About 11605 1ST STREET, Treasure Island, Florida, 33706
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.
Utilities : Cable Available
Water Access : 0
Sewer : Public Sewer
Parking Features : Balcony
Garage On Property : Yes.
Exterior Features : Balcony
Lot Features : Cleared
Road Surface Type : Paved
Roof : Concrete
Zoning : 1000
Heating : Central
Cooling : Central Air
Construction Materials : Block
Interior Features : Split Bedroom
Laundry Features : Other
Appliances : Dishwasher
Flooring : Ceramic Tile
Utilities : Cable Available
Water Access : 0
Sewer : Public Sewer
Parking Features : Balcony
Garage On Property : Yes.
Exterior Features : Balcony
Lot Features : Cleared
Road Surface Type : Paved
Roof : Concrete
Zoning : 1000
Heating : Central
Cooling : Central Air
Construction Materials : Block
Interior Features : Split Bedroom
Laundry Features : Other
Appliances : Dishwasher
Flooring : Ceramic Tile

Street Address: 11605 1ST STREET
City: Treasure Island
State: Florida
Postal Code: 33706
County: Pinellas
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.

Property Information :
Listing Status: Active
Size: 2,634 Sqft
Lot Size: 9600.00 Acres
MLS #: TB8405522
Bedrooms: 5 bds
Bathrooms: 4 ba
Price: $1,690,000
Tax Amount: 7040
Construction Status: Built in 2022
Last Modified : Aug 18 2025 1:44AM

Courtesy of: Jeffrey Beggins, CENTURY 21 BEGGINS (MLS# 260010524)
Source MLS: StellarMLS