Florida
Treasure Island
11605 1ST STREET E 2

$1,690,000

11605 1ST STREET E 2, Treasure Island, FL 33706

5 beds |
4 baths |
2,634 sqft

Town Home
Built in 2022
9,583sqft lot
3 car garage
$642/sqft
Listed 28 days ago

Property Description

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.

Listing Status:: Active
Date Added:: July 9, 2025 at 05:00AM
Listing Office:: CENTURY 21 BEGGINS : 800-541-9923
Listing Agent:: Jeffrey Beggins : 813-245-0015
MLS ID:: TB8405522

General: Split BedroomWalk-In Closet(s)
Appliances: DishwasherElectric Water HeaterMicrowaveRangeRefrigerator
Laundry: Other
Flooring: Ceramic TileTile
A/C: Central Air
Heating: CentralElectric

This listing courtesy of Jeffrey Beggins, CENTURY 21 BEGGINS

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Gulf Beaches Elementary Magnet School

8600 Boca Ciega Dr, St Pete Beach, FL, 33706

Grades KG-5

2.08 miles away

Azalea Middle School

7855 22nd Ave N, Saint Petersburg, FL, 33710

Grades 6-8

2.11 miles away

St. Petersburg Collegiate High School

6605 5th Ave N, Saint Petersburg, FL, 33710

Grades 10-12

2.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.