$1,690,000
11605 1ST STREET E UNIT 2
TREASURE ISLAND, FL, 33706
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.
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
Price:
$1,690,000
MLS #:
TB8405522
Status:
Active
Beds:
5
Baths:
4
Address:
11605 1ST STREET E UNIT 2
Type:
Townhouse
Subdivision:
TREASURE ISLAND CITY OF
Neighborhood:
33706 – Pass a Grille Bch/St Pete Bch/Treasure Isl
City:
TREASURE ISLAND
Listed Date:
Jul 9, 2025
State:
FL
Finished Sq Ft:
2,634
Total Sq Ft:
2,706
ZIP:
33706
Lot Size:
9,600 sqft / 0.22 acres (approx)
Year Built:
2022
Schools
Elementary School:
Azalea Elementary-PN
Middle School:
Azalea Middle-PN
High School:
Boca Ciega High-PN
Interior
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Tile
Heating
Central, Electric
Laundry Features
Other
Exterior
Community Features
None
Construction Materials
Block, Cement Siding, Concrete, Metal Frame, Stucco
Exterior Features
Balcony, Sliding Doors
Parking Features
Garage Door Opener, Tandem, Under Building
Roof
Concrete
Financial
HOA Frequency
Monthly
HOA Includes
Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance
HOA Name
Capri Townhomes
Tax Year
2024
Taxes
$7,040
Mortgage Calculator
Map
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Courtesy of CENTURY 21 BEGGINS. Disclaimer: All data relating to real estate for sale on this page comes from the Internet Data Exchange (IDX) Program of Stellar MLS. Detailed information about real estate listings held by brokerage firms other than Treasured Home Collection include the name of the listing broker. Neither the listing company nor Treasured Home Collection shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 11605 1ST STREET E UNIT 2
TREASURE ISLAND, FL
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