11605 1ST ST E #B3, TREASURE ISLAND, FL, 33706
$1,695,000
Residential
|
Bedrooms
5
|
Bathrooms
4
|
Living Area
2,519 Sqft
|
Lot Size
9,600 Sqft
|
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, 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. 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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRU8195560 | Year Built: | 2026 | |
| Appliances: | Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator | Association Fee Includes: | Pool, Maintenance Structure, Maintenance Grounds | |
| Community Features: | None | Construction Materials: | Block, Cement Siding, Concrete, Metal Frame, Stucco | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Pinellas | Direction Faces: | West | |
| Exterior Features: | Balcony | Flooring: | Ceramic Tile, Tile | |
| Foundation Details: | Slab | Heating: | Central, Electric | |
| Levels: | Three Or More | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Lot Features: | Cleared, Paved | |
| Occupant Type: | Vacant | Parking Features: | Garage Door Opener, Tandem, Basement | |
| Pets Allowed: | Number Limit, Yes | Property Condition: | Completed | |
| Property Sub Type: | Condominium | Property Type: | Residential | |
| Road Surface Type: | Paved | Roof: | Concrete | |
| Sewer: | Public Sewer | Showing Requirements: | Other | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected | |
| Water Source: | Public | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Kitchen: | 14x11 ft | Living Room: | 10x18 ft | |
| Primary Bedroom: | 19x15 ft | |||
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