11605 1ST ST E #B1, Treasure Island, FL 33706
11605 1ST ST E #B1, Treasure Island, FL 33706
11605 1ST ST E #B1, Treasure Island, FL 33706
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$1,750,000
Est. payment /mo
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5 Beds
4 Baths
2,811 SqFt
Open Fri 11AM-3PM

11605 1ST ST E #B1 Treasure Island, FL 33706

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HEIDY OLEA

HEIDY OLEA

+1(239) 318-4689

Open House

Fri Jul 03, 11:00am - 3:00pm

Sun Jul 05, 11:00am - 3:00pm

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 2,811 sqft

Price per Sqft $622

Subdivision Capri Townhome Condominium

MLS Listing ID U8225803

Bedrooms 5

Full Baths 4

Condo Fees $992

Construction Status Completed

HOA Y/N No

Annual Recurring Fee 11904.0

Year Built 2026

Annual Tax Amount $7,040

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 120x80

Property Sub-Type Condominium

Source Stellar MLS

Property Description

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 mind - from remote-work-friendly floor plans to rooftop entertaining spaces that bring the Florida sunset to your doorstep.

Location

State FL

County Pinellas

Community Capri Townhome Condominium

Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

Zoning 1000

Direction E

Interior

Interior Features Split Bedroom, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile, Tile

Fireplace false

Appliance Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator

Laundry Other

Exterior

Exterior Feature Balcony, Sliding Doors

Parking Features Garage Door Opener, Tandem, Basement

Garage Spaces 3.0

Community Features Pool

Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Concrete

Attached Garage true

Exposure West

Garage true

Private Pool No

Building

Lot Description Cleared, Paved

Story 3

Entry Level Three Or More

Foundation Slab

Lot Size Range 0 to less than 1/4

Builder Name Riker Construction LLC

Sewer Public Sewer

Water Public

Unit Floor 3

Structure Type Block,Cement Siding,Concrete,Metal Frame,Stucco

New Construction true

Construction Status Completed

Schools

Elementary Schools Azalea Elementary-Pn

Middle Schools Azalea Middle-Pn

High Schools Boca Ciega High-Pn

Others

Pets Allowed Number Limit, Yes

HOA Fee Include Pool,Maintenance Structure,Maintenance Grounds

Senior Community No

Ownership Fee Simple

Monthly Total Fees $992

Acceptable Financing Cash, Conventional

Membership Fee Required Required

Listing Terms Cash, Conventional

Num of Pet 2

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8225803

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Jeffrey Beggins CENTURY 21 BEGGINS

NEARBY SCHOOL & BUSINESS

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HEIDY OLEA

HEIDY OLEA

Broker / Owner | License ID: BK3428799

+1(239) 318-4689

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Last Updated: June 25, 2025

 


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If you have any questions about this Privacy Policy or how your information is handled, please contact us:The Olea Group Real Estate and Construction, LLC

110 Northeast 2nd Place, Unit 103

Cape Coral, Florida, 33909

Phone: (239) 318-4689

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11605 1ST ST E #B1