1 KEY CAPRI, #502E, Treasure Island, FL, 33706 | $454,900

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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