11605 1ST STREET E, #B1
Treasure Island, FL 33706
$1,690,000
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 ...
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Listing Courtesy of: CENTURY 21 BEGGINS
813-658-2121
Buyer Represented by: CENTURY 21 BEGGINS
| Listing Id: | U8225803 |
|---|---|
| List Price: | $1,750,000 |
| Close Price: | $1,690,000 |
| Close Date: | 2026-07-28 |
| Property Type: | Residential |
| Property Sub Type: | Condominium |
| Status: | Closed |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 4 |
| Living Area: | 2,811 |
| Condo Fees: | 992.0 |
| Tax Annual Amount: | $7,040 |
| Lot Size Square Feet: | 9,600 |
| Lot Size Acres: | 0.22 |
| Waterfront?: | No |
| City: | Treasure Island |
| County Or Parish: | Pinellas |
| Subdivision Name: | Capri Townhome Condominium |
| Postal Code: | 33706 |
| Year Built: | 2026 |
| Appliances: | Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator |
| Builder Name: | Riker Construction LLC |
| Association Fee Frequency: | Monthly |
| Association Fee Includes: | Pool, Maintenance Structure, Maintenance Grounds |
| Attached Garage?: | Yes |
| Bathrooms Total Integer: | 4 |
| Building Area Source: | Builder |
| Building Area Total: | 3115 |
| Building Area Units: | Square Feet |
| Direction Faces: | West |
| Foundation Details: | Slab |
| Construction Materials: | Block, Cement Siding, Concrete, Metal Frame, Stucco |
| Cooling: | Central Air |
| 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 |
| Elementary School: | Azalea Elementary-PN |
| Exterior Features: | Balcony, Sliding Doors |
| Flooring: | Ceramic Tile, Tile |
| Garage Spaces: | 3 |
| Garage?: | Yes |
| Community Features: | Pool |
| Heating: | Central, Electric |
| High School: | Boca Ciega High-PN |
| Interior Features: | Split Bedroom, Walk-In Closet(s) |
| Laundry Features: | Other |
| Levels: | Three Or More |
| Listing Contract Date: | 2026-07-23 |
| Ownership: | Fee Simple |
| Living Area Source: | Builder |
| Living Area Units: | Square Feet |
| Lot Features: | Cleared, Paved |
| Lot Size Acres: | 0.22 |
| Lot Size Dimensions: | 120x80 |
| Middle Or Junior School: | Azalea Middle-PN |
| MLS Area Major: | 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl |
| MLS Area Major: | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| New Construction?: | Yes |
| Original List Price: | $1,695,000 |
| Parcel Number: | 11605 1ST ST E # 6 |
| Parking Features: | Garage Door Opener, Tandem, Basement |
| Pets Allowed: | Number Limit, Yes |
| Stories Total: | 3 |
| Township: | 31 |
| Road Surface Type: | Paved |
| Roof: | Concrete |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2022 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | Yes |
| Builder Model: | Custom |
| Utilities: | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| Water Source: | Public |
| Property Condition: | Completed |
| Public Survey Range: | 15 |
| Public Survey Section: | 23 |
| Zoning: | 1000 |
| Association Approval Required Yn: | No |
| Association Fee Requirement: | Required |
| Available For Lease Yn: | Yes |
| Backups Requested Yn: | No |
| Builder License Number: | CGC1521525 |
| Building Area Total Srch Sq M: | 289.39 |
| Building Elevator Yn: | Yes |
| Building Name Number: | N/A |
| Calculated List Price By Calcula: | 622.55 |
| Cddyn: | No |
| Condo Fees Term: | Monthly |
| Condo Land Included Yn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/U8225803?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/U8225803?w=Customer |
| Dpryn: | No |
| Exist Lse Tenant Yn: | No |
| Flood Zone Code: | AE |
| Flood Zone Date: | 2021-08-24 |
| Flood Zone Panel: | 12103C0194H |
| Floor Number: | 3 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 261.15 |
| Lot Size Square Meters: | 892 |
| Minimum Lease: | 1-7 Days |
| Monthly Condo Fee Amount: | $992 |
| Number Of Pets: | 2 |
| Permit Number: | BLDC-004377-2022 |
| Pet Restrictions: | Buyer/Buyer's agent to verify |
| Projected Completion Date: | 09/30/2024 |
| Realtor Info: | Docs Available, Floor Plan Available |
| Room Count: | 3 |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Annual Fees: | $11,904 |
| Total Monthly Fees: | $992 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Association Name: | Capri Townhomes |
| Association 2 Yn: | 0 |
| Attribution Contact: | 813-658-2121 |
| Originating System Name : | Stellar MLS |
| In Law Suite Yn: | No |
| Listing Contract Date: | 2024-01-05 |
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Property Last Updated: October 08, 2026 06:12 PM - ET
