tomo logo

$1,690,000

Beds
5
Baths
4.0
sq ft
2,811

11605 1st St E Unit 6, Treasure Island, FL 33706

11605 1st St E Unit 6

TREASURE ISLAND, FL 33706

  • 323 days on market
    • Price drop $5,000↓
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.

Details

Property type

Condominium

Property condition

Under Construction
New Construction

Lot size

9,600 sq ft

Price per sq ft

$602

Year built

2024

Annual property taxes

$7,040

Monthly HOA fee

$992

Price History

10/29/2024
StellarMLS

StellarMLS #U8225803

Price change
$1,690,000
-0.29%
01/05/2024
StellarMLS

StellarMLS #U8225803

Listed
$1,695,000

Schools & Community

Elementary school: 

Azalea Elementary-PN

Middle school: 

Azalea Middle-PN

High school: 

Boca Ciega High-PN

Community features: 

Pool

Status: Active

Tomo last checked: 11/23/2024 at 4:15 AM

Listing updated: 10/30/2024 at 1:33 PM

Listed by: Jeffrey Beggins, CENTURY 21 BEGGINS Phone #: (800) 541-9923

MLS: StellarMLS #U8225803

StellarMLS logo

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