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12109 SUNSHINE LANE

House For Sale
$9,000,000

BTC: 142.85714286

ETH: 5,154.63917526

-$3M (2026/05/21)
137 days
3 bds
1 ba
1,052 sqft

Overview

Incredible investment opportunity just steps from the sandy shores of Treasure Island! This unique commercial package includes three adjoining parcels offering exceptional development potential. The lots are situated on almost 1 acre of land in the Resort Facility High (50 units/acre) zoning of Treasure Island, perfectly positioned for a new business or resort venture. Whether you envision creating a boutique beachside resort, building out a high-demand short-term rental portfolio, or combining commercial and residential elements into a versatile income-producing property, the possibilities here are endless. Prime location on the beach, close to shopping, dining, and entertainment, .5 of a mile to John's Pass—don’t miss your chance to develop or invest in one of Treasure Island’s most sought-after areas. Additional parcels being sold: 12117 SUNSHINE LN (15-31-15-17784-014-0030), 155 121ST AVE W (15-31-15-17784-014-0010)

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1937
Lot:
0.13 Acres
Heating:
Other
Price/sqft:
$8,555
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$299,900
$194K – $443K
Confidence Low
List vs. estimate
$8.7M above estimate
List $9,000,000 · +2901.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$8,555
+1158.9% vs. city median $679
Based on
39 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,806
2024
Garage
2 car garage
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Other

    Appliances

    • None

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: Two

    • Exterior Features: None

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 153115177840140020

    • Zoning: RFH-50

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $11,807

  • Source details

    • MLS ID: TB8466008

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: None

    • Direction Faces: West

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1052

    • Water Source: Public

    • Lot Size Dimensions: 44 x 130

    • Subdivision Name: CONEY ISLAND

Private inquiry
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Market around this address

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: JAY ALAN REAL ESTATE