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- Description
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- Facts & Features
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$3,189,000
Monthly Est:$15,873
5 Beds
- 3 Baths
2,028sqft
12609 Sunshine Ln, Treasure Island, FL 33706
$3,189,000
$15,873/moEst:
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Duplex
Built in 1951
$-- HOA
3,838 sqft lot
$1,572/sq.ft
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 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.
- Houzeo last checked: 3 hours ago
- Listing updated: November 1, 2026 at 12:07 am
- Listing Provided by: Robert Bello, JR (609) 743-0650 | DALTON WADE INC (888) 668-8283
- Source: Stellar MLS-FL as distributed by MLS GRID | MLS#: W7888215

This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1951
HOA Fees
-
Finished Area
2,028 sqft
Lot Size
3,838 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
W7888215
MLS Status
Active
Days on Market
93
Cumulative Days on Market
90

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Interior
Flooring
Luxury Vinyl, Tile
Interior Features
Ceiling Fans(s), Stone Counters, Window Treatments
Sewer
Public Sewer
Exterior Features
Lighting, Private Entrance, Private Yard
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Cooling
Central Air, Mini Split Unit(s)
Heating
Central, Electric, Heat Pump
Construction
Year Built
Year Built: 1951
Home type
Duplex
Foundation Details
Slab, Stilt/on Piling
Construction Materials
Block, Frame
Roof
Built Up
Utilities & Energy
Laundry Features
Outside
Utilities
Cable Connected, Electricity Connected, Sewer Connected
Water Source
Public
Other Features
Subdivision Name
Coney Island
Price History
| Date | Event | Price |
|---|---|---|
10/17/2026 Source: | Listed for Sale | $3,190,000 -1.54% $1,573/sqft |
10/06/2026 Source: | Listing Removed | $3,240,000 $1,598/sqft |
09/25/2026 Source: | Price Increased | $3,240,000 +1.60% $1,598/sqft |
08/03/2026 Source: | Price Increased | $3,189,000 +82.23% $1,572/sqft |
05/22/2025 Source: | Listed for Sale | $1,750,000 $863/sqft |
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Based on information from Stellar MLS® through Nov 04, 2026, 12:45PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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