Active

$3,250,000

Features:
  • 5 Bedrooms
  • 3 Bathrooms
  • 2028 sq ft
Overview
  • ID: MFRW7885505
  • Bedrooms: 5
  • Bathrooms: 3
  • Size: 2028 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$3,250,000
HOA Fee:
N/A
Tax Amount:
$5293.65
Price per SqFt:
$1602.56
Tax Legal Description:
CONEY ISLAND BLK 4, LOT 3
Exterior Features
Lot Size:
3838
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Built-Up
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
3
Heating:
Central, Electric, Heat Pump
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Luxury Vinyl, Tile
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1951
Construction Type:
Block, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Private Entrance, Private Yard
Additional Features 2:
N/A
Map
  • Address
    12609 SUNSHINE LN
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