11605 1St Street #B1, Treasure Island, FL 33706
For Sale $1,750,000
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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 its just steps away from the pristine sands of Treasure Island and iconic Johns Pass Village. Whether you e 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.
Split Bedroom
Walk-In Closet(s)
Taxes: $7,040.00
Tax Year: 2022
HOA Frequency 1: Monthly
Condo Fee Frequency: Monthly
Balcony
Sliding Doors
Dishwasher
Electric Water Heater
Microwave
Range
Refrigerator
Elementary School: Azalea Elementary-Pn
Middle School: Azalea Middle-Pn
Junior High: Azalea Middle-Pn
High School: Boca Ciega High-Pn
MLS Area: 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Price per Square Feet: $622.55
Total Floors: 3
Water: Public
Lot Desc.: Cleared, Paved
Construction: Block, Cement Siding, Concrete, Metal Frame, Stucco
Date Listed: 2024-01-05 20:23:26
Pool: No
Parking: Garage Door Opener, Tandem, Basement
Garage Spaces: 3
Flooring: Ceramic Tile, Tile
Roof: Concrete
Heating: Central, Electric
Cooling: Central Air
Pets: Number Limit, Yes
Sewer: Public Sewer
Listing Courtesy Of: Century 21 Beggins
jeffbeggins@c21be.com
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 its just steps away from the pristine sands of Treasure Island and iconic Johns Pass Village. Whether you e 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.
Property Details
Price: $1,750,000
Sq Ft: 2,811
($623 per sqft)
Bedrooms: 5
Bathrooms: 4
City: Treasure Island
County: Pinellas
Type: Condominium
Development: Capri Townhome Condominium
Acres: 0.22
Virtual Tour/Floorplan: View
Year Built: 2024
Listing Number: U8225803
Status Code: A-Active
Taxes: $7,040.00
Tax Year: 2022
Garage:
3
Pets Allowed: Number Limit, Yes
Interior Features:
Split Bedroom
Walk-In Closet(s)
Financial Information:
Taxes: $7,040.00
Tax Year: 2022
HOA Frequency 1: Monthly
Condo Fee Frequency: Monthly
Exterior Features:
Balcony
Sliding Doors
Equipment:
Dishwasher
Electric Water Heater
Microwave
Range
Refrigerator
School Information:
Elementary School: Azalea Elementary-Pn
Middle School: Azalea Middle-Pn
Junior High: Azalea Middle-Pn
High School: Boca Ciega High-Pn
Additional Information:
MLS Area: 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Price per Square Feet: $622.55
Total Floors: 3
Water: Public
Lot Desc.: Cleared, Paved
Construction: Block, Cement Siding, Concrete, Metal Frame, Stucco
Date Listed: 2024-01-05 20:23:26
Pool: No
Parking: Garage Door Opener, Tandem, Basement
Garage Spaces: 3
Flooring: Ceramic Tile, Tile
Roof: Concrete
Heating: Central, Electric
Cooling: Central Air
Pets: Number Limit, Yes
Sewer: Public Sewer
Map of 11605 1St Street #B1, Treasure Island, FL 33706
Listing Courtesy Of: Century 21 Beggins
jeffbeggins@c21be.com