Coney Island Real Estate

5 Beds ⋅ 3 Baths ⋅ Coney Island SubDv. ⋅ 33706 Zip Code

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

$1,575,000

4 Beds ⋅ 6 Baths ⋅ Coney Island SubDv. ⋅ 33706 Zip Code

Pre-Construction. To be built. *Prime Gulf Coast Investment Location* The Siesta Duplex Model by SeaSafe Homes gives you the opportunity to rent both units, live in one side and rent the other or utilize for multigenerational living. From the front door it's a short walk to the soft, white sands of Treasure Island Beach or enjoy a short stroll to the famed John's Pass Village, a premier destination attracting millions annually, featuring over 120 shops, restaurants, live entertainment & waterfront attractions - dolphin tours, tiki boat cruises, parasailing, jet ski rentals and more. The Siesta is thoughtfully designed to deliver exceptional strength, energy efficiency, & comfortable coastal living in a more compact footprint. Offering 1,040 square feet for each unit, each unit could be designed as either 2 or 3 bedrooms & 2.5 bathrooms, combining functionality with the coastal living. Built with a robust 2x10 floor system and 2x6 exterior walls, the Siesta is engineered to withstand wind speeds up to 180 MPH exceeding the typical 150 MPH standard and providing added confidence in hurricane-prone regions. Using SeaSafe's Two-Site build process, build times can be reduced by up to 75% compared to traditional site builds, allowing homeowners to enjoy their new home sooner and protecting your home from the elements during construction. Inside, the open-concept design creates a bright and inviting atmosphere, seamlessly connecting the kitchen, dining, and living areas for everyday living while the convenient half bath adds flexibility for entertaining. The kitchen features ample storage, modern finishes, and a functional layout that makes the most of the home's efficient design. The primary suite offers a private retreat with a spacious bedroom, well-appointed bathroom, and private balcony. One or two additional bedrooms provide comfortable accommodations for family, guests, or a home office. Faster. Stronger. Elevated. The Siesta by SeaSafe Homes is built to help you enjoy more of what matters most. This incredible location is just a short drive from downtown St. Petersburg, where you'll find the St. Pete Pier, world-renowned museums like the Dali and Chihuly collections, as well as a vibrant arts scene, sport & concert venues, and an array of fine dining, including Michelin-starred restaurants. Intracoastal public lot to fish a couple lots away or walk across Gulf Blvd to Treasure Island Beach for fun in the sun. Renderings are for illustrative purposes only and may include optional or upgraded features.

108 125th Avenue, Treasure Island

$1,579,900

3 Beds ⋅ 3 Baths ⋅ Coney Island SubDv. ⋅ 33706 Zip Code

Pre-Construction. To be built. **Prime Gulf Coast Lifestyle Opportunity** Brought to you by Seasafe Homes on this expansive 1½ lot, 59' x 105' with over 6k sq ft makes it large enough for a Pool addition. From your front door it's a short walk to the soft, white sands of Treasure Island Beach or enjoy a short stroll to the famed John's Pass Village, a premier destination attracting millions annually, featuring over 120 shops, restaurants, live entertainment & waterfront attractions - dolphin tours, tiki boat cruises, parasailing, jet ski rentals and more. The Salt Cove by Seasafe Homes is thoughtfully designed to deliver exceptional strength, energy efficiency & comfortable coastal living in a more compact footprint. Offering 1,650 square feet of well-planned living space, this 3-bedroom, 2.5-bathroom home combines modern functionality with the durability needed coastal living. Built with a robust 2x10 floor system and 2x6 exterior walls, the Salt Cove is engineered to withstand wind speeds up to 180 MPH exceeding the typical 150 MPH standard and providing added confidence in hurricane-prone regions. Using SeaSafe's Two-Site build process, build times can be reduced by up to 75% compared to traditional site builds, allowing homeowners to enjoy their new home sooner and protecting your home from the elements during construction. Inside, the open-concept design creates a bright and inviting atmosphere, seamlessly connecting the kitchen, dining, & living areas for everyday living and entertaining. The kitchen features ample storage, modern finishes, and a functional layout that makes the most of the home's efficient design. The primary suite offers a private retreat with a spacious bedroom, well-appointed bathroom, & generous walk-in closet. Two additional bedrooms provide comfortable accommodations for family, guests, or a home office, while the convenient half bath adds flexibility for entertaining. Faster. Stronger. Elevated. The Salt Cove is built to help you enjoy more of what matters most. Renderings are for illustrative purposes only and may include optional or upgraded features. Seasafe Homes also has 11 other Pre-Engineered floor plans available and ready to go if the Salt Cove isn't exactly what you're looking for. This incredible location is just a short drive from downtown St. Petersburg, where you'll find the St. Pete Pier, world-renowned museums like the Dali and Chihuly collections, as well as a vibrant arts scene, sport & concert venues, and an array of fine dining, including Michelin-starred restaurants.

