$1,750,000
11605 1st Street
Treasure Island, FL 33706
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
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, Private Elevator in unit, 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. 3rd party cost segregation tax benefit estimate of $245,000 that the buyer may be able to reduce their taxable income by… buyer to confirm with their tax advisor. 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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history867 days on market
- Status: ActiveFeb 3, 2025
- Listed$1,695,000Jan 5, 2024
- Price increased$1,750,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 867
- Subdivision
- Capri Townhome Condominium
- County
- Pinellas
- Year built
- 2026
- Living area
- 2,811 sq ft
- Price/sq ft
- $623
- Building area
- 3,115 sq ft (Builder)
- Lot size
- 9,600 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0194H)
- Garage
- 3 spaces
- Annual taxes
- $7,040 (2022)
- Parcel #
- 11605 1ST ST E # 6
- Zoning
- 1000
- MLS #
- U8225803
Interior Details
- Bedrooms
- 5
- Full bathrooms
- 4
- Flooring
- Ceramic Tile, Tile
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Interior features
- Split Bedroom, Walk-In Closet(s)
- Laundry
- Other
- Stories / Levels
- Three Or More
- Direction faces
- West
- New construction
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 3
- Attached garage
- Yes
- Parking features
- Garage Door Opener, Tandem, Basement
HOA & Financial
- HOA fee
- $0 / Monthly
- Monthly HOA
- $0/mo
- Total monthly fees
- $992/mo
- Total annual fees
- $11,904
- HOA name
- Capri Townhomes
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Balcony, Sliding Doors
- Construction materials
- Block, Cement Siding, Concrete, Metal Frame, Stucco
- Roof
- Concrete
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Community
- Pets allowed
- Number Limit, Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Second | 14x11 |
| Living Room | Second | 10x18 |
| Primary Bedroom | Third | 19x15 |
Listing Details
- Listing date
- 2024-01-05
- On market date
- 2024-01-05
- Original list price
- $1,695,000
- Occupant type
- Vacant
- MLS area
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-02-03
- Tax legal description
- TREASURE ISLAND, CITY OF BLK H, LOTS 1 & 2
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
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
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 24, 2026 at 4:05 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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