Rental Ready Legal Airbnb Triplex with Waterviews. Ready for our upcoming tourist season. Three rentable units under one roof. The 2 story main house is beautifully appointed with elevated coastal charm. Newly remodeled with an open floor plan with French doors to the patio, spacious living room, sunroom, sparkling kitchen with breakfast bar & gas cooking. The oversized primary suite has a private balcony overlooking the water and a spacious bathroom. (This space Could be transformed into 2 bedrooms.) The neighboring ground floor apartment features an open living area with renovated kitchenette & bathroom and two patios for guests. Upstairs you will find an efficiency apartment with the perfect amount of space for a Florida getaway.Unlike most of Treasure Island, this location is specifically zoned to allow short term rentals. Truly an ideal location for visiting tourists located walking distance to Sunset Beach, the Treasure Island Municipal Beach, Blind Pass Waterway, Publix grocery store, Suncoast Surf Shop, The Shell Shop, Seadogs Brewery, Caddy’s on the Beach, Taco Bus, Katiki, Shrimpy’s, 7-11, the Trolly Stop & more.Your guests can Relax & enjoy the weather & the water views on the large deck, gaze at boats passing by, go kayaking or fishing right across the street or take a sunset stroll on the beach, just steps from the front door. They will be sure to revisit year after year once they discover this perfectly located quiet oasis tucked away from the main road, yet so close all that our area has to offer. Purchase now and start booking before the start of the upcoming 2026-2027 Tourist Season. See attachments for property info, estimated income and expenses & frequently asked questions.
RARE GULF-FRONT HOTEL-ZONED OPPORTUNITY IN TREASURE ISLAND! Located directly on the Gulf, 10218 Gulf Blvd offers approximately 50 feet of Gulf frontage on a 6,500-square-foot lot with highly desirable RFH-50 zoning, allowing residential/hotel development at a density of up to 50 units per acre. The property currently contains four living units totaling approximately 3,037 heated square feet: a 2-bedroom/2-bath unit of approximately 1,190 sq. ft., a studio/1-bath of approximately 400 sq. ft., a 3-bedroom/1-bath of approximately 750 sq. ft., and a 1-bedroom/1-bath of approximately 697 sq. ft. The property sustained damage during the 2024 storms, but immediate remediation was performed afterward. The upstairs street-side unit has power and remained occupied throughout. The remaining units provide an opportunity for a buyer to evaluate renovation and restoration of the existing improvements, while the property's RFH-50 zoning creates an entirely different opportunity for those considering redevelopment. And there may be an even bigger opportunity: the adjacent property at 10220 Gulf Blvd may also be available, potentially creating an assemblage of approximately 100 feet of Gulf frontage for a larger hospitality or redevelopment concept. Whether the vision is to restore the existing four-unit property, redevelop 10218 on its own, or explore assembling both neighboring Gulf-front parcels, opportunities combining this location, Gulf frontage and hotel zoning are increasingly difficult to find along the Pinellas beaches. Property is being sold AS-IS. Buyers and their representatives are responsible for independently verifying zoning, density, permitted uses, rental regulations, existing unit status, building condition, FEMA/flood requirements and redevelopment potential with the appropriate governmental authorities.
Treasure Island Waterfront WITH OWNER FINANCING !!! 3 unit building that can accommodate 2 large vessels, deep water canal with direct access to the Gulf of America, Large Back Owners quarters with 2 good sized bedrooms, updated bath, updated Kitchen with Stainless Appliances and eat in area, Primary bedroom with French doors to large back screened porch with wonderful calming views of the water. Front Unit 2 and Unit 3 are long term tenants. Both units have updated kitchens and flooring. Fresh Sherwin Williams exterior paint. All 3 units are on separate electric panels, owner pays water and sewer. Current owner has previously lived in back unit for 6 years and part time stays there now. Live in the back owners quarters and have rental income from the front 2 units, and keep the sailboat or yacht in your back yard. Rent the back unit out part time and stay when you want. Back owners' quarters is fully furnished and everything stays so all you need is your toothbrush and clothes. Unit 3 upstairs is 650 sq. ft. with large bedroom, great water views from kitchen and living room. Downstair unit 2 is smaller with long term tenant (10 years) who is the eyes and ears of the place. There are 5 or 6 parking spots out front. Across from City Park and 5 minute walk to the Gorgeous Treasure Island Beach!!! Also a short walk to many great restaurants and nightly entertainment. Solid CBS construction Building with updated electric panels, Hurricane shutters, under concrete stairs to unit 3 is plenty of storage, also back yard shed for storage. Roof is 2018. Unit 1 has never central A/C and Units 2 and 3 have newer wall A/C. Solid 50 foot long Dock with water and electric for the boats. This is a very relaxing place to live. Back porch has power for a Hot Tub if desired. Large back paver patio and deck for launching the kayaks, paddle boards or fishing with cutting table. Floating Dock will convey with property ( My Robalo will not, sorry!) My previous 17 foot Robalo fit nicely on the reworked Davits. Owner is Listing Broker and will consider owner financing with 300,000 down, 6.5 interest, 30 year amortization with 7 year ballon payment. Very unique property for Treasure Island with quite the Upside Potential!!!
