- 2 beds
- 2 baths
- 1,270 sqft
1 Key Capri Unit 502eTreasure Island, FL, 33706
- Price per sqft
- $387
- Days on market
- 530
- Listed
- May 9, 2025
- Last reduction
- −$15,000
- Mar 27, 2026
About this property
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. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
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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Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Property type
- Condominium
- Street address
- 1 Key Capri Unit 502e
- City
- Treasure Island
- State
- FL
- ZIP code
- 33706
- Year built
- 1973
- New construction
- No
- Faces
- Southwest
- Rooms
- 3
- Building stories
- 1
- Living area
- 1,175 sqft
- Total building area
- 1,175 sqft
- Levels
- One
Price & sale history
Asking price reduced by $40,100 (8.1%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #TB8381558 | $454,900Change: −8.1%−$40,100 | −8.1%−$40,100 | |
| Listed for saleMLS #TB8381558 | $495,000 | Not applicable |
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