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.
Features
: Central, Electric
: Central Air
: Tandem, Garage Door Opener, Basement
: Balcony, Sliding Doors
: Ceramic Tile, Tile
: Walk-In Closet(s), Split Bedroom
: Other
: Public Sewer
: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Appliances
: Range, Dishwasher, Refrigerator, Electric Water Heater, Microwave
Address Map
US
FL
Pinellas
Treasure Island
TREASURE ISLAND CITY OF
33706
1ST
11605
STREET
West
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.
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
E
3
1000
Neighborhood
Azalea Elementary-PN
Boca Ciega High-PN
Azalea Middle-PN
Additional Information
120x80
: Public
https://www.propertypanorama.com/instaview/stellar/TB8405546
2025-07-09
: Paved, Cleared
: Three Or More
3
: Slab
: Block, Concrete, Stucco, Metal Frame, Cement Siding
: None
2706
1
Financial
Monthly
: Maintenance Grounds, Pool, Maintenance Structure
1
7040
Listing Information
261506984
260010524
Cash,Conventional
Active
2025-09-13T18:06:19Z
Stellar
: None
2025-07-09T19:00:24Z
Residential For Sale
11605 1st St E #3, Treasure Island, Florida 33706
5 Bedrooms
4 Bathrooms
2,634 Sqft
$1,690,000
Listing ID #TB8405546
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : TB8405546
Price : $1,690,000
Bedrooms : 5
Bathrooms : 4
Square Footage : 2,634 Sqft
Year Built : 2022
Lot Area : 0.22 Acre
Full Bathrooms : 4
New Construction Yn : 1
Property Sub Type : Townhouse
Roof : Concrete