Listed price in listed location currency (USD).
$3,250,000

530

MLS® W7885505

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2028 sqft
Garage 
Taxes $5,294
Days Active 60
Lot Size 0.28 Acres
Approx. Age 1951
Avg. Price Per Sqft $1,602
MLS® Number W7885505

Property Address: 12609 Sunshine Ln, TREASURE ISLAND, FL, 33706-5039

Average square foot calculated using Size range provided by listing 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 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.
MLS® NumberW7885505
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1951
Basement
Driveway
Garage Spaces
HeatCentral, Electric, Heat Pump
A/CCentral Air, Mini-Split Unit(s)

Extras

Rooms

Kitchen:First Floor13 × 8 ft
Dining Room:First Floor13 × 8 ft
Other:First Floor17 × 10 ft
Bedroom 5:First Floor12 × 11 ft
Bathroom 3:First Floor8 × 5 ft
Bathroom 2:First Floor8 × 5 ft
Bedroom 2:First Floor11 × 10 ft
Other:Second Floor30 × 26 ft
Bedroom 4:First Floor13 × 12 ft
Bedroom 3:First Floor10 × 10 ft
Living Room:First Floor15 × 10 ft
Bathroom 1:Second Floor8 × 5 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

May 6, 2026List Date
$3,250,000List Price
May 6, 2025End Date
$1,750,000Sold Price

Sold

May 4, 2025List Date
$1,750,000List Price
Sep 25, 2023End Date
$2,300Sold Price

Leased

Jul 15, 2024List Date
$2,400List Price
  • Commute

Commute

Starting Address
Destination Address
12609 Sunshine Ln, Treasure Island, FL

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