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12609 Sunshine Ln, Treasure Island, FL 33706
12609 Sunshine Ln, Treasure Island, FL 33706 3D Tour
12609 Sunshine Ln, Treasure Island, FL 33706 Explore 3D Tour
12609 Sunshine Ln, Treasure Island, FL 33706
12609 Sunshine Ln, Treasure Island, FL 33706
12609 Sunshine Ln, Treasure Island, FL 33706
12609 Sunshine Ln, Treasure Island, FL 33706

12609 Sunshine Ln Treasure Island, FL 33706

$3,250,000

ACTIVE
Beds
5
Baths
3
Sqft
2,028
Acres
0.28
Year
1951
Days on Site
63
Property Type
Residential
Sub Type
Single Family
Per Square Foot
$1,603
Date Listed
May 5, 2026

Description of 12609 Sunshine Ln, Treasure Island, FL 33706

Listing details for 12609 Sunshine Ln, 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 invluded that is in front of the lot with the houses.
Listing Updated : 06-15-2026 at 3:06 PM EDT
Listing Provided By : Robert Bello, JR, 888-668-8283, DALTON WADE INC
Source :

Stellar MLS as distributed by MLS GRID, MLS#: MFRW7885505

For more information on this listing contact us at (727) 533-5815

Property History

DateEventPrice
5/5/2026
Listed for sale
$3,250,000 +85.7%
$1,603/sqft
Source:Stellar MLS #MFRW7885505
5/16/2025
Sold
$1,750,000 0%
$863/sqft
Source:Stellar MLS #MFRTB8378386
5/4/2025
Listed for sale
$1,750,000 +75987%
$863/sqft
Source:Stellar MLS #MFRTB8378386
12/21/2023
Leased
$2,300 -8%
$1/sqft
Source:Stellar MLS #MFRT3454891
6/22/2023
Listed for Rent
$2,500
$1/sqft
Source:Stellar MLS #MFRT3454891
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Based on information submitted to the MLS GRID as of 2026-06-15. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

For more information on this listing contact us at (727) 533-5815