Tim Hack
Property 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.
Property Features
Amenities
Feature Descriptions
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Local Schools
Listed By / Shown By
Listed By
Agency Name: CENTURY 21 BEGGINS
Agency Contact: 813-658-2121
Shown By
Agent Name: Tim Hack
Agent Phone: (386) 740-5945
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 9,780.96 per month $8,683.88 Principal & Interest $586.67 Property Tax $510.42 Homeowner's InsuranceChange Payment Information
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11605 1st Street E, Unit B1 | MLS# U8225803
This condo located at 11605 1st Street E, Unit B1, Treasure Island, FL 33706 is currently listed for sale with an asking price of $1,750,000. This property was built in 2026 and has 5 bedrooms and 4 full baths with 2811 sq. ft. 1st Street E, Unit B1 is located in the CAPRI TOWNHOME CONDOMINIUM subdivision. Search CAPRI TOWNHOME CONDOMINIUM real estate on timhack.watsonrealtycorp.com today.