1 KEY CAPRI UNIT 502E, TREASURE ISLAND, FL, 33706
Active442 days on marketListed May 9, 2025MLS #TB8381558
About this home
1 KEY CAPRI UNIT 502E
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
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,175
Sqft
6.32 ac
Lot size
1973
Year built
One
Levels
$387
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,530 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,530/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+10%
$/sqft vs KEY CAPRI CONDO
$387 vs $322
Days on market
442 vs 74 typical
Where $387/sqft sits among the 8 homes for sale in KEY CAPRI CONDO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Capri Isle
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Treasure Island. See the full Treasure Island guide →
Capri Isle — neighborhood snapshot
Population
1,978
Median age
60
Median income
$129,262
Median home value
$668,850
Avg household
2
Households w/ children
44%
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Treasure Island market
$685K → $648K
Treasure Island median sold, yr/yr
93.5%
Sale-to-list ratio (12 mo)
7 of 8
KEY CAPRI CONDO have cut their price
Median sold price, Treasure Island, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1% above the TREASURE ISLAND 33706 median. See the full Treasure Island market guide →
Paper trail
This home's history
Reality check
What actually sold near 1 KEY CAPRI UNIT 502E
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$260,000
1 KEY CAPRI UNIT 604W · same community
2 bd · 2 ba · 1,175 sqft · $221/sqft · 360 DOM
Sold · May ’26$300,000
1 KEY CAPRI UNIT 608W · same community
2 bd · 2 ba · 1,175 sqft · $255/sqft · 6 DOM
Sold · Feb ’26$310,000
1 KEY CAPRI UNIT 606W · same community
2 bd · 2 ba · 1,175 sqft · $264/sqft · 29 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1 KEY CAPRI UNIT