1 KEY CAPRI, #312E, Treasure Island, FL, 33706 | $474,900

Fully Renovated Waterfront Condo in a Premier Gated Community with a BRAND NEW AC!

Experience elevated coastal living in this beautifully updated third-floor waterfront residence located in the highly sought-after Key Capri community of Treasure Island. Offering sweeping water views, refined upgrades, and resort-style amenities, this condo delivers the ultimate Florida lifestyle.

Inside, the home showcases a major 2024 kitchen remodel designed with both elegance and functionality in mind. The kitchen features new appliances, stunning quartz countertops, and impressive 42-inch cabinetry with soft-close doors and drawers. A custom island adds both beauty and convenience with built-in pull-out trash and slide-out spice storage. The dining area includes a custom built-in with a bar refrigerator, creating an ideal entertaining space. Popcorn ceilings have been removed in the kitchen and dining areas, and fresh paint and updated lighting give the home a crisp, modern feel. Window tint has been installed on all sliders and windows for added comfort and efficiency, and an under-counter washer and dryer provide everyday convenience. The hallways have been refreshed with new carpet, lighting, and paint. Notably, the unit sustained no damage during Hurricanes Helene or Milton, offering additional peace of mind.

Key Capri is a gated waterfront community known for its exceptional amenities and on-site management. Residents enjoy a 60, 000-gallon geothermal pool that is both heated and chilled, a relaxing hot tub, marina access with boat slips, kayak storage and launch, a fishing pier, and even a car wash station. Boat slips/lifts are available upon availability for a separate fee. The community also offers tennis and pickleball courts, shuffleboard, mini golf, a playground, a quarter-mile walking trail, grills, and picnic areas. Social spaces include a beautifully updated clubhouse with a new kitchen, TV area, pool table, and darts, along with a craft room, card room, and library. The community tiki hut features a new ice maker, wine and beer refrigerator, and WiFi, creating the perfect gathering spot. Underground parking, additional guest parking, a storage shed, newly installed flood barriers at ground-level entries, and upcoming new landscaping and common-area windows scheduled for 2026 all contribute to the long-term value and appeal.

The location is truly unbeatable. Just minutes away is the world-famous Johns Pass Village, offering waterfront dining, boutique shopping, entertainment, fishing charters, dolphin tours, and sunset cruises. Boat enthusiasts will appreciate the nearby Freedom Boat Club for easy access to boat rentals without the hassle of ownership. The white sand beaches of Treasure Island are moments away, along with countless restaurants, beach bars, and local attractions that make this area one of Florida’s most desirable coastal destinations.

Whether you are seeking a full-time waterfront residence, a seasonal escape, or a smart investment opportunity, 1 Key Capri #312E offers the perfect combination of modern upgrades, resort-style amenities, and an unbeatable location near Johns Pass and the Gulf beaches.

Schedule your private showing today and experience the best of Treasure Island living.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 6
  • Amenities: Elevator(s), Fitness Center, Gated, Lobby Key Required, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Kitchen
  • Complex: KEY CAPRI CONDO
  • Year Built: 1973
  • Approx Sq. Feet: 1,175
  • Acreage: 7
  • Est. Taxes: $6,409
  • Condo Fee: $1,263 Monthly
  • Pet Policy: No
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: TB8466352
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/TB8466352/1keycapri_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 4/5/2026 4:12:28 AM)
Listing courtesy of INSPIRED REALTY, LLC   Phone: 727-503-7865

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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1 KEY CAPRI, #312E, Treasure Island, FL, 33706

$474,900

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 $379,920 $379,920 $379,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.357% 6.533% 5.794%
Monthly Tax Payment $534 $534 $534
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,247 $2,370 $3,104
Total Monthly Payment $2,856 $2,979 $3,713

* 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.