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Property for sale at 1 KEY CAPRI UNIT 201E, TREASURE ISLAND, FL, 33706
Property for sale at 1 KEY CAPRI UNIT 201E, TREASURE ISLAND, FL, 33706
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1 Key Capri Unit 201eTreasure Island, FL, 33706

3beds
3baths
1,470sqft
Condominium
Built in 1973
$514,000
For sale
$649,000−$135,000 (21%)
Price per sqft
$350
Days on market
357
Listed
Oct 30, 2025
Last reduction
−$5,000
Oct 16, 2026
MLS #TB8439821Updated Oct 20, 2026

About this property

Virtually Staged. EXCEPTIONAL WATERFRONT LIVING AT KEY CAPRI #201E, TREASURE ISLAND, FLORIDA—A RARE FULL-CORNER RESIDENCE WITH PANORAMIC WATER VIEWS! Discover an extraordinary opportunity to own a coveted FULL-CORNER, SECOND-FLOOR WATERFRONT RESIDENCE offering 3 BEDROOMS, 2.5 BATHS, AND 1,470 SQ. FT. of spacious coastal living framed by captivating INTRACOASTAL WATERWAY, MARINA, AND JOHN’S PASS VIEWS. With its desirable corner position, expansive waterfront exposure, and resort-style surroundings, this residence captures the essence of sophisticated Florida coastal living.

Step inside to a bright, inviting interior featuring a desirable SPLIT-BEDROOM FLOOR PLAN WITH TWO PRIVATE EN-SUITE BEDROOMS, providing exceptional privacy for owners and guests. FLOOR-TO-CEILING HURRICANE-RATED SLIDING GLASS DOORS beautifully frame the waterfront and open to an expansive balcony—an extraordinary setting for morning coffee, evening cocktails, and spectacular Florida sunsets while watching sailboats, dolphins, and manatees glide by.

One of the residence’s most impressive features is the EXPANSIVE WATERFRONT BALCONY EXTENDING ALONG THREE MAIN ROOMS, creating a seamless connection between indoor and outdoor living while showcasing remarkable panoramic water views. The spacious kitchen features ABUNDANT CABINETRY, GENEROUS COUNTER SPACE, CENTER ISLAND, PASS-THROUGH BREAKFAST BAR, AND BEAUTIFUL WATER VIEWS FROM THE KITCHEN SINK. A separate PRIVATE KITCHEN BALCONY WITH LAUNDRY AREA adds both convenience and additional outdoor living space. Recent improvements include UPDATED LAMINATE FLOORING AND NEW INTERIOR DOORS.

Beyond the residence, experience the distinctive KEY CAPRI WATERFRONT LIFESTYLE, where recreation, boating, and relaxation come together in a remarkable coastal setting. Enjoy a WATERFRONT POOL, PRIVATE MARINA WITH DIRECT GULF ACCESS, CLUBHOUSE, BILLIARDS ROOM, FISHING PIER, KAYAK LAUNCH, TENNIS, PICKLEBALL, WATERFRONT WALKING PATH, PLAYGROUND, TIKI HUT, BARBECUE AREA, AND GATED ACCESS. A NEWLY RENOVATED FITNESS CENTER IS COMING SOON, further enhancing the community’s impressive collection of amenities.

For additional peace of mind, the MILESTONE INSPECTION AND STRUCTURAL INTEGRITY RESERVE STUDY ARE COMPLETE, WITH FULLY FUNDED RESERVES. The residence also includes ASSIGNED UNDER-BUILDING COVERED PARKING along with convenient guest parking.

RARE BOATING OPPORTUNITY! Boat slips are available on a FIRST-COME, FIRST-SERVED BASIS, creating an exceptional opportunity for boating enthusiasts. Enjoy direct access to the GULF, INTRACOASTAL WATERWAY, AND MARINA WITH NO FIXED BRIDGES, placing some of Florida’s most desirable boating waters virtually at your doorstep.

Ideally positioned just minutes from TREASURE ISLAND BEACH, MADEIRA BEACH, AND JOHN’S PASS VILLAGE, this waterfront residence offers convenient access to pristine Gulf beaches, boating, waterfront dining, shopping, and entertainment.

MORE THAN A WATERFRONT RESIDENCE—THIS IS A LIFESTYLE. RARE FULL-CORNER POSITIONING, PANORAMIC WATER VIEWS, EXPENSIVE OUTDOOR LIVING, MARINA ACCESS, AND RESORT-STYLE AMENITIES COME TOGETHER IN ONE REMARKABLE KEY-CAPRI PROPERTY. SCHEDULE YOUR PRIVATE SHOWING AND EXPERIENCE WATERFRONT LIVING AT ITS FINEST!

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Property details

Property type
Condominium
Street address
1 Key Capri Unit 201e
City
Treasure Island
State
FL
ZIP code
33706
Year built
1973
New construction
No
Faces
South
Rooms
5
Building stories
7
Living area
1,470 sqft
Total building area
1,470 sqft
Levels
Three Or More

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $135,000 (20.8%) since first listed.

EventPrice
Price reducedMLS #TB8439821$514,000Change: −20.8%−$135,000
Listed for saleMLS #TB8439821$649,000
History may be incomplete.
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Location

Property for sale at 1 KEY CAPRI UNIT 201E, TREASURE ISLAND, FL, 33706
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