11605 1ST STREET E # A2, TREASURE ISLAND, FL 33706

Description of 11605 1ST STREET E # A2, TREASURE ISLAND, FL 33706

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.

Property Details for 11605 1ST STREET E # A2, TREASURE ISLAND, FL 33706

Bathrooms Full

4

Bathrooms Half

0

Interior Features

Split Bedroom, Walk-In Closet(s)

Appliances

Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator

Flooring

Ceramic Tile, Tile

Heating

Central, Electric

Cooling

Central Air

Garage Spaces

3

Attached Garage

Yes

Parking Features

Garage Door Opener, Tandem, Under Building

Pool Private

No

Property Condition

Completed

Direction Faces

West

Building Information for 11605 1ST STREET E # A2, TREASURE ISLAND, FL 33706

Building Area Total

2706

Building Area Units

Square Feet

Association

Yes

Association Fee

0

Association Fee Frequency

Monthly

Pets Allowed

Number Limit, Yes

Property Information for 11605 1ST STREET E # A2, TREASURE ISLAND, FL 33706

Lot Features

Cleared

Lot Size Square Feet

9,600

Waterfront

No

View

No

Construction Materials

Block, Cement Siding, Concrete, Metal Frame, Stucco

Roof

Concrete

Exterior Features

Balcony, Sliding Doors

Sewer

Public Sewer

Water Source

Public

New Construction

Yes

Public Records for 11605 1ST STREET E # A2, TREASURE ISLAND, FL 33706

Parcel Number

11605 1ST ST E # A3

Tax Annual Amount

$7,040

Tax Year

2024

Tax Legal Description

TREASURE ISLAND, CITY OF BLK H, LOTS 1 & 2

Zoning

1000

County Or Parish

Pinellas

Schools Near 11605 1ST STREET E # A2, TREASURE ISLAND, FL 33706

Elementary School

Azalea Elementary-PN

Middle School

Azalea Middle-PN

High School

Boca Ciega High-PN

School assignments are provided by the listing and should be independently verified.

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