Listing Details for MLS # TB8466008
12109 Sunshine Lane, Treasure Island, Fl 33706

Residential Property - Single Family Residence in Treasure Island

Listing Price: $12,000,000Days on Market: 1

Description of Property

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)The average asking price for a 3 bedroom/1 bath single family residence in this Zip code is $4,401,000. This single family residence is listed at about 273% of the average asking price. This is the only 3 bedroom/1 bath single family residence between $10,800,000 and $13,200,000 currently listed for sale in this Zip code.