Property
ActiveCondo
1/57
$1,750,000

11605 1ST STREET B1

Treasure Island, FL 33706
5
Beds
4
Baths
2,811
SqFt
0.22
Acres
STELLAR
#U8225803
Updated: Jun 30, 2026, 6:38pm

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.
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Included Appliances
DishwasherElectric Water HeaterMicrowaveRangeRefrigerator

Property Details

Interior
Appliances
DishwasherElectric Water HeaterMicrowaveRangeRefrigerator
Bathrooms Total Decimal
4
Building Area Total
3115
Cooling
Central Air
Floor Number
3
Flooring
Ceramic TileTile
Heating
CentralElectric
Interior Features
Split BedroomWalk-In Closet(s)
Laundry Features
Other
Living Area
2811
Rooms Total
3
Virtually Staged
Yes
Construction
Builder License Number
CGC1521525
Builder Model
Custom
Builder Name
Riker Construction LLC
Building Area Source
Builder
Building Area Units
Square Feet
Construction Materials
BlockCement SidingConcreteMetal FrameStucco
Direction Faces
West
Foundation Details
Slab
Levels
Three Or More
Living Area Source
Builder
Living Area Units
Square Feet
New Construction
Yes
Property Condition
Completed
Roof
Concrete
Stories Total
3
Year Built
2026
Site & Exterior
Covered Spaces
3
Exterior Features
BalconySliding Doors
Flood Zone Code
AE
Garage Spaces
3
I D X Participation
Yes
Lot Features
Cleared
Lot Size Acres
0.22
Lot Size Area
9600
Lot Size Dimensions
120 x 80
Lot Size Square Feet
9600
Lot Size Units
Square Feet
Parking Features
Garage Door OpenerTandemUnder Building
Public Survey Range
15
Public Survey Section
23
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Cable AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater Connected
Water Source
Public
Zoning
1000
Financials
Association Fee Frequency
Monthly
Association Fee Includes
Community PoolMaintenance StructureMaintenance GroundsPool Maintenance
Calculated List Price By Calculated Sq Ft
622.55
Condo Fees
992
Condo Fees Term
Monthly
Contract Status Change Date
2024-01-05
Current Price
1750000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1-7 Days
Monthly Condo Fee Amount
992
Ownership
Fee Simple
Parcel Number
11605 1ST ST E # 6
Public Survey Township
31
Tax Annual Amount
7040
Tax Block
H
Tax Book Number
27-71
Tax Legal Description
TREASURE ISLAND, CITY OF BLK H, LOTS 1 & 2
Tax Lot
Yes
Tax Year
2022
Total Annual Fees
11904
Total Monthly Fees
992

Neighborhood & Lifestyle

Community & Association
Association Fee Requirement
Required
Association Name
Capri Townhomes
Community Features
Pool
M L S Area Major
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Number Of Pets
2
Pet Restrictions
Buyer/Buyer's agent to verify
Pets Allowed
Number LimitYes
Subdivision Name
CAPRI TOWNHOME CONDOMINIUM
Schools
Ratings
Elementary
Azalea Elementary-PN
Middle
Azalea Middle-PN
High
Boca Ciega High-PN
Listing provided courtesy of STELLAR via IDX. Updated: Jun 30, 2026, 6:38pm.
Jeffrey Beggins

Listing Agent

CENTURY 21 BEGGINS

Call Agent