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Julia Vakulenko - Broker -

Gallery Map Street view
View from 2nd Story Deck Front of Both Houses View from pathway to beach Pink Flamingo Property Card The Pink Flamingo Living Room Welcome To Treasure Island Mural 2 Story Living Area 2 Story Dining Area Looking toward Living Area Living Area w/65" TV Living Area toward Dining & Kitchen Make-up Area & Work Station Make-up Area & Work Station Shabby Chic Surfboard Decor Looking toward Dining Area Living Room from Breakfast Bar Area Breakfast Bar Area in Retro Kitchen Retro Kitchen with Pale Blue, Sea Foam & Pink Appliances Retro Kitchen Area Looking into Living & Dining Area 2 Story Upper Retro Bath 2 Story Upper Retro Bath Cool Entry Way Down Stairs & Circular Stairs to Upstairs Entry Bench and Towel Area Two Story Primary Bedroom Two Story Primary Bedroom Two Story Bedroom #2 Two Story Bedroom #3 Two Story Bedroom #3 2 Story Lower Level Bathroom 2 Story Deck View Private Play Area out Front Blue Dolphin Property Card The Blue Dolphin Bungalow Living Room Bungalow Living Room Bungalow Living Room Bungalow Living Room Bungalow Dining Area Bungalow Dining Area Bungalow Dining Area Bungalow Breakfast Bar Bungalow Breakfast Bar Retro Bungalow Kitchen with Yellow & Blue Bungalow Bathroom Bungalow Bathroom Bungalow Primary Bedroom Bungalow Primary Bedroom Bungalow Primary Bedroom Bungalow Kids Bedroom Bungalow Kids Bedroom Bungalow Decor Bungalow Private Patio Bungalow Toy Storage Beach Location Second Lot
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12609 SUNSHINE LN, TREASURE ISLAND, 33706



Property highlights

  • MLS#: W7885505
  • 3,838.00 lot size Sq.Ft.
  • Year built: 1951
  • Waterfront: (80 ft)

Property Overview

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.

Driving directions : Driving South on Gulf Blvd and go over the bridge. Take your first right onto 127th. Take your first left onto Sunshine Lane. It is on your right.

Property Features

Rooms Dimension Description
Living Room 24x16 Second level , Bamboo
Dining Room 12x10 Second level , Bamboo
Kitchen 12x10 Second level , Bamboo
Primary Bedroom 17x10 First level , Ceramic Tile
Bedroom 2 11x10 First level , Ceramic Tile,Concrete
Bedroom 3 10x10 First level , Ceramic Tile
Bathroom 1 8x5 Second level , Tile
Bathroom 2 8x5 First level , Ceramic Tile
Balcony/Porch/Lanai 30x26 Second level , Wood
Living Room 15x10 First level , Luxury Vinyl
Dining Room 13x8 First level , Luxury Vinyl
Kitchen 13x8 First level , Luxury Vinyl
Bedroom 4 13x12 First level , Luxury Vinyl
Bedroom 5 12x11 First level , Luxury Vinyl
Bathroom 3 8x5 First level , Tile

Interior Features

  • Ceiling Fans(s)
  • Stone Counters
  • Window Treatments

Appliances

  • Dishwasher
  • Dryer
  • Microwave
  • Range
  • Refrigerator
  • Washer

Heating

  • Central
  • Electric
  • Heat Pump

Laundry features

  • Outside

Air Conditioning

  • Central Air
  • Mini-Split Unit(s)

Floor Covering

  • Luxury Vinyl
  • Tile

Utilities

  • Cable Connected
  • Electricity Connected
  • Sewer Connected

Exterior features

  • Lighting
  • Private Entrance
  • Private Yard

View

  • Beach
  • Gulf/Ocean - Full

Construction Materials

  • Block
  • Frame

Road Surface Type

  • Asphalt

Roof

  • Built-Up

Foundation

  • Slab
  • Stilt/On Piling

Listing information courtesy of DALTON WADE INC

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Listing data comes from My Florida Regional MLS.

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