# 12609 SUNSHINE Lane, Treasure Island, FL 33706 > **TL;DR:** 5bd/3ba multi-family, $3,190,000 ($1573/sqft), built 1951, 2,028 sqft. > Waterfront, View, A/C. Est. $17,060/mo. Listed 89 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,190,000 | | Price/sqft | $1573 | | Bedrooms | 5 | | Bathrooms | 3 full | | Square Feet | 2,028 | | Year Built | 1951 | | Lot Size | 12,197 sqft (0.28 acres) | | Stories | 2 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 89 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed - **Views** - Ocean ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $16,130 | | Estimated Insurance | $930 | | **Total** | **$17,060** | ## Key Amenities - Waterfront - View - A/C ## Property Highlights - Built in 1951 - 0.28 acre lot - 2 stories - Waterfront ## Description ### Agent 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 decor, 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. ## Location - **Address:** 12609 SUNSHINE Lane, Treasure Island, FL 33706 - **County:** Pinellas - **Neighborhood:** CONEY ISLAND - **Coordinates:** 27.779995, -82.781921 - **Google Maps:** https://www.google.com/maps?q=27.779995,-82.781921 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/stellar/W7888215 ## Listing Agent - **Name:** Robert Bello, JR - **Brokerage:** Dalton Wade, Inc. - **Broker Phone:** (727) 888-4175 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/12609-Sunshine-Ln_Treasure-Island_FL_33706_M51260-82215?f=listhub&s=MFRMLSFL&m=W7888215&c=propsimple) ## Photos ![12609 SUNSHINE Lane - Photo 1](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f357238599r.jpg) ![12609 SUNSHINE Lane - Photo 2](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f2942664918r.jpg) ![12609 SUNSHINE Lane - Photo 3](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f1512887184r.jpg) ![12609 SUNSHINE Lane - Photo 4](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f1274037379r.jpg) ![12609 SUNSHINE Lane - Photo 5](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3027219449r.jpg) ![12609 SUNSHINE Lane - Photo 6](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f451187147r.jpg) ![12609 SUNSHINE Lane - Photo 7](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f1699150922r.jpg) ![12609 SUNSHINE Lane - Photo 8](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3000376467r.jpg) ![12609 SUNSHINE Lane - Photo 9](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f4228689329r.jpg) ![12609 SUNSHINE Lane - Photo 10](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f237414644r.jpg) ![12609 SUNSHINE Lane - Photo 11](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f2364024312r.jpg) ![12609 SUNSHINE Lane - Photo 12](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f1446149197r.jpg) ![12609 SUNSHINE Lane - Photo 13](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f893538968r.jpg) ![12609 SUNSHINE Lane - 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Photo 24](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f837899679r.jpg) ![12609 SUNSHINE Lane - Photo 25](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f2364414858r.jpg) ![12609 SUNSHINE Lane - Photo 26](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f4053198627r.jpg) ![12609 SUNSHINE Lane - Photo 27](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f1693330998r.jpg) ![12609 SUNSHINE Lane - Photo 28](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f1707541985r.jpg) ![12609 SUNSHINE Lane - Photo 29](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f1808000476r.jpg) ![12609 SUNSHINE Lane - Photo 30](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f2495683610r.jpg) ![12609 SUNSHINE Lane - Photo 31](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3695290711r.jpg) ![12609 SUNSHINE Lane - Photo 32](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3108507473r.jpg) ![12609 SUNSHINE Lane - Photo 33](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3704455153r.jpg) ![12609 SUNSHINE Lane - Photo 34](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3006956566r.jpg) ![12609 SUNSHINE Lane - Photo 35](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3360445932r.jpg) ![12609 SUNSHINE Lane - Photo 36](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3746997174r.jpg) ![12609 SUNSHINE Lane - Photo 37](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f1999654288r.jpg) ![12609 SUNSHINE Lane - Photo 38](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f4211152360r.jpg) ![12609 SUNSHINE Lane - Photo 39](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f2271290698r.jpg) ![12609 SUNSHINE Lane - Photo 40](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3876518346r.jpg) ![12609 SUNSHINE Lane - Photo 41](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3118138210r.jpg) ![12609 SUNSHINE Lane - Photo 42](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f2208834873r.jpg) ![12609 SUNSHINE Lane - Photo 43](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f870090109r.jpg) ![12609 SUNSHINE Lane - Photo 44](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f660586638r.jpg) ![12609 SUNSHINE Lane - Photo 45](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f2754700948r.jpg) ![12609 SUNSHINE Lane - Photo 46](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f1106554040r.jpg) ![12609 SUNSHINE Lane - Photo 47](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f4244309408r.jpg) ![12609 SUNSHINE Lane - Photo 48](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f840174537r.jpg) ![12609 SUNSHINE Lane - Photo 49](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f1550221363r.jpg) ![12609 SUNSHINE Lane - Photo 50](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f700766125r.jpg) ![12609 SUNSHINE Lane - Photo 51](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f2705306067r.jpg) ![12609 SUNSHINE Lane - Photo 52](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f2266827377r.jpg) ![12609 SUNSHINE Lane - Photo 53](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f539220786r.jpg) ![12609 SUNSHINE Lane - Photo 54](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f2388081754r.jpg) ![12609 SUNSHINE Lane - Photo 55](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3674748894r.jpg) ![12609 SUNSHINE Lane - Photo 56](http://lh.rdcpix.com/1371e5ac98f1cfc0135e2b7a47d7336dl-f3974452919r.jpg) --- **MLS#:** W7888215 | **Updated:** 2026-10-26 **Source:** listhub *Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/12609-sunshine-lane-treasure-island-fl-33706-e76e7b4a685244bb910b302c8182b6e1) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/12609-sunshine-lane-treasure-island-fl-33706-e76e7b4a685244bb910b302c8182b6e1#listing", "url": "https://www.propertysimple.ai/listing/12609-sunshine-lane-treasure-island-fl-33706-e76e7b4a685244bb910b302c8182b6e1", "name": "12609 SUNSHINE Lane, Treasure Island, FL 33706", "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 decor, 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. 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