Open Houses
11605 1ST STREET E, #B3
Treasure Island, FL 33706
$1,695,000
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.
Listing Courtesy of: CENTURY 21 BEGGINS
813-658-2121
| Listing Id: | U8195560 |
|---|---|
| Property Type: | Residential |
| Status: | Active |
| Bathrooms Full: | 4 |
| Living Area: | 2,519 |
| Tax Annual Amount: | $7,040 |
| Lot Size Acres: | 0.22 |
| County Or Parish: | Pinellas |
| Postal Code: | 33706 |
| Association Fee Frequency: | Monthly |
| Attached Garage?: | Yes |
| Bathrooms Total Integer: | 4 |
| Building Area Total: | 2594 |
| Foundation Details: | Slab |
| Directions: | Follow I-275 S to FL-595 N/5th Ave N in St. Petersburg. Take exit 23B from I-275 S, Take 1st Ave N, Central Ave N and Treasure Island Causeway to 1st St E in Treasure Island |
| Exterior Features: | Balcony |
| Garage?: | Yes |
| Community Features: | None |
| High School: | Boca Ciega High-PN |
| Levels: | Three Or More |
| Listing Contract Date: | 2023-03-29 |
| Living Area Source: | Builder |
| Lot Features: | Cleared, Paved |
| Lot Size Dimensions: | 120x80 |
| MLS Area Major: | 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl |
| Parcel Number: | 11605 1ST ST E # B-3 |
| Township: | 31 |
| Road Surface Type: | Paved |
| Listing Terms: | Cash, Conventional |
| Sewer: | Public Sewer |
| Additional Parcels Description: | 23-31-15-91908-008-0010, 0011, 0021 |
| Public Survey Range: | 15 |
| Zoning: | 1000 |
| Additional Lease Restrictions: | Buyer/Buyer's agent to verify |
| Association Approval Required Yn: | No |
| Association Fee Requirement: | Required |
| Building Elevator Yn: | Yes |
| Cddyn: | No |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/U8195560?w=Customer |
| Flood Zone Date: | 2021-08-24 |
| Homestead Yn: | No |
| Listing Exclusion Yn: | No |
| Minimum Lease: | No Minimum |
| Pet Restrictions: | Buyer/Buyer's agent to verify |
| Total Acreage: | 0 to less than 1/4 |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Association Name: | Capri Townhomes |
| Association 2 Yn: | 0 |
| Originating System Name : | Stellar MLS |
| Listing Contract Date: | 2023-03-29 |
| List Price: | $1,695,000 |
|---|---|
| Property Sub Type: | Condominium |
| Bedrooms Total: | 5 |
| Condo Fees: | 992.0 |
| Lot Size Square Feet: | 9,600 |
| City: | Treasure Island |
| Subdivision Name: | Treasure Island City Of |
| Year Built: | 2026 |
| Additional Parcels?: | Yes |
| Appliances: | Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator |
| Association Fee Includes: | Pool, Maintenance Structure, Maintenance Grounds |
| Building Area Source: | Builder |
| Building Area Units: | Square Feet |
| Direction Faces: | West |
| Construction Materials: | Block, Cement Siding, Concrete, Metal Frame, Stucco |
| Cooling: | Central Air |
| Elementary School: | Azalea Elementary-PN |
| Flooring: | Ceramic Tile, Tile |
| Garage Spaces: | 3 |
| Heating: | Central, Electric |
| Interior Features: | Split Bedroom, Walk-In Closet(s) |
| Ownership: | Fee Simple |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.22 |
| Middle Or Junior School: | Azalea Middle-PN |
| MLS Area Major: | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| New Construction?: | Yes |
| Original List Price: | $1,750,000 |
| Parking Features: | Garage Door Opener, Tandem, Basement |
| Pets Allowed: | Number Limit, Yes |
| Stories Total: | 3 |
| Roof: | Concrete |
| Tax Year: | 2021 |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | Yes |
| Utilities: | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| Water Source: | Public |
| Property Condition: | Completed |
| Public Survey Section: | 23 |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 240.99 |
| Building Name Number: | N/A |
| Calculated List Price By Calcula: | 672.89 |
| Condo Fees Term: | Monthly |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/U8195560?w=Agent&skip_sso=true |
| Dpryn: | No |
| Exist Lse Tenant Yn: | No |
| Flood Zone Code: | AE |
| Flood Zone Panel: | 12103C0194H |
| Lease Restrictions Yn: | No |
| Living Area Meters: | 234.02 |
| Lot Size Square Meters: | 892 |
| Monthly Condo Fee Amount: | $992 |
| Number Of Pets: | 2 |
| Realtor Info: | Docs Available, Floor Plan Available |
| Room Count: | 3 |
| Sdeo yn: | No |
| Total Annual Fees: | $11,904 |
| Total Monthly Fees: | $992 |
| Unit Number Yn: | No |
| Water View: | No |
| Attribution Contact: | 813-658-2121 |
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Property Last Updated: October 08, 2026 04:15 PM - CT