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.
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.
Exceptional redevelopment opportunity in the heart of Sunset Beach. Located directly on the Intracoastal Waterway, this flood-damaged triplex offers incredible potential for investors, builders, or buyers looking to create a custom waterfront property in one of Treasure Island’s most sought-after coastal communities. Situated at 201 90th Ave, this property features stunning water views, a private waterfront setting, and direct access with no bridges to the Gulf. The existing triplex sustained flood damage and is being sold as-is. Whether you choose to renovate, or redevelop, the value is in the prime waterfront location and oversized opportunity this property presents. Just a short walk to Sunset Beach, local restaurants, live entertainment, and beach bars, this is a rare chance to secure Intracoastal frontage in a highly desirable area surrounded by luxury waterfront homes and vibrant beach culture. Buyer to verify all zoning, rebuilding, FEMA, and permitting requirements with the City of Treasure Island. Cash offers preferred. Property setbacks are Front - 10ft, side 7.5ft and rear 20ft.
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
Located in the heart of highly sought-after Sunset Beach, this rare tri-plex opportunity is just a 2-minute walk to the beautiful white sands of Sunset beach and surrounded by the laid-back beach lifestyle that makes Treasure Island so special. Walk to local beachfront restaurants, live music, coffee shops, bars, and entertainment, while enjoying one of the most charming and walkable beach communities on Florida’s Gulf Coast. Previously operated as a highly successful short-term rental property, this unique beach compound consists of three separate units, including a main building with two apartments plus a detached standalone efficiency unit — offering endless possibilities for redevelopment, investment, vacation use, or future income potential. The property sustained flood damage during Hurricane Helene and wind damage during Hurricane Milton and is currently vacant and in disrepair. This is being marketed primarily for its exceptional location, lot value, and redevelopment potential. Renovate and reimagine the existing structures, elevate the property approximately 12 feet to create a future coastal retreat, or start fresh with brand-new construction. Opportunities like this in Sunset Beach are increasingly rare. This location places you minutes from everything beach living has to offer — waterfront dining, boating, fishing charters, dolphin cruises, parasailing, jet ski rentals, beach bars, live entertainment, and nightly sunsets over the Gulf. Whether you envision a luxury beach getaway, income-producing investment property, or a completely new coastal development project, the potential here is truly unmatched. Bring your vision and take advantage of this incredible opportunity to create something special in one of Tampa Bay’s most beloved beach communities. Photos were taken prior to the hurricane damage. The two exterior images are virtual renderings provided for inspiration only and illustrate one possible redevelopment concept with the structures elevated approximately 12 feet. Renderings are conceptual, not existing conditions, and are subject to local approvals and building requirements.
Incredible opportunity on the far South end of Sunset Beach. Located just steps from the Beach & Blind Pass Waterway. Property has been used for Multi-Generational Living plus Income for many years. The top floor has over 2700 sq. ft. of living space, currently configured as One 3 Bed/2 Bath Unit plus One 2 Bed/1 Bath Unit. Space can be reconfigured to suit your needs. The top floor features real wood floors, vaulted ceilings, wide Open Floor plan, an abundance of windows. The covered porch has over 900 sq. ft with Gulf views, enclosed with hurricane shutters. On the Ground floor there are currently Four 1 Bed/1 Bath Units plus One Efficiency Unit. Additionally on the ground floor you will find a Common Area Laundry/Storage Room and 1 Car Garage. Total square footage is 6650 sq. ft. with 5168 Heated square feet on a 57x100 lot. There are few properties of this size on Sunset Beach. This is an exceptional opportunity to bring this special property back to life or re-imagine its next chapter in this beautiful setting on Sunset Beach.The ground floor of this property was impacted by Hurricane Helene and has not be remediated. Property to be sold As Is. Sellers and selling agent make no warranties or claims regarding renovation & building potential. Buyer is responsible for confirming building potential with the City of Treasure Island. Please see virtual tour, information sheet, floor plans, aerials & photographs to see what this property has to offer.
