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Ad #7677377
MLS #W7885505
Listing photo

Own one of Treasure Island's rarest beachfront compounds

12609 SUNSHINE LN, Treasure Island, FL 33706
$3,250,000
5Beds
3Baths
2,028Sqft
0.28Acres

About this property

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 invluded that is in front of the lot with the houses.

Property Features

5 Beds
3 Baths
2,028 Sqft
Built in 1951
0.28 Acres
On Beachfront
Siding: Block, Frame
Built-Up Roof
Central, Electric (Heating), Heat Pump (Heating)
$5,294 / yr property tax
Pinellas County
CONEY ISLAND Community

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Robert Bello, JR

Dalton Wade, Inc.

609-743-0650

Location

Map
Listing Agent: Robert Bello, JR (License #: 3382285) 609-743-0650
Broker: Dalton Wade, Inc. 727-888-4175 Listing Site
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.
BeachHouse.com
Printed Aug 12, 2026

Photo Gallery

Own one of Treasure Island's rarest beachfront compounds - photo 1
Own one of Treasure Island's rarest beachfront compounds - photo 2
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Own one of Treasure Island's rarest beachfront compounds - photo 41
Own one of Treasure Island's rarest beachfront compounds - photo 42
Own one of Treasure Island's rarest beachfront compounds - photo 43
Own one of Treasure Island's rarest beachfront compounds - photo 44
Own one of Treasure Island's rarest beachfront compounds - photo 45
Own one of Treasure Island's rarest beachfront compounds - photo 46
Own one of Treasure Island's rarest beachfront compounds - photo 47
Own one of Treasure Island's rarest beachfront compounds - photo 48
Own one of Treasure Island's rarest beachfront compounds - photo 49
Own one of Treasure Island's rarest beachfront compounds - photo 50

$3,250,000

5
Beds
3
Baths
2,028
Sqft

12609 SUNSHINE LN, Treasure Island, FL 33706

By contacting this agent you agree to these Terms and Conditions.
Home Florida Treasure Island
Own one of Treasure Island's rarest beachfront compounds - photo 1
Own one of Treasure Island's rarest beachfront compounds - photo 2
Own one of Treasure Island's rarest beachfront compounds - photo 3
Own one of Treasure Island's rarest beachfront compounds - photo 4
Own one of Treasure Island's rarest beachfront compounds - photo 5
MLS# W7885505
Home For Sale

Own one of Treasure Island's rarest beachfront compounds

$3,250,000

12609 SUNSHINE LN, Treasure Island, FL 33706

5
Beds
3
Baths
2,028
Sqft
0.28
Acres
$3,250,000
12609 SUNSHINE LN, Treasure Island, FL 33706
5 Beds
3 Baths
2,028 Sqft
0.28 Acres
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 invluded that is in front of the lot with the houses.
97 days
on BeachHouse.com
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Property Details

HOME DETAILS

5 Beds
3 Baths
2,028 Sqft
Built in 1951
0.28 Acres

BEACH & VIEW

On Beachfront

EXTERIOR

Siding: Block, Frame
Built-Up Roof

INTERIOR

Central, Electric (Heating), Heat Pump (Heating)

FINANCIAL & COMMUNITY

$5,294 / yr property tax
Pinellas County
CONEY ISLAND Community
See More Details

Location

Map
Open in Google Maps

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Ad Statistics

Ad Number
7677377
Viewed
87 times
Listing Status
Active
Added
May 06, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
Stellar MLS
Source Property ID
W7885505
Listing Agent: Robert Bello, JR (License #: 3382285) 609-743-0650
Broker: Dalton Wade, Inc. 727-888-4175 Listing Site
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.

Request Information

By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

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$3,199,000

4 Beds | 4.0 Baths | 3,495 Sqft

306 BAY PLZ, Treasure Island, FL 33706

Tucked along a quiet waterfront street in the heart of Sunset

Added: 04/28/2026 • Updated: 06/17/2026
Sale Pending
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$3,485,000

6 Beds | 6.0 Baths | 4,849 Sqft

11460 7TH ST E, Treasure Island, FL 33706

Under contract-accepting backup offers. **Builder will update

Added: 06/04/2026 • Updated: 06/23/2026
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This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what I am looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at  csv@dreamhomenetwork.com.
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Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.11
Terms & Policy