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Kitty Vallejo
REALTOR®

12609 Sunshine Lane, Treasure Island, FL 33706

$3,250,000
  • 12609 Sunshine Lane, Treasure Island, FL 33706 Main Photo

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Active
BEDS5 BATHS3 full SQUARE FEET2,028 MLS#W7885505
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCONEY ISLAND

Property Description

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 d?cor, 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 invluded that is in front of the lot with the houses.

12609 Sunshine Lane | MLS# W7885505

This single family home located at 12609 Sunshine Lane, Treasure Island, FL 33706 is currently listed for sale with an asking price of $3,250,000. This property was built in 1951 and has 5 bedrooms and 3 full baths with 2028 sq. ft. Sunshine Lane is located in the CONEY ISLAND subdivision. Search CONEY ISLAND real estate on kitty.floridaexecutiverealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Electric, Heat Pump
Lot Size: 0.28 Acres
Roof Type: Built-Up
Stories: 2.0
Taxes: $5,293
Year Built: 1951

Amenities

Ceiling Fans(s)
Stone Counters
Window Treatments
Lighting
Private Entrance
Private Yard

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Body of Water: GULF OF MEXICO
Days on Site: 44
Directions: Driving South on Gulf Blvd and go over the bridge.Take your first right onto 127th.Take your first left onto Sunshine Lane.It is on your right.
Exterior: Block, Frame
Flood Zone Code: AE
Flooring: Luxury Vinyl, Tile
Foundation: Slab, Stilt/On Piling
Frontage Gulf Ocean: 40
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.28
Other Equipment: Private Entrance, Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Utilities: Cable Connected, Electricity Connected, Sewer Connected
Water: Public
Water Access: Beach, Gulf/Ocean
Water Access Y/N: Yes
Waterfront Features: Beach Front, Gulf/Ocean
Water View: Beach, Gulf/Ocean - Full

Room Sizes

Living Room: 24x16
Dining Room: 12x10
Kitchen: 12x10
Primary Bedroom: 17x10
Bedroom 2: 11x10
Bedroom 3: 10x10
Bathroom 1: 8x5
Bathroom 2: 8x5
Balcony/Porch/Lanai: 30x26
Living Room: 15x10
Dining Room: 13x8
Kitchen: 13x8
Bedroom 4: 13x12
Bedroom 5: 12x11
Bathroom 3: 8x5

Listed By / Shown By

Listed By

Agency Name: DALTON WADE INC
Agency Contact: 888-668-8283

Shown By

Agent Name: Kitty Vallejo
Agent Phone: (813) 215-9718
Agency Title: Florida Executive Realty

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Estimated Payment

$ 8,622.09 per month $7,233.09 Principal & Interest $441.08 Property Tax $947.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/19/2026. The listing information on this page last changed on 06/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/19/2026 12:00:30 AM EST) or Stellar MLS (last updated Thu 06/18/2026 11:44:34 PM EST). Real estate listings held by brokerage firms other than Florida Executive Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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