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$454,900

1 KEY CAPRI UNIT 502E, TREASURE ISLAND, FL 33706

3D Tour
Active503 days on market

Beds

2

Baths

2

Sq Ft

1,175 sq ft

Year Built

1973

Lot Size

6.32 acres

Garage

—

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 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 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 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 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 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 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 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 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 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 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. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8381558
StatusActive
Year Built1973
Stories1
Total Rooms3
ConstructionConcrete
RoofOther
FoundationOther, Pillar/Post/Pier
FacesSouthwest
SubdivisionKEY CAPRI CONDO
CountyPinellas
OwnershipCondominium

Interior Features

InteriorLiving Room/Dining Room Combo, Solid Surface Counters, Thermostat
FlooringCarpet, Tile
AppliancesRange, Refrigerator
LaundryIn Kitchen, Inside
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorBalcony, Irrigation System, Outdoor Grill, Sauna, Sidewalk, Storage, Tennis Court(s)
Lot Size6.32 acres (275,293 sq ft)
Road SurfaceAsphalt

Pool & Spa

Private PoolNo
Pool FeaturesAbove Ground, Heated, In Ground
SpaAbove Ground, In Ground

Waterfront

WaterfrontYes
FeaturesBay/Harbor Front, Waterfront, Bay/Harbor, Intracoastal Waterway

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Connected, Sewer Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$454,900
Original Price$495,000
Annual Taxes$5,896 (2024)
Parcel #143115465570010502

Directions

Gulf Blvd to 116th Ave - turn EAST.... over little bridge than IMMEDIATE LEFT onto 2nd St E .... go until you can go no further - stay in left lane ... look for callbox

Location

1 KEY CAPRI UNIT 502E, TREASURE ISLAND, FL 33706

Listing Information

OfficeSMITH & ASSOCIATES REAL ESTATE
ListedMay 9, 2025

Schedule a Tour

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$454,900

20% ($90,980)
6.75%

Loan Term

Principal & Interest$2,360
Property Tax (est.)$417
Insurance (est.)$150
Total Monthly$2,927
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How to Buy This Home

Multiple financing options available for this $454,900 home in TREASURE ISLAND.

🏛️

FHA Loan

$15,922 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$22,745 Down

Traditional financing. As low as 3-5% down with good credit.

🌾

USDA Loan

$0 Down

Zero down for eligible rural areas. Income limits apply.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pinellas County SHIP

Varies

Income-qualifying Pinellas residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively 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. Data last updated: October 1, 2026.

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