Coney Island Homes with Two Story Property Description

5 Beds ⋅ 3 Baths ⋅ Coney Island SubDv. ⋅ 33706 Zip Code ⋅ W7888215 MLS ⋅ Active Status

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

12609 Sunshine Lane, Treasure Island

$3,900,000

Coney Island SubDv. ⋅ 33706 Zip Code ⋅ TB8523225 MLS ⋅ Active Status

Situated directly across the street from the sparkling Gulf Coast with 80 feet of prime road frontage on Gulf Blvd., this property puts guests steps away from the sand. Public beach access is directly across the street, along with convenient beach stores and dining options. A refreshing, temperature controlled swimming pool completes the classic Florida vacation experience; sun, sea, and relaxation at your doorstep. Owned and operated by the same family for 35 years, this beloved 11-unit boutique hotel (10 rooms plus a spacious owners apartment with office) has been a welcoming haven for generations of families, friends, and beach lovers. Its not just a business, its a legacy built on heartfelt hospitality, genuine connections, and creating memories that bring guests back year after year. This property is offered fully furnished and ready for immediate operation, while also providing the flexibility to add your own personalized touch to elevate the boutique charm for the next generation of guests. The owners apartment provides comfortable on-site living with dedicated office space for managing the property or rent out the owners apartment to maximize ROI. The intimate scale of this 11-unit boutique property makes it ideal for complete Hotel Takeovers perfect for wedding parties, milestone birthday celebrations, family reunions, and business retreats. Imagine having the entire hotel and pool to yourselves: private beach mornings, sunset gatherings by the water, and personalized service that turns your special occasion into a cherished memory. Whether it' s a beachside wedding with all guests staying on-site, a multi-day birthday celebration for the whole family, or a focused corporate retreat with team-building steps from the Gulf, this property offers a rare private-resort feel guests will remember forever. Many guests return season after season, drawn to the coastal vibe and unbeatable location. Walk or Trolley Ride just minutes to Johns Pass Village & Boardwalk, Pinellas County's #1 tourist attraction. This charming fishing village features over 100 unique merchants, waterfront restaurants, shops, a local fishing fleet, dolphin watching tours, boat rentals, and vibrant boardwalk energy. Millions of tourists visit the St. Pete-Clearwater and Madeira Beach area annually, drawn to its authentic Old Florida charm and endless activities. Florida welcomed a record 143 million visitors in 2024, with strong numbers continuing into 2026, proof of the reliable demand in this coastal chic beach town. Imagine waking up to Gulf breezes, serving guests who quickly become like family, and enjoying the lifestyle that comes with owning a slice of paradise. Whether you are an experienced hospitality operator or a family looking to continue a tradition of impeccable service, this property offers the perfect blend of established success and future opportunity. A true Florida treasure, ready for its next chapter of creating lifelong memories, one guest at a time. Do not miss this rare chance to own a piece of the Gulf Coast legacy. Call today for details and schedule a private showing.

11965 Gulf Boulevard, Treasure Island

$3,250,000

5 Beds ⋅ 3 Baths ⋅ Coney Island SubDv. ⋅ 33706 Zip Code ⋅ W7885505 MLS ⋅ Active Status

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

12609 Sunshine Lane, Treasure Island

Coney Island Homes with Two Story Property Description

Newest Coney Island Homes with Two Story Property Description