Residential Property - Single Family Residence in Treasure Island
Listing Price: $3,250,000 (Mortgage Calculator →)
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.
Bedrooms: 5
Bathrooms: 3
Sq. Ft. Gross: 2,028
Garage: No
Carport: No
Water Frontage: Gulf/Ocean
Water Access: Gulf/Ocean
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Treasure Island
County: Pinellas
Subdivision: Coney Island
Bedrooms: 5
Bathrooms: 3
Sq. Ft. Gross: 2,028
Sq. Ft. Living Area: 2,028
Cost per (heated) sqare foot: $1,603
Year built: 1951
Annual Tax: $5,294
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Gulf/Ocean
Water Access: Yes
Water Access Type: Gulf/Ocean
Water Name: GULF OF MEXICO
Exterior & Construction
Construction: Wood Frame
Foundation: Stilt/On Piling
Roof: Built-Up
Exterior Features: Private Yard
Floors Total: 2
Floors in Unit: Two
Cooling: Mini-Split Unit(s)
Heating & Fuel: Heat Pump
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.28
Lot Size (sq. ft.): 3,838 square feet
Lot Dimensions: 39 x 100
Front Exposure: East
Additional Parcels: Yes
Additional Parcels Description: 22-31-15-17820-008-0030
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 153115177840040030
Tax Legal Desc.: CONEY ISLAND BLK 4, LOT 3
Section: 15
Range: 15
Listing courtesy of DALTON WADE INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This 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 accurate by the MLS.