Price History
$1,690,000
1/5/2024
$1,750,000
7/9/2025
11605 1ST STREET E, #B1, Treasure Island, FL, 33706
3 rooms
5 beds
4 Full baths
2024
2,811 sqft
One or more photo(s) has been virtually staged. NOW COMPLETE WITH CERTIFICATE OF OCCUPANCY IMMINENT! FLOOD-ZONE ELEVATED construction with LUXURY FINISHES. ZONED FOR NIGHTLY + WEEKLY RENTALS VRBO & Airbnb LEGAL. PET-FRIENDLY Two pets allowed, no weight limits. ROOFTOP DECKS with GULF VIEWS, wet bars & hot tub reinforcement Capri Townhomes - The Ultimate Beachside Investment + Lifestyle Opportunity Introducing Capri Townhomes, a boutique enclave of just seven stunning 5-bedroom, 4-bath luxury townhome-style condos, each designed to elevate your coastal living experience. With nearly 2,800 square feet of well-thought-out living space, private rooftop decks, Private Elevator in unit, oversized 2+ car garages, and a community pool, this exclusive development truly offers it all - and it's just steps away from the pristine sands of Treasure Island and iconic John's Pass Village. Whether you're seeking a primary residence, a savvy second home, or a short-term rental powerhouse, Capri delivers the rare combination of full flexibility, luxury, and legal rental freedom on the Gulf Beaches. Few properties in this market offer true short-term rental eligibility without restriction, and even fewer with this level of design and quality. Third party projections show annual revenue around $200K. Please check with your accountant about Cost Segregation studies for depreciation. 3rd party cost segregation tax benefit estimate of $245,000 that the buyer may be able to reduce their taxable income by… buyer to confirm with their tax advisor. Perfect for 1031 exchanges. Each unit has been crafted with modern coastal living in mind - from remote-work-friendly floor plans to rooftop entertaining spaces that bring the Florida sunset to your doorstep.
Status:
Active
Type:
Condo
Laundry Remarks:
Other
Complex:
CAPRI TOWNHOME CONDOMINIUM
Garage:
3-car Garage Door Opener, Tandem, Under Building
Heating:
Central, Electric
Cooling:
Central Air
Levels:
3
Lot Size:
120 x 80
Acreage:
0.22
Est. Taxes:
$7,040
Condo Fee
992.0000
Construction
Block, Cement Siding, Concrete, Metal Frame, Stucco
Utilities
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Lot Description:
Cleared
Elementary School:
Azalea Elementary-PN
Middle School:
Azalea Middle-PN
High School:
Boca Ciega High-PN
Days on Market:
698
Elevator:
Y
Pet Policy:
Number Limit, Yes
Appliances:
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Min Lease Term:
1-7 Days
MLS #:
U8225803
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of CENTURY 21 BEGGINS 800-541-9923