Listing Details for MLS #W7885505
12609 Sunshine Lane, Treasure Island, Fl

Residential Property - Single Family Residence in Treasure Island

Listing Price: $3,250,000 (Mortgage Calculator →)Days on Market: 5

Description of Property

Located directly on the beach of Treasure Island, this rare dual-property opportunity at 12609 Sunshine Lane features two highly successful vacation rental homes generating nearly $300,000 annually in combined short-term rental income. Live in one and rent the other or keep them both as cash cows! The first is a charming 3 bedroom, 2 bath 1950s two story retro beach house. The second is a 2 bedroom, 1 bath 1950s retro themed beach bungalow. The decor and attention to detail drives strong guest appeal and all 5 star reviews! Each house has been fully renovated and boasts impact windows and doors, quality furniture and amenities, and both offer private outdoor living spaces, strong repeat guest history, and exceptional occupancy performance booking months in advance indicating rent upside. Positioned on the sand in Treasure Island and near John’s Pass, these unique “Old Florida” style beach retreats provide an outstanding turnkey investment opportunity with proven income production and future upside potential. Guests love the blend of a retro vibe along with the authentic coastal character, rooftop sunset views, private beach access, and proximity to restaurants, entertainment, and Gulf Blvd attractions. This is a rare opportunity to acquire an established, income-producing beach rental compound in one of Pinellas County’s most desirable vacation markets.The average asking price for a 5 bedroom/3 bath single family residence in this Zip code is $2,317,800. This single family residence is listed at about 140% of the average asking price. This is the only 5 bedroom/3 bath single family residence between $2,800,000 and $3,600,000 currently listed for sale in this Zip code.