
11605 1st St E Unit 5 Treasure Island, FL 33706
Estimated payment $11,161/month
Highlights
- New Construction
- Community Pool
- 3 Car Attached Garage
- Boca Ciega High School Rated A-
- Balcony
- Tandem Parking
About This Home
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.
Listing Agent
CENTURY 21 BE3 Brokerage Phone: 800-541-9923 License #3579005 Listed on: 01/05/2024

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,040
Year Built
- Built in 2024 | New Construction
Lot Details
- West Facing Home
- Cleared Lot
HOA Fees
- $992 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Tandem Parking
- Garage Door Opener
Home Design
- Slab Foundation
- Steel Frame
- Concrete Roof
- Concrete Siding
- Cement Siding
- Block Exterior
- Stucco
Interior Spaces
- 2,811 Sq Ft Home
- 3-Story Property
- Sliding Doors
- Living Room
- Ceramic Tile Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 4 Full Bathrooms
Outdoor Features
- Balcony
Schools
- Azalea Elementary School
- Azalea Middle School
- Boca Ciega High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 1 / H
- Assessor Parcel Number 11605 1ST ST E # 6
Community Details
Overview
- Association fees include pool, maintenance structure, ground maintenance
- Capri Townhomes Association
- Built by Riker Construction LLC
- Capri Townhome Condominium Subdivision, Custom Floorplan
Recreation
- Community Pool
Pet Policy
- 2 Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/09/2025 07/09/25 | Price Changed | $1,750,000 | +3.6% | $623 / Sq Ft |
02/03/2025 02/03/25 | For Sale | $1,690,000 | 0.0% | $601 / Sq Ft |
01/31/2025 01/31/25 | Off Market | $1,690,000 | -- | -- |
10/29/2024 10/29/24 | Price Changed | $1,690,000 | -0.3% | $601 / Sq Ft |
01/05/2024 01/05/24 | For Sale | $1,695,000 | -- | $603 / Sq Ft |
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Source: Stellar MLS
MLS Number: U8225803

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