$1,690,000 for Sale
11605 1st street, treasure island, FL 33706
| Beds 5 | Baths 4 | 2,811 Sqft | 0.22 Acres |
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Property Description
Under Construction. Nearly completed. Move in ready in early December 2024. High and Dry, Elevated Strong, built to the stringent Hurricane codes and was virtually unscathed in both storms. Experience the epitome of first-class, robust construction coupled with luxurious finishes. These one of a kind, 5 bedroom, 4.5 Bath, 2800 square feet, 2+ car garage, triple level townhome style condominiums with rooftop decks reinforced to hold hot tubs are complemented by a community pool merely a block away from the sparkling sands and peaceful waters of Treasure Island. . Zero Rental restrictions allow you to participate in the lucrative short term weekly and long weekend rental market (Nightly, Weekly VRBO All OK),. 3rd party rental projection estimate close to $200K annual gross income. You can also live here full time as a primary residence offering you the rare flexibility of both uses. Pets are allowed no size limits. Big Dogs need beach homes too. Developer wants to help those who have been affected by the recent hurricanes. With a 20% deposit, the developer is willing to wait for closings for a little while if it helps your current situation. There are only a few units left, and they will be ready very soon for occupancy. We are here to help and make it easy for you to be one of the next great owners at the Capri Townhomes. Developer is willing to provide a furniture allowance to be given at closing. Buy now and take advantage of the ultra high demand rental market for displaced families couples or restoration company employees looking for short term leases as the community allows for nightly or weekly rentals which will cover nicely until the season comes with very limited competition. Third-party rental projections from Resort Rentals anticipate these units to generate close to $200,000 annually. Don't miss the chance to become a part of the unparalleled Capri experience.
General Information
Sale Price: $1,690,000
Price/SqFt: $601
Status: Active
MLS#: U8225803
City: treasure island
Post Office: treasure island
Schools: boca ciega high-pn
County: Pinellas
Subdivision: capri townhome condominium
Acres: 0.22
Lot Dimensions: 120 x 80
Bedrooms:5
Bathrooms:4 (4 full, 0 half)
House Size: 2,811 sq.ft.
Acreage: 0.22 est.
Year Built: 2024
Property Type: Condominium
Style:
Features & Room Sizes
Paved Road: Paved
Construction: Block, Cement Siding, Concrete, Metal Frame, Stucco
Exterior Misc: Balcony, Sliding Doors
Pool: Yes
Pool Description: Community Pool
Basement: No
Foundation : Slab
Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Cooling: Central Air
Heating: Central, Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $7,040
HOA fees: 0
HOA fees Period: Monthly
Legal Description: TREASURE ISLAND, CITY OF BLK H, LOTS 1 & 2
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Jeffrey Beggins of CENTURY 21 BEGGINS, Phone: 800-541-9923
