About 11605 1st Street E 5
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.
Features of 11605 1st Street E 5
| MLS® # | U8225803 |
|---|---|
| Price | $1,750,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,811 |
| Acres | 0.22 |
| Year Built | 2024 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Listing Details
| Office | CENTURY 21 BEGGINS |
|---|
Listing Map
Neighborhood Information for 11605 1st Street E 5
Stable Population, Low Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Admiral Farragut Academy Private - Preschool to 12Th Grade - Closest Elementry School |
2 Miles | |
|
|
Community Christian School Of Five Oaks Private - Kindergarten to 12Th Grade |
2 Miles | |
|
|
Wellmont Academy Private - to |
2 Miles | |
|
Gulf Beaches Elementary Magnet School Public - Kindergarten to 5Th Grade |
2 Miles | |
|
Azalea Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
2 Miles | |
|
|
Saint John Vianney Catholic School Catholic - Preschool to 8Th Grade |
2 Miles | |
|
|
Azalea Elementary School Public - Preschool to 5Th Grade |
2 Miles |
School data provided by GreatSchools