Active

$1,690,000

Features:
  • 5 Bedrooms
  • 4 Bathrooms
  • 2634 sq ft
Overview
  • ID: MFRTB8405522
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 2634 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$1,690,000
HOA Fee:
0
Tax Amount:
$7040
Price per SqFt:
$641.61
Tax Legal Description:
TREASURE ISLAND, CITY OF BLK H, LOTS 1 & 2
Exterior Features
Lot Size:
9600
Lot Features:
Cleared, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Garage Door Opener, Tandem, Basement
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Furnished:
No
Floor:
Ceramic Tile, Tile
Levels:
Three Or More
Additional Features
Property Sub Type:
Townhouse
Style:
N/A
Year Built:
2022
Construction Type:
Block, Cement Siding, Concrete, Metal Frame, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Sliding Doors
Additional Features 2:
Buyer/Buyer's agent to verify
Map
  • Address
    11605 1ST ST E #2
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