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Wade M. Berlin

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11605 1st Street E 3
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PRICED AT ONLY: $1,690,000

Address: 11605 1st Street E 3, TREASURE ISLAND, FL 33706

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, 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.
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  • MLS#: TB8405546 ( Residential )
  • Street Address: 11605 1st Street E 3
  • Viewed: 10
  • Price: $1,690,000
  • Price sqft: $625
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 2706
  • Bedrooms: 5
  • Total Baths: 4
  • Full Baths: 4
  • Garage / Parking Spaces: 3
  • Days On Market: 15
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Sliding Doors
  • Flooring: Ceramic Tile, Tile
  • Living Area: 2634.00
  • Roof: Concrete
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Cleared, Paved
School Information
  • High School: Boca Ciega High-PN
  • Middle School: Azalea Middle-PN
  • School Elementary: Azalea Elementary-PN
Garage and Parking
  • Garage Spaces: 3.00
  • Open Parking Spaces: 0.00
  • Parking Features: Garage Door Opener, Tandem, Basement
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: Number Limit, Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee Includes: Pool, Maintenance Structure, Maintenance Grounds
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Association Name: Capri Townhomes
  • Country: US
  • Interior Features: Split Bedroom, Walk-In Closet(s)
  • Legal Description: TREASURE ISLAND, CITY OF BLK H, LOTS 1 & 2
  • Levels: Three Or More
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Occupant Type: Vacant
  • Parcel Number: 11605 1ST ST E # 3
  • Views: 10
  • Zoning Code: 1000
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin