$
11605 1ST ST E #A2
Treasure Island, Pinellas, FL, 33706
$1,690,000
$642/sqft
About this home
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.
Facts & Features
- MLS ID#
- MFRTB8405522
- Price
- $1,690,000
- Status
- Active
- Bedrooms
- 5
- Bathrooms
- 4
- Full Baths
- 4
- Half Baths
- 0
- Square Footage
- 2,634 sqft
- Acres
- 0.2200
- Year Built
- 2026
- Type
- Residential
- Subtype
- Townhouse
- Style
- N/A
Community Information
- Address
- 11605 1ST ST E #A2
- Subdivision
- Treasure Island City Of
- City
- Treasure Island
- County
- Pinellas
- State
- FL
- Zip Code
- 33706
- Senior Community
- No
Amenities
- Amenities
- N/A
- Parking
- N/A
- View
- No
- Waterfront
- No
- Pool
- No
Interior
- Interior Features
- Split Bedroom, Walk-In Closet(s)
- Heating
- Central, Electric
- Cooling
- Central Air
- Flooring
- Ceramic Tile, Tile
- Fireplace
- N/A
- Stories
- N/A
- Appliances
- Dishwasher, Microwave, Range, Electric Water Heater, Refrigerator
Exterior
- Exterior Features
- Sliding Doors, Balcony
- Construction
- Block, Stucco, Metal Frame, Concrete, Cement Siding
- Foundation
- Slab
- Roof
- Concrete
- Fencing
- N/A
- Lot Features
- Paved, Cleared
School Information
- Elementary
- Azalea Elementary-Pn
- Middle
- Azalea Middle-Pn
- High
- Boca Ciega High-Pn
Additional Information
- Date Listed
- July 9, 2025
- Days on Market
- 328
- Zoning
- 1000
- Direction Faces
- West
- New Construction
- Yes
Mortgage Calculator
$
%
Years
Percent per year
This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. CENTURY 21 BEGGINS is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
Location
Treasure Island, Pinellas, FL, 33706
You may also like
Similar Properties