108 125th Avenue, Treasure Island

$1,150,000

5 Beds ⋅ 3 Baths ⋅ Coney Island SubDv. ⋅ 33706 Zip Code

5-bedroom, 3-bath luxury coastal residence located less than 800 feet from Treasure Island beach, offering an elevated blend of personal retreat and income-producing potential. Refined, light-filled living and dining spaces create a sophisticated setting for entertaining, anchored by a well-appointed kitchen with generous storage and prep areas. The bedroom configuration is designed for comfort and privacy, featuring a serene primary suite complemented by spacious guest rooms to accommodate families and larger groups. Thoughtfully curated outdoor areas capture the coastal lifestyle, with inviting spaces to lounge, dine, and unwind after a day on the sand. With its scale, polished finishes, and premier proximity to the shoreline, this property functions equally well as an upscale primary residence, luxury vacation home, or high-performing short-term rental. Currently operating as a very profitable income-producing short-term rental.

12201 Gulf Boulevard, Treasure Island

$1,900,000

Coney Island SubDv. ⋅ 33706 Zip Code

One or more photo(s) has been virtually staged. Prime Hospitality Investment Opportunity Steps from Sunshine Beach! Currently on the land is The Sand Dune Suites, operating with hotel/motel zoning, this property allows for highly lucrative nightly rentals. Currently a quadraplex/motel and each of the four distinct units offers its own unique charm and structural blueprint, promising exceptional turnkey returns once fully restored. Literally steps from the pristine shores of Sunshine Beach and a short, scenic stroll away from historic John’s Pass Village. Property highlights include a serene common courtyard for outdoor relaxation, and dedicated on-site parking for each unit Please note: Interior photos reflect the property prior to recent storm damage. Three of the four units are ready for interior remodeling. The second-floor unit is accessible for immediate owner or manager use during renovation. Unlock massive ROI as this 4-unit property is zoned for profitable nightly hotel/motel rentals. Exceptionally well priced and a wonderful property as well as investment

12620 Gulf Boulevard, Treasure Island

$1,900,000

7 Beds ⋅ 10 Baths ⋅ Coney Island SubDv. ⋅ 33706 Zip Code

Virtually Staged. Prime Hospitality Investment Opportunity Steps from Sunshine Beach! Discover The Sand Dune Suites, a phenomenal four-unit beachfront community investment located in one of Treasure Island’s most coveted coastal pockets. Operating with hotel/motel zoning, this property allows for highly lucrative nightly rentals. Each of the four distinct units offers its own unique charm and structural blueprint, promising exceptional turnkey returns once fully restored. Guests are literally steps from the pristine shores of Sunshine Beach and a short, scenic stroll away from historic John’s Pass Village. Property highlights include a serene common courtyard for outdoor relaxation, and dedicated on-site parking for each unit Please note: Interior photos reflect the property prior to recent storm damage. Three of the four units are ready for interior remodeling. The second-floor unit is accessible for immediate owner or manager use during renovation. Unlock massive ROI as this 4-unit property is zoned for profitable nightly hotel/motel rentals. Exceptionally well priced and a wonderful property as well as investment

