About 11605 1st Street E B1
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.
Features of 11605 1st Street E B1
| 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 B1
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