11605 1ST STREET E
TREASURE ISLAND, FL, 33706

Price$1,690,000
Beds5
Baths4
SqFt2,634

Status:Active
Property Type:Residential
School:
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.

Listing provided by: CENTURY 21 BEGGINS, Jeffrey Beggins

Source: Stellar MLS, MLS#: TB8405522

Price $1,690,000
Bedrooms 5
Full Baths 4
Half Baths 0
Total Baths 4
Lot Size 120 x 80
Lot Size Area 9600
Lot Size Area Units Square Feet
Acres 0.22
Property Type Residential
Sub type Townhouse
MLS Sub type Townhouse
Features Split Bedroom, Walk-In Closet(s)
Exterior Features Balcony, Sliding Doors
Year Built 2022
Subdivision TREASURE ISLAND CITY OF
Roof Concrete
Heating Central, Electric
Foundation Slab
Lot Description Cleared
Laundry Features Other
Parking Description Garage Door Opener, Tandem, Under Building
Garage spaces 3
Association Name Capri Townhomes
Association Fee 0
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.
County Pinellas
Latitude 27.775402
Longitude -82.774416
Market Area 33706 – Pass a Grille Bch/St Pete Bch/Treasure Isl
Address 11605 1ST STREET E #A2, TREASURE ISLAND, FL 33706
Unit A2
Postal Code 33706
City TREASURE ISLAND
State FL
Country United States
Listing Office CENTURY 21 BEGGINS
Listing Office Phone 800-541-9923
Listing Agent Jeffrey Beggins
Listing Agent Phone 813-245-0015
Special listing conditions None
Ownership Fee Simple
Terms Cash, Conventional
Virtual Tour URL https://www.propertypanorama.com/instaview/stellar/TB8405522
Elementary School Azalea Elementary-PN
Middle School Azalea Middle-PN
High School Boca Ciega High-PN
Days on market 241
MLS Status Active
Listing Date Jul 9, 2025
Listing Last Modified Mar 7, 2026
Tax ID 11605 1ST ST E # A3
Tax Year 2024
Tax Annual Amount 7040
MLS Area 33706 – Pass a Grille Bch/St Pete Bch/Treasure Isl
MLS # TB8405522

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