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11605 1ST Street E , A3

Treasure Island, FL 33706
  • $1,690,000
  • STATUS: Active
  • ON SITE: 123 Days
  • MLS #: TB8405546
Open House
UPDATED: 67 min ago
$1,690,000
  • 5
    BEDS
  • 0.22
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,634
    SQFT
  • $642
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
2022
County:

School Information

Elementary School:
Middle School:
High School:

Description

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, 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.

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-11-10T22:46:18.737.
www.gulfcoastregroup.com/homes/165695891
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11605 1ST Street E , A3 Treasure Island, FL 33706

  • Price: $1,690,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 67 min ago
  • MLS #: TB8405546
5
Beds
4
Baths
0
½ Baths
0.22
Acres
2,634
SQFT
$642
$/SQFT
2022
Built
Neighborhood:
Treasure Island City Of
County:
Pinellas
Area:
St Pete/Pass A Grille Beach/St Pete Beach/Treasure Island
Elementary School:
Azalea Elementary-Pn
Middle School:
Azalea Middle-Pn
High School:
Boca Ciega High-Pn
Property Description
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, 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.
Exterior Features

Attached Garage Yn Yes Carport Yn No Construction Materials BlockCement SidingConcreteMetal FrameStucco Covered Spaces 3 Direction Faces West Exterior Features BalconySliding Doors Foundation Details Slab Lot Features Cleared Lot Size Dimensions 120 x 80 Parking Features Garage Door OpenerTandemUnder Building Pool Private Yn No Road Frontage Type Street Paved Road Surface Type Paved Roof Concrete Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DishwasherElectric Water HeaterMicrowaveRangeRefrigerator Building Area Total 2706 Building Elevator Yn Yes Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Ceramic TileTile Heating CentralElectric Heating YN Yes Interior Features Split BedroomWalk-In Closet(s) Laundry Features Other Levels Three Or More Rooms Living Room Primary Bedroom (Walk-In Closet(s)) Kitchen Sewer Public Sewer Water Source Public

Property Features

Additional Lease Restrictions Buyer/Buyer's agent to verify Association Approval Required Yn No Association Fee 0 Association Fee Frequency Monthly Association Fee Includes Community PoolMaintenance StructureMaintenance GroundsPool Maintenance Association Fee Monthly Amount 0 Association Fee Requirement Required Association Yn Yes Building Name Number N/A Cdd Yn No Community Features None Condo Fee Monthly Amount 992 Condo Fees 992 Condo Fees Term Monthly Down Payment Resource No Flood Zone Code AE Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventional Minimum Lease No Minimum New Construction Yn Yes Number Of Pets 2 Ownership Fee Simple Pet Restrictions Buyer/Buyer's agent to verify Pets Allowed Number LimitYes Property Attached YN No Property Condition Completed Property Sub Type Townhouse Realtor Info Docs AvailableFloor Plan Available Required Remarks One or more photo(s) has been virtually staged. Senior Community Yn No Special Listing Conditions None Tax Annual Amount 7040 Total Annual Fees 11904 Total Monthly Fees 992 Utilities Cable AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No Zoning 1000


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of CENTURY 21 BEGGINS: 800-541-9923.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-11-10T22:46:18.737.
 
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