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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.
Property Type
Residential
Bedrooms
5
Bathrooms
4
Square Feet
2,634
Garage Spaces
3
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Days on Market
328
Status
Active
Year Built
2026
HOA Fee
$0/Monthly
Annual Tax
$7,040
City
TREASURE ISLAND
Zip Code
33706
Understand how walkable this neighborhood is and what transportation options are available. These scores help you evaluate the convenience and lifestyle of the area.
Walk Score data unavailable for this location.
Elementary
Azalea Elementary-PN
Middle
Azalea Middle-PN
High
Boca Ciega High-PN
Based on 20% down ($338,000), 6.5% interest rate, 30-year fixed mortgage. Taxes from the most recent assessment on record. Insurance estimated at 0.5% of list price annually. All figures are estimates — actual costs will vary.
