#TB8405546, Jeffrey Beggins, Listing office: CENTURY 21 BEGGINS
11605 1st St E Unit 2 Treasure Island, FL 33706
Property details
About 11605 1st St E Unit 2
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.
Highlights
Virtual tour
Summary
- Full Bathrooms: 4
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Flooring Type: Ceramic Tile, Tile
- Interior: Split Bedroom, Walk-In Closet(s)
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Garage Door Opener, Tandem, Basement
- Exterior: Balcony, Sliding Doors
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $1,690,000
- Price/SqFt: $641
- HOA Amount: $0 Monthly
- Lot: Cleared, Paved
- 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.
- Year Built: 2022
- Living Area: 2,634 SqFt
- Lot Size: 0.22 Acres
- MLS Number: TB8405522
- MLS Name: MFRMLS
- Office Name: CENTURY 21 BEGGINS
- Office Phone: (800) 541-9923
- Listing Agent: Jeffrey Beggins
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Nearby schools
9
Gulf Beaches Elementary Magnet School
Public Magnet KG-5
2.1 mi
•8600 Boca Ciega Dr
7
Azalea Elementary
Public District PK-5
2.2 mi
•1680 74th St N
9
Pasadena Fundamental Elementary School
Public Magnet KG-5
2.3 mi
•95 72nd St N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,139. The most common annual income of people living in Treasure Island, FL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 11605 1st St E Unit 2
The listing price of 11605 1st St E Unit 2 property is $1,690,000.
The property 11605 1st St E Unit 2 is a townhouse located in Treasure Island, Florida, 33706.
Active Listing: 11605 1st St E Unit 2 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 11605 1st St E Unit 2 are: Gulf Beaches Elementary Magnet School (GreatSchools Rating 9/10), Azalea Elementary (GreatSchools Rating 7/10), Pasadena Fundamental Elementary School (GreatSchools Rating 9/10), Azalea Middle School (GreatSchools Rating 2/10), Madeira Beach Fundamental K-8 (GreatSchools Rating 9/10), Plato Academy of St.Petersburg (GreatSchools Rating 7/10), St. Petersburg Collegiate High School (GreatSchools Rating 10/10), Boca Ciega High School (GreatSchools Rating 3/10), Dixie Hollins High School (GreatSchools Rating 4/10).
The property at 11605 1st St E Unit 2 has 5 bedrooms and 4 bathrooms.
The property 11605 1st St E Unit 2 is 2,634 SqFt (source: MLS/tax record).
The year of construction for 11605 1st St E Unit 2 is 2022.
This home is located at 11605 1st St E Unit 2 in Treasure Island, FL and zip code 33706 in the Treasure Island Downtown neighborhood. This 2,634 square foot home, which was built in 2022, sits on a 0.22 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $1,690,000.
In June 2025, from all listings sold in Treasure Island, FL there were more than 1 sold above asking price, over 11 sold below and more than 0 were sold right at the asked price. The number of listings in Treasure Island, FL increased by 1.9% between May and June 2025. In June 2025, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $725,000.