11605 1ST ST E #5 Treasure Island, FL 33706
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 2024
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
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.
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
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
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
