1 Key Capri #502E, Treasure Island, FL 33706
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
Listed by: don taylor
Office: smith & associates real estate
MLS#:TB8381558
Source:MFRMLS
Price summary
- Price:$454,900
- Price per sq. ft.:$387.15
About this home
Ask about BOAT SLIP availability … What if you could trade maintaining a home for a true maintenance-free waterfront lifestyle… in a gated, private island community with great views of Johns Pass and all of its activity? Well, WELCOME to Key Capri. …. for $485/month, your condo fee covers the cable, internet / Wi Fi, water, sewer, trash, security, landscaping, pool service, building maintenance, and more.
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Now, ADD IN: Building insurance (hazard, wind, flood): approx. $327/month … Reserves: $419/month (your share of over $860,000/year being set aside this year) … The Result: a well-funded, fiscally responsible association—and still a strong value compared to owning a single-family waterfront home nearby, all costs considered ... Consider: Just the Insurance Costs alone in a nearby waterfront home easily approaches the monthly maintenance / UPKEEP fees here
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This corner unit features a preferred southwest exposure (more winter sun, less summer heat) and three private balconies—living room, primary suite, and guest bedroom—each with a view of either the marina, pool or Johns Pass
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From the primary suite, enjoy Sunset Hour nightly and the direct views of Johns Pass and the bridge, marina, and Gulf activity—boats, dolphins, charters, even pirate ships … Split-bedroom floor plan for privacy … Bright, breezy corner location (fewer shared walls) … Sixth-floor elevation above parking for panoramic views
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Move-in ready with: Updated kitchen … Tile baths and new quartz countertops … Lightly used as a second home for approx. 15 years … most furnishings are negotiable … Includes: In-unit laundry … Under-building assigned parking and private storage shed in your parking spot
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Resort-style amenities on a PRIVATE GATED ISLND : Heated/cooled pool & spa • marina • fishing dock • kayak launch • fitness center • BBQ area • pickleball/tennis • billiards • social room • tiki hut with wet bar • putting green • walking path around the island
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With a newer roof, some $1.9M in recent updates, and pricing at roughly half the cost of a waterfront lot or flood-impacted home, this is a compelling alternative to single-family ownership. ... Schedule your showing and see why Key Capri remains one of Treasure Island’s best-kept waterfront secrets.
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Contact an agent
Home facts
- Year built:1973
- Listing ID #:TB8381558
- Added:337 day(s) ago
- Updated:April 12, 2026 at 12:17 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Tile
- Dining Description:Living Room/Dining Room Combo
- Kitchen Description:Range, Refrigerator, Solid Surface Counters
- Basement Description:Pillar/Post/Pier
- Living area:1,175 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1973
- Building area:1,175 sq. ft.
- Lot area:6.32 Acres
- Construction Materials:Concrete
- Exterior Features:Balcony, Outdoor Grill, Sidewalk, Tennis Court(s)
- Foundation Description:Pillar/post/pier
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$454,900
- Price per sq. ft.:$387.15
- Tax amount:$5,896 (2024)
Features and amenities
- Appliances:Irrigation Equipment, Range, Refrigerator
- Laundry features:In Kitchen, Inside
- Amenities:BB/HS Internet Available, Cable Connected, Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Irrigation Equipment, Laundry, Living Room/Dining Room Combo, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Solid Surface Counters, Spa/Hot Tub, Storage, Tennis Court(s), Thermostat
- Pool features:Above Ground, Heated, In Ground, Pool, Public Pool
Parking
- Parking description:1 Car Carport
- Carport spaces:1
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