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11605 1st St
For Sale $1,750,000 ($622.55 per Sq Ft)
$1,750,000 ($622.55 per Sq Ft)
- 5 Bedrooms
- 4 Bathrooms
- 2,811 Sq Ft
- 9,600 Sq Ft
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,750,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | 2,811 |
| Number of Stories | 3 stories |
| Parking Spots | 3 spots |
| Year Built | 2024 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Capri Townhomes |
| Association Amenities: | Unknown |
| APN # | 11605 1ST ST E # 6 |
| MLS # | U8225803 |
| Property ID | 320146557 |
| Lot Sqft | 9,600 |
| Zoning | 1000 |
| Days on Market | 715 |
| Original List Price | $1,695,000 |
| Applicances | Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator% |
| Date Updated | December 06, 2025 |
| Date Created | January 05, 2024 |
Listing Provided By
Jeffrey Beggins an agent of CENTURY 21 BEGGINS. Lic #3579005
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of December 06, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT