SUNSHINE LANE FLATS

LOCATION DESCRIPTION: The location is simply stellar, located in the famed barrier island city known as Treasure Island. As mentioned, the site is just 200 ft from the open water Gulf. The address is on super rare Sunshine Lane at 12117 Sunshine Lane. Sunshine Lane runs parallel with Gulf Blvd, just 100 ft to the west. Gulf Blvd runs the entire length of the Pinellas County Barrier Islands from St Pete Beach, all the way to Clearwater Beach. The Site is just a few minutes from St Petersburg, and only 19 minutes to the popular Downtown of St Petersburg. Tampa International Airport is 39 minutes away.Super Rare Find Redevelopment Play Barrier Island Land Hotel -50 Units Multi-Family - 15 Units .80 Acres in Treasure Island SUNSHINE LANE FLATS Our Offering is for .80 Acres on the Pinellas County beach city known as Treasure Island. The site is totally set up for Hotel/Resort Redevelopment Play, or Multi-Family Opportunity.. There is potential for the abatement of the alley, increasing the size to a full acre. Most of the land is cleared, but there are 4 structures left to be removed. The site is a mere 230 ft from the open water of the Gulf. The site is 130 ft deep by 300 ft. The Parcels includes 12109 Sunshine Lane, 12117 Sunshine Lane, 155 121st Avenue West, Treasure Island, Florida. , The current zoning is RFH-50, which is Resorts Facilities High, allowing 50 units per acre for hotel and 15 units per acre for multi-family. Resort Facilities High is a high-density, beach-front zoning district designed for tourism, allowing for hotels, condo-hotels, and mixed-use developments. It generally applies to properties on the west side of Gulf Boulevard, with regulations that support both new, higher-density construction and the preservation of existing resort structures. In 2025, there were discussions in the city of Treasure Island about increasing density for both hotels and multi-family housing. Please see the RFH details below. Please consider contacting lead agents Andea Hess * 813-468-8231 / Jon Reno La Bude * 727-510-1921 KEY ASPECTS of RFH-50 Zoning Purpose: Designated for high-intensity, transient, and tourist-oriented facilities, particularly near the Gulf of Mexico.Permitted Uses: Includes hotel/motel units, condo-hotels, and commercial spaces. Density & Height: While historically limited to lower heights, proposed adjustments have explored allowing for significantly increased height and density (e.g., up to 8 stories in some discussions) for developers, subject to strict Development Agreements with the city. Location: Primarily located on the west side of Gulf Boulevard and in specific high-activity areas. Redevelopment & Existing Structures: Existing hotel/motel structures in the RFH-50 zone are grandfathered, meaning they can be repaired or rebuilt to their original square footage if damaged by natural disasters. Key Considerations for 2026Development Agreements: Projects in this district usually require Development Agreements involving public hearings. Potential Changes: Discussions in late 2025 indicated a potential move to allow increased density (potentially up to 100 units per acre) and height for new developments, often targeted at larger (3+ acre) sites. Master Plan: The city is focusing on updating its master plan to manage development within the RFH-50 area. For specific property inquiries, it is recommended to check the official Treasure Island Zoning Map.