12620 Gulf Boulevard, Treasure Island

$3,240,000

5 Beds ⋅ 3 Baths ⋅ Coney Island SubDv. ⋅ 33706 Zip Code

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

$999,000

Coney Island SubDv. ⋅ 33706 Zip Code

This is a land-focused investment opportunity in a prime boating location on Treasure Island. The existing structure is a tear-down. The value is in the 46' x 100' parcel, waterfront position, and development potential. Zoned RM-15, the property allows for a personal luxury residence or potential multifamily development, including duplex, triplex, or quadplex uses, subject to applicable regulations, site requirements, and approvals. This zoning provides investors and developers with multiple options for maximizing the property’s potential, whether building a single luxury residence, multiple units, or an income-producing property. The property includes 50 feet of deeded deep water beyond the dock, providing direct control of the waterfront area. The dock was repaired following the 2024 storms and includes a 10,000 lb boat lift. Located just off John’s Pass, the property offers protected water and quick access to the Gulf. Public water and sewer are in place, and the existing structure has 200 amp electrical service. The property is on a quiet street set back from Gulf Blvd while remaining close to the beach, John’s Pass, restaurants, and other area amenities. For an investor or developer, the combination of RM-15 zoning, multifamily development potential, a 46' x 100' parcel, deeded deep-water access, protected boating water, and proximity to John’s Pass makes this a property worth evaluating for its redevelopment potential. All development plans and uses are subject to verification with the appropriate municipal authorities.

12620 Lagoon Lane, Treasure Island

$1,400,000

6 Beds ⋅ 6 Baths ⋅ Coney Island SubDv. ⋅ 33706 Zip Code

LEGAL WEEKLY RENTAL DUPLEX just steps from the sugar-white sands of Treasure Island. This unique income-producing property is being offered as the entire duplex featuring 6 bedrooms, 5 full baths and 2 half baths with 2,252 square feet of living space (2,863 gross square feet). Each side of the property functions as a private rental unit (A & B), while an adjoining interior hallway with locking doors allows both units to be opened and combined, creating one large residence ideal for large groups, family retreats, or maximizing vacation rental income. Recent improvements include all new flooring throughout both units, brand new appliances and cabinetry in each kitchen, and fresh interior paint throughout. Located on a quiet island street approximately 100 steps to the beach, with easy access to restaurants, boating, fishing, and everything that makes Treasure Island one of Florida’s most desirable Gulf Coast destinations. An exceptional opportunity for vacation rental investors or buyers seeking a flexible beach property with strong income potential.

115 124th Avenue W, Treasure Island

$480,000

Coney Island SubDv. ⋅ 33706 Zip Code

***Prime Gulf Coast Investment & Lifestyle Opportunity *** An extraordinary chance to own and build in one of the Gulf Coast's most vibrant and sought-after coastal communities. Just across Gulf Blvd from the powdery sands and turquoise waters, this property offers a prime location for luxury development, personal retreat, or income-generating investment. Zoned RM-15 allowing a Personal Luxury Home, Duplex/Triplex/Quadplex, this expansive 1½ lot, 59' x 105', comes with established utilities and is perfectly positioned for a high-end residential project. Ideal for a set of luxury townhomes, a boutique coastal rental, or a bespoke custom residence - each with potential for rooftop terraces which would offer panoramic views of the Intracoastal and Gulf of Mexico. Located just a short stroll to the famed John's Pass Village, a premier destination attracting millions annually, featuring over 120 shops, restaurants, and waterfront attractions - dolphin tours, tiki boat cruises, parasailing, jet ski rentals, and more. Nestled near a peaceful harbor alive with marine life, including dolphins and manatees, this location embodies the best of coastal Florida living. Whether for full-time residence, a second home, or short-term rental potential, this site offers both lifestyle and financial appeal. Walkable to beaches, entertainment, and the Beach Trolley line with seamless access to downtown and surrounding Barrier Islands. A rare offering in a community with exceptional upside. Luxury, Location, and Limitless Possibility - All Steps from the Shore.

108 125th Avenue, Treasure Island

Coney Island Real Estate

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