunity. Note - There is also a second lot included that is in front of the lot with the houses.

Property Details for 12609 SUNSHINE LANE, TREASURE ISLAND, FL 33706

Interior Features
Ceiling Fan(s), Stone Counters, Window Treatments
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring
Luxury Vinyl, Tile
Heating
Central, Electric, Heat Pump
Cooling
Central Air, Mini-Split Unit(s)
Furnished
Furnished
Pool Private
No

Building Information for 12609 SUNSHINE LANE, TREASURE ISLAND, FL 33706

Building Area Total
2028
Building Area Units
Square Feet
Association
No

Property Information for 12609 SUNSHINE LANE, TREASURE ISLAND, FL 33706

Lot Size Square Feet
3,838
Waterfront
Yes
Waterfront Features
Beach, Gulf/Ocean
View
No
Construction Materials
Block, Wood Frame
Roof
Built-Up
Exterior Features
Lighting, Private Entrance, Private Yard
Sewer
Public Sewer
Water Source
Public
New Construction
No

Public Records for 12609 SUNSHINE LANE, TREASURE ISLAND, FL 33706

Parcel Number
153115177840040030
Tax Annual Amount
$5,294
Tax Year
2025
Tax Legal Description
CONEY ISLAND BLK 4, LOT 3
County Or Parish
Pinellas

Payment Calculator

Estimated Payment
$18,500/mo
Principal & Interest
$16,434
Property Taxes
$441
Home Insurance
$1,625

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

12609 SUNSHINE LANE, TREASURE ISLAND, FL 33706 · See all Treasure Island homes for sale

More information about 12609 SUNSHINE LANE, TREASURE ISLAND, FL 33706

12609 SUNSHINE LANE is a multi-family home for sale in TREASURE ISLAND, FL 33706. This property was listed for sale on August 2, 2026 by DALTON WADE INC, it's currently listed at $3,250,000. This listing's school district is Pinellas Public Schools. 12609 SUNSHINE LANE is a 5-bed, 3-bath, 2,028 sqft multi-family home built in 1951.