$499,000
1 Key Capri
Treasure Island, FL 33706
Listing updated: June 26, 2026 at 10:09 AM ET
Listing courtesy of Re/Max Action First Of Florida · Sandra Bozeman · MLS #TB8515491 · Active · 727-531-2006Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
STOP SCROLLING - THIS MAY BE THE BEST WATERFRONT VALUE ON TREASURE ISLAND! Now offered at an unbelievable $499,000, this one-of-a-kind 2, 100 sq ft waterfront residence delivers mesmerizing water views, exceptional space, and endless possibilities within a gated 6-acre island community. Originally created by combining Units 209 and 21 1, this unique 3-bedroom, 3-bath condominium offers a rare opportunity to reimagine an expansive waterfront home tailored to your vision - or explore the potential of reconfiguring the space into two separate waterfront residences. It has been recently refreshed with interior paint and Berber-style carpeting. Residents enjoy an impressive collection of amenities including a geothermal heated pool and spa, tennis courts with pickleball, shuffleboard, fishing pier, fitness center, billiards room, social room, and boat slips available for separate lease. Item to note: Mandatory Milestone Condo Inspection Complete - currently NO ASSESSMENTS. Just a short stroll to the powder-white sands of the Gulf beaches, this property offers the perfect combination of waterfront tranquility and coastal convenience.
Local Insight
At $239/sqft for a 1973 waterfront unit in Treasure Island, you're getting decent pricing, but the AE and VE flood zone designation is a serious red flag that will spike insurance costs and likely require flood insurance even if you're not financing—factor in at least $2,000-3,000+ annually before committing. The no-HOA structure is a genuine win for cost control, but a 50-year-old building without an HOA also means special assessments could hit hard and unpredictably if the foundation, roof, or systems need major work. The waterfront location and direct water access are the real draws here, so make sure the building envelope and structural integrity check out during inspection, because saltwater exposure at this age isn't something to gloss over.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history8 days on market
- Status: ActiveJun 18, 2026
- Listed$499,000Jun 18, 2026
- Price increased$499,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 8
- Cumulative DOM
- 154
- Subdivision
- Key Capri Condo
- County
- Pinellas
- Year built
- 1973
- Living area
- 2,090 sq ft
- Price/sq ft
- $239
- Lot category
- 0 to less than 1/4
- Flood zone
- AE & VE
- Annual taxes
- $4,297 (2025)
- Parcel #
- 14-31-15-46557-001-0209
- Zoning
- CONDO
- MLS #
- TB8515491
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Carpet, Ceramic Tile, Linoleum
- Appliances
- Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Interior features
- Walk-In Closet(s)
- Laundry
- Laundry Closet, Laundry Room
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central, Electric, Zoned
- Cooling
- Central Air, Zoned
Parking
- Parking features
- Underground
HOA & Financial
- Total monthly fees
- $2,515/mo
- Total annual fees
- $30,180
- HOA name
- Lisa Fries
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1-2 Years
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Please check with management company to confirm and for details.
- Approval process
- Please check with management company to confirm and for details.
Exterior & Construction
- Exterior features
- Balcony, Sidewalk, Sliding Doors, Storage
- Construction materials
- Concrete
- Roof
- Other
- Foundation
- Other
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Other
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Community
- Pets allowed
- Cats OK
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 12x14 |
| Primary Bedroom | First | 12x19 |
| Kitchen | First | 8x10 |
Listing Details
- Listing date
- 2026-05-30
- On market date
- 2026-06-18
- Original list price
- $499,000
- Occupant type
- Vacant
- MLS area
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-06-18
- Tax legal description
- KEY CAPRI CONDO EAST BLDG, APTS 209E & 211E TOGETHER WITH THE USE OF UNDERBUILDING PARKING SPACES 5E & 49E
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Gulf Blvd, east on 116th Ave, north on 2nd St to Key Capri
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 26, 2026 at 10:09 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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