Courtesy: DALTON WADE INC
888-668-8283
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.
Courtesy: REAL BROKER, LLC
407-279-0038
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. May be sold as package deal along with 130 90th Ave
Courtesy: RE/MAX ACTION FIRST OF FLORIDA
727-466-0800
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
Courtesy: REALTY BUY DESIGN
813-451-9201
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.
Courtesy: COMPASS FLORIDA LLC
727-380-2067
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.
Courtesy: FOREVER FLORIDA REAL ESTATE
727-440-6444
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!
Courtesy: PEOPLE'S CHOICE REALTY SVC LLC
813-933-0677
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.
Courtesy: GULFSIDE REALTY SALES
727-826-0001
This Solid block building directly across from the sugary sands of Sunset Beach, is a rare opportunity to own a four-unit property in the heart of the highly sought-after Sunset Beach neighborhood. Located directly across the street from Sunset Beach access, the property offers a location that consistently appeals to both long-term tenants and short-term renters. Sunset Beach is known for its quiet, walkable streets, limited inventory, and authentic coastal charm, making it one of the most desirable and tightly held areas along the Gulf Beaches.The property consists of four one-bedroom, one-bath units, all currently occupied by annual tenants and operated as unfurnished long-term rentals. Each unit is separately metered for electric, and the building includes shared laundry facilities, upstairs and downstairs patios, ample parking, and additional storage. As currently operated, the property provides steady income with an estimated cap rate of approximately 6%. For a buyer looking ahead, there is clear upside potential. Given its beachside location and layout, the highest and best use of the property is as a short-term or seasonal rental operation(1 month minimum 5 times per year), where projected returns could increase to approximately 8–10%(PRO FORMA AVAILABLE). This flexibility allows a new owner to enjoy reliable income today while maintaining the option to reposition the property in the future and take full advantage of its exceptional Sunset Beach location. Brand new coin operated landry offsets most of the common power and water for the building *Bottom 2 units were flooded during Hurricane Helene and were remediated with permits. All zoning nd other material facts should be verified by the buyer an or their agent. DO NOT DISTURB TENANTS
Courtesy: GLOBAL LIFESTYLE, LLC
727-537-6242
Under contract-accepting backup offers. Island Living Meets the Ultimate Florida Beach Lifestyle! Welcome to 112 119th Avenue in the highly desirable community of Treasure Island. This exceptional Triplex property offers the perfect blend of Island living, and beach-town charm in one of Florida's most sought-after coastal destinations. Located just steps away from the sugar-sand beaches of Treasure Island, you'll enjoy endless opportunities for boating, fishing, kayaking, paddle boarding, dolphin watching, and breathtaking Gulf Coast sunsets. The nearby John's Pass Village & Boardwalk features over 100 shops, restaurants, waterfront dining venues, fishing charters, dolphin cruises, parasailing adventures, and year-round entertainment, making it one of the area's premier attractions. Outdoor enthusiasts will love the nearby Treasure Island Beach Trail, perfect for walking, jogging, biking, and taking in spectacular Gulf views. Residents also enjoy easy access to Sunset Beach, local parks, waterfront dining, and some of the best recreational boating waters on Florida's Gulf Coast. Conveniently located near downtown St. Petersburg, residents can enjoy world-class dining, museums, sporting events, and vibrant nightlife while still returning home to the relaxed coastal atmosphere that makes Treasure Island so special. Whether you're searching for a full-time residence, vacation home, or investment opportunity, this Triplex offers an incredible opportunity to experience the Florida waterfront lifestyle you've been dreaming about. Come discover why so many people choose Treasure Island as their place in the sun. Live where others vacation and make every day feel like a getaway. Embrace this vibrant coastal lifestyle in this turnkey triplex, where paradise meets profitability. Unit #1 featuring 1 bedrooms and 1 bath Unit #2 featuring 2 bedrooms & one bath Unit #3 featuring 1 bedrooms and 1 bath. The buyer is to verify all measurements, zoning, and rental restrictions.
Courtesy: LPT REALTY, LLC.
877-366-2213
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.
Courtesy: COMPASS FLORIDA LLC
727-380-2067
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.