Live by the beach while having your tenants cover the expenses! When you step into one of these three units, you'll be captivated by the meticulous attention to detail and a multitude of modern upgrades that make this property a true gem in the heart of Sunset Beach. With a brand new roof and AC system installed in 2024, you can enjoy worry-free living. Enhanced security and energy efficiency are ensured by the new hurricane windows, while the high and dry electric panels guarantee safety and functionality. Each unit features three high-efficiency tankless water heaters, providing instant hot water for your convenience and peace of mind. The lower units are thoughtfully designed with durable stucco walls, custom PVC cabinets, and removable closet doors that facilitate easy preparation and organization. Additionally, the clever furniture pulley system allows you to lift and store furniture. Don’t miss out on the opportunity to own this beautifully upgraded property, just steps away from the stunning Gulf of Mexico. Schedule your showing today and experience the perfect blend of comfort, style, and modern living! Check out the virtual tour or ask for a video walk through!
Under contract-accepting backup offers. An exceptional income investment opportunity in beautiful Treasure Island Beach, Florida. A fully licensed vacation rental building consisting of 4 newer units built in 2014 located on the pristine waters of Boca Ciega Bay and approximately 2 blocks from the renowned beaches of Treasure Island. Each unit has approximately 1950 square feet of gross living area, 4 bedrooms and 2.5 baths, a front porch and back porch. Exterior features include on-site underground drainage, two retention areas, with one on each side of the building, heated pool with paved sitting areas, vinyl fencing along the north and south side of the property, and vinyl fencing to the pool area. Including the under-building parking, the front entrance provides additional parking, including an ADA compliant space. The pool, outside grills, stoves, tankless water heaters, and dryers in each unit are gas, while all other appliances are electric. The property is improved with double docks and tie off cleats along the newer seawall. A boat dock with four boat slips, tie poles, water and electric are in place and front along Boca Ciega Bay. The elevated structure is a quality build and the units did not sustain damage from the storms. An added bonus, the property has very reasonable Insurance Premiums.
Select updates planned; pricing subject to change once improvements begin. Steps from the Gulf – Rare Treasure Island Redevelopment Opportunity Located just steps from the shimmering waters of the Gulf, 265 115th Avenue is a rare and exciting opportunity in the heart of Treasure Island. This property is not just about what currently stands—it’s about what can be. Set in a highly desirable multifamily zoning district, this parcel offers endless potential for redevelopment in one of Florida’s most sought-after beach communities. Whether you’re envisioning a luxury duplex, charming coastal cottages, or a sleek new vacation rental, the zoning opens the door to a variety of residential uses that deliver strong returns and the ultimate beach lifestyle. The solid block duplex with a two-story block extension (built in 2018) provides a strong foundation and immediate utility, while the property itself has already been fully remediated and continuously occupied by the owner. It’s now a blank canvas ready for future beach lovers to bring their vision to life. With generous lot dimensions, multifamily potential, and a location that puts you just steps from sandy shores, the possibilities are unmatched. Surround yourself with vibrant coastal charm while enjoying the convenience of nearby restaurants, shopping, and entertainment—all within a laid-back, walkable community. This is the kind of opportunity investors, builders, and future homeowners dream about: where land, location, and zoning align perfectly. Whether for personal use, income generation, or both, the stage is set for something extraordinary.
2 new electrical panels for upper units. Welcome to Treasure Island! Located in the heart of Sunset Beach on the southern tip of Treasure Island, Florida, this beautiful quadplex is a rare investment opportunity just 250 steps from the beach. This income-producing property features four individual units and sits on an oversized lot—nearly a double lot for the street, offering ample parking and redevelopment potential. Although the building has been affected by a recent hurricane, it presents the perfect chance for a savvy investor or builder to renovate and transform it into a cash-flowing asset. Whether you choose to restore the existing structure, or redevelop into a new home or multi-unit property, this location offers unbeatable proximity to the Gulf, shops, dining, and entertainment.

Treasure Island is located in Florida. Treasure Island, Florida has a population of 6,620. Treasure Island is less family-centric than the surrounding county with 6.65% of the households containing married families with children. The county average for households married with children is 21.33%.
The median household income in Treasure Island, Florida is $79,491. The median household income for the surrounding county is $60,451 compared to the national median of $69,021. The median age of people living in Treasure Island is 61.5 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 52.6 degrees. The average rainfall is approximately 50.8 inches per year, with 0 inches of snow per year.