#U8255925, Estelia Will Mesimer, Listing Office: COLDWELL BANKER REALTY
$10,000
closing credit¹
11605 1st St E Unit 6 Treasure Island, FL 33706
Property details
About 11605 1st St E Unit 6
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.
Highlights
Virtual tour
Summary
- MLS Number: U8225803
- MLS Name: MFRMLS
- Office Name: CENTURY 21 BEGGINS
- Office Phone: (800) 541-9923
- Listing Agent: Jeffrey Beggins
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$1,690,000
11605 1st St E Unit 6
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
9
Gulf Beaches Elementary Magnet School
Public Magnet KG-5
2.1 mi
•8600 Boca Ciega Dr
5
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. Residents of Treasure Island, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
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Frequently asked questions
About 11605 1st St E Unit 6
This home is located at 11605 1st St E Unit 6 in Treasure Island, FL and zip code 33706 in the Treasure Island Downtown neighborhood. This 2,811 square foot home, which was built in 2024, sits on a 0.22 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 5, 2024 and is currently priced at $1,690,000.
Treasure Island, FL housing market in January 2025 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 23 sold below. The number of listings in Treasure Island, FL increased by 18.8% between December and January 2025. The median list price of listings available in January 2025 was $777,000, while the average time on the real estate market was 58 days.