11605 1ST STREET
TREASURE ISLAND, FL 33706
About this home
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.
Facts & features
Interior
- Bedrooms
- 5
- Bathrooms
- 4
- Living area
- 2,811 sqft
- Heating
- Central, Electric
- Cooling
- Central Air
- Flooring
- Ceramic Tile, Tile
- Stories
- 3
- Features
- Split Bedroom, Walk-In Closet(s)
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Exterior & lot
- Lot size
- 9,600 sqft (0.22 ac)
- Roof
- Concrete
- Construction
- Block, Cement Siding, Concrete, Metal Frame, Stucco
- Exterior
- Balcony, Sliding Doors
Parking
- Garage
- 3 spaces
Financial
- Annual tax
- $7,040 (2022)
- Price / sqft
- $623/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Property
- Property type
- Condo
- Year built
- 2026
- Subdivision
- CAPRI TOWNHOME CONDOMINIUM
- County
- Pinellas
Assigned schools
- Elementary
- Azalea Elementary-PN
- Middle
- Azalea Middle-PN
- High
- Boca Ciega High-PN
Listing
- Status
- Active
- Days on market
- 909 days
- MLS #
- MFR711754080
- Source
- Stellar MLS
Listed by Jeffrey Beggins · CENTURY 21 BEGGINS
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 19 comparable sales within 1 mile of TREASURE ISLAND, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $8,849/mo
- Property tax
- $587/mo
- Home insurance
- $0/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 5, 2026 | Price increased | $1,750,000 | +$55,000 |
| Jan 5, 2024 | Listed | $1,695,000 | — |
NeighbourhoodSample data
Reference scores for TREASURE ISLAND, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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