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12609 Sunshine Ln, Treasure Island, FL, 33706

5beds
3baths
2,028sqft
$3,250,000
$1,603price/sqft
$23,953/moest. monthly cost
$958,120/yrincome needed

About This Home

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.

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

5/10
Azalea Elementary SchoolGrades PK-52.5 mi
3/10
Azalea Middle SchoolGrades 6-82.4 mi
3/10
Boca Ciega High SchoolGrades 9-124.6 mi

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Slab,Raised
  • Roof: Built-Up
  • Construction materials: Block,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Outside

Balcony Porch Lanai

  • Level: Second
  • Area: 780
  • Dimensions: 30x26

Bathroom1

  • Level: Second
  • Area: 40
  • Dimensions: 8x5

Bathroom2

  • Level: First
  • Area: 40
  • Dimensions: 8x5

Bathroom3

  • Level: First
  • Area: 40
  • Dimensions: 8x5

Bedroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 110
  • Dimensions: 11x10

Bedroom3

  • Features: Built-in Closet
  • Level: First
  • Area: 100
  • Dimensions: 10x10

Bedroom4

  • Features: Built-in Closet
  • Level: First
  • Area: 156
  • Dimensions: 13x12

Bedroom5

  • Features: Built-in Closet
  • Level: First
  • Area: 132
  • Dimensions: 12x11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Built-in Closet
  • Level: Second
  • Area: 120
  • Dimensions: 12x10

Dining Room

  • Level: First
  • Area: 104
  • Dimensions: 13x8

Features

  • Ceiling Fan(s),Stone Counters
  • Window features: Window Treatments
  • Flooring: Luxury Vinyl,Tile

Heating & Cooling

  • Heating features: Central,Electric,Heat Pump
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 2,028
  • Total interior livable area: 2,028 sqft

Kitchen

  • Level: First
  • Area: 104
  • Dimensions: 13x8

Kitchen

  • Level: Second
  • Area: 120
  • Dimensions: 12x10

Living Room

  • Level: First
  • Area: 150
  • Dimensions: 15x10

Living Room

  • Level: Second
  • Area: 384
  • Dimensions: 24x16

Primary Bedroom

  • Features: No Closet
  • Level: First
  • Area: 170
  • Dimensions: 17x10

Property

Details

  • Parcel number: 153115177840040030
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Lighting,Private Entrance,Private Yard
  • Has view: Yes
  • View description: Beach,Gulf/Ocean - Full
  • Has water view: Yes
  • Water view: Beach,Gulf/Ocean - Full
  • On waterfront: Yes
  • Waterfront features: Beach,Gulf/Ocean,Beach Access,Gulf/Ocean Access
  • Waterbody name: GULF OF MEXICO

Lot

  • Lot size: 3,838 sqft
  • Lot size dimensions: 39 x 100

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Cold Wave
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Pinellas County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,433$197,196
Home Insurance *$3,509$42,108
Property Taxes $3,807$45,684
Electricity $204$2,449
Total$23,953$287,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$821,245/yr
40% on housing$718,590/yr
45% on housing$638,746/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,603This listing

vs Other Active Listings

Avg $/sqft

ZIP 33706$543
Pinellas County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 33706$458
Pinellas County$288

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$3,250,000
2025-05-21Sold$1,750,000
2025-05-06Pending sale$1,750,000
2025-05-04Listed for sale$1,750,000
1993-06-03Sold$260,000

For Sale by Agent

AgentRobert Bello, JR
BrokerageDALTON WADE INC

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