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.
Details
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Property ID U8199313
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Price $1,750,000
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Property Size 2594 Sqft
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Land Area 0.22 Acres
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Bedrooms 5
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Bathrooms 4
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Garages 3
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Year Built 2026
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Property Type Condominium, Residential
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Property Status Pending
Additional details
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Listing Terms Cash, Conventional
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Roof Concrete
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Utilities Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling Central Air
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Heating Central, Electric
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Flooring Ceramic Tile, Tile
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County Pinellas
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Property Type Residential
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Parking Garage Door Opener, Tandem, Basement
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Elementary School Azalea Elementary-PN
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Middle School Azalea Middle-PN
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High School Boca Ciega High-PN
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Community Features None
Address
Open on Google Maps-
Address: 11605 1ST E STREET
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City: Treasure Island
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State/county: FL
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Zip/Postal Code: 33706
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Country: US