
11605 1ST ST E #5
5, 4, 2,811ft²
MLS#: U8225803
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, 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. 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.
Driving 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.
Rooms | Dimension | Description |
---|---|---|
Kitchen | 14x11 | Second level , Ceramic Tile |
Living Room | 10x18 | Second level , Tile |
Primary Bedroom | 19x15 | Third level , Tile |
5, 4, 2,811ft²
MLS#: U8225803
3, 3, 2,460ft²
MLS#: TB8373454
4, 2, 2,812ft²
MLS#: TB8402952
4, 2, 2,836ft²
MLS#: TB8335385