Price: $1,690,000
MLS Number: TB8405546
 Condo / Town Home
11605 1ST Unit 3, Treasure Island, Florida 33706 USA
 Beds: 5
 
 Baths: 4
 
 Living Area: 2,634
 Total Square Feet: 2,706
 
 Unit: 3
 
 Lot Square Feet: 9,600
 HOA Fees: $0
 
 Year Built: 2022
 
 Community: TREASURE ISLAND CITY OF
 
 Subdivision: TREASURE ISLAND CITY OF
 Elementary School: Azalea Elementary-PN
 
 Junior High: Azalea Middle-PN
 High School: Boca Ciega High-PN
 
About this Property
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.

About the Area

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