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$1,750,000
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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.
Full Property Details
Full Property Details for 11605 1st St E #B1
General
- Price: $1,750,000
- HOA FEE: $992/month
- Taxes: $7,040 (2022)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: U8225803
- Updated: 11/26/2025
- Added to Site: 744 day(s) ago
Rental Information
- Min. Lease: 1-7 Days
Interior
- Number of Rooms: 3
- Interior Features: Split Bedroom, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Flooring: Ceramic Tile, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: Balcony, Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Garage Door Opener, Tandem, Under Building
Location
- Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- County: Pinellas
- Development Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Subdivision: CAPRI TOWNHOME CONDOMINIUM
- 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
- Direction Faces: West
School Information
- Elementary School: Azalea Elementary-PN
- Middle School: Azalea Middle-PN
- High School: Boca Ciega High-PN
Community
- Community Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Community Features: Pool
- Association: Yes
- Assoc. Name: Capri Townhomes
- Assoc. Fees Include: Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance
- Number of Pets: 2
- Pet Restrictions: Buyer/Buyer's agent to verify
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Structural Information
- Builder: Riker Construction LLC
- Approx Compl Date: 2024-09-30T04:00:00.000Z
- Exterior Const.: Block, Cement Siding, Concrete, Metal Frame, Stucco
- Roof: Concrete
- Stories/Levels: Three Or More
- Square Feet: 2,811
- Sq. Ft. Source: Builder
- Year Built: 2024
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,600
- Lot Size: 9600
- Lot Dimensions: 120 x 80
- Frontage: Street Paved
- Street/Road Desc.: Paved
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Condo Fee: $992
- Condo Fee Freq: Monthly
- Tax Amount: $7,040
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: TREASURE ISLAND, CITY OF BLK H, LOTS 1 & 2
- Flood Zone Info: AE
- APN: 11605 1ST ST E # 6
- Property ID: 11605 1ST ST E # 6
- Block/Lot/Section: H
Listed by Century 21 Beggins
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Schools
Schools serving 11605 1st St E #B1
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Azalea Elementary School 1680 74th St N, St. Petersburg, FL 33710 | PK-5 | 2.2 mi |
Azalea Middle School 7855 22nd Ave N, St. Petersburg, FL 33710 | 6-8 | 2.1 mi |
Boca Ciega High School 924 58th Street South, Gulfport, FL 33707 | 9-12 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11605 1st St E #B1
Date
Details
Price
Change
Source
10/29/2025
Sold
$1,750,000
—
Public Record
7/09/2025
Price Increased
$1,750,000
3.55%
MLS
10/29/2024
Price Reduced
$1,690,000
-0.29%
MLS
1/05/2024
Listed
$1,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11605 1st St E #B1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,744
3%
$1,011,687
—
2024
$16,330
1%
$1,011,687
3%
2023
$16,092
5%
$977,964
5%
2022
$15,367
116%
$927,380
127%
2021
$7,111
3%
$408,000
4%
2019
$6,919
8%
$391,680
9%
2018
$6,391
10%
$359,040
10%
2017
$5,825
-2%
$326,400
—
2016
$5,925
-3%
$326,400
—
2015
$6,079
-8%
$326,400
-7%
2014
$6,590
-7%
$352,200
-6%
2013
$7,105
—
$375,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11605 1st St E #B1
11605 1st Street E #B1, Treasure Island, FL 33706 (MLS# U8225803) is a Condo property with 5 bedrooms and 4 full bathrooms. 11605 1st Street E #B1 is currently listed for $1,750,000 and was received on January 05, 2024. Want to learn more about 11605 1st Street E #B1? Do you have questions about finding other Condo real estate for sale in Treasure Island? You can browse all Treasure Island real estate or contact a Coldwell Banker agent to request more information.

