11605 1st Street E Unit B3, Treasure Island, FL 33706

$1,695,000
5
BD
4
BA
2,519
SqFt

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List Price
$1,695,000
Price Change
▼ $55,000 1790032190
MLS#
U8195560
Type
Condo
Property Style
Condo
Bedrooms
5
Bathrooms
4
Living Area
2,519
Lot Size
9,600
Subdivision
Treasure Island City Of
Year Built
2026

Property Description

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.

Additional Information

Condo Maint. Fee
$992
Condo Maint. Fee Schedule
Monthly
Community Features
None, No Deed Restriction
Style
Three+ Story
Exterior Construction
Block, Cement Siding, Concrete, Metal Frame, Stucco
HOA Schedule
Monthly
Mnthly. Maint. Incl.
Pool, Maintenance Structure, Maintenance Grounds
Interior
Split Bedroom, Walk-In Closet(s)
Interior Features
Split Bedroom, Walk-In Closet(s)
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Exterior
Balcony
Roof
Concrete
High School
Boca Ciega High-PN
Middle School
Azalea Middle-Pn
Elementary School
Azalea Elementary-Pn
Located Near
Cleared, Paved
Utilities
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Garage
Garage Door Opener, Tandem, Basement
Floor
Ceramic Tile, Tile
Heating
Central, Electric
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of CENTURY 21 BEGGINS.

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