1 KEY CAPRI, #502E, Treasure Island, FL, 33706 | $469,900

WHAT IF I TOLD YOU that you could trade in maintaining a home and instead live “maintenance free” in Treasure Island’s Best Kept Waterfront Secret …a GATED Condo Community (2 ELEVATED Buildings), on a PRIVATE ISLAND with views of Johns Pass… and instead of maintaining a house yourself, you can spend your free time enjoying ALL of the AMENITIES of a 1st Class RESORT …. for only $485/month … INCLUDING Cable TV, Internet and WIFI, water, sewer, trash, security, The LAWN MAN, The POOL MAN, amenities upkeep, building staff, pest control, elevator contracts, and etc? … if you’re in a single family home now (and you add up all those expenses), you’d think I was CRAZY!! … Well, you can … ALMOST … at Key Capri… work with me, here - You will need to add Bldg INSURANCE (Hazard, wind AND Flood) - at just $327/mo. … and because you HATE unexpected big bills (aka special assessments) you’re going to contribute money every month to a savings account of the association … so that they will have money to address scheduled and anticipated maintenance of those items which need maintaining … this year your 2-Building, 177-unit community will save OVER $860, 000 for these items … your share of that is just $419/mo …sounds like a Strong and Fiscally Responsible Association … not to mention an Exceptional Value … esp compared to what people are paying for JUST Flood and Homeowners Insurance on single family homes nearby! Check me on that! … This is a CORNER unit with a PREFERRED Southwest exposure (enjoy more winter, less summer sun)… THREE BALCONIES —one off the living room, one off the master suite, and one off guest bedroom—each offering its own impressive waterfront view … From the Master Bedroom and its balcony, enjoy year-round sunset exposures and a front-row seat to picturesque Johns Pass … watch the boating activity, The Bridge, The Village, and Gulf … From fishing charters to sailboats, Pirate Ships, Floating Tiki Bars to dolphins, there’s never a dull moment here!! … This split-bedroom floor plan offers privacy for you and your guests … cross ventilation from the corner location keeps the space bright and breezy, all with one less next-door neighbor than other units here!. . . Located six stories above parking, you’ll enjoy a sweeping panorama day and night … Move-In Ready … Newer kitchen and updated tile baths each with NEW QUARTZ Countertops … Lightly used as a 2nd-home for nearly 15 yrs—it shows well and is move in ready (some furnishings may be negotiable) … Assigned under-building parking & private storage shed … In-unit laundry … Your views include boats in Key Capri’s private marina, geothermically heated & cooled pool, and tiki hut … Key Capri offers every amenity you could want: HEATED (and cooled) Pool, spa, fishing dock, kayak launch … Fitness center with men’s & ladies’ saunas and showers … BBQ area, shuffleboard, pickleball/tennis court, billiards and game room …Social room, tiki hut with wet bar & ice maker, putting green, and children’s play area / swing set … Breathtaking walking path encircling the island with Intracoastal and Johns Pass views … Expansive landscaped green space rarely found in waterfront condos … With a newer roof, recent common area updates ($1. 9M worth), and move-in ready condition, this home is priced at about half the cost of a waterfront lot or flooded house in the area … Don’t wait—schedule your showing today and experience why Key Capri is Treasure Island’s best-kept waterfront secret!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Laundry, Lobby Key Required, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s)
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Kitchen, Inside
  • Complex: KEY CAPRI CONDO
  • Year Built: 1973
  • Approx Sq. Feet: 1,175
  • Acreage: 6.32
  • Est. Taxes: $5,896
  • Condo Fee: $1,230 Monthly
  • Pet Policy: Cats OK
  • Appliances: Range, Refrigerator
  • MLS#: TB8381558
  • Days on Market: 171 days
  • Website: https://www.raveis.com
    /prop/TB8381558/1keycapri_treasureisland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 2/17/2026 3:22:54 AM)
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE   Phone: 727-342-3800

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1 KEY CAPRI, #502E, Treasure Island, FL, 33706

$469,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $375,920 $375,920 $375,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 5.990% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.137% 6.132% 5.396%
Monthly Tax Payment $491 $491 $491
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,105 $2,251 $2,997
Total Monthly Payment $2,671 $2,817 $3,563

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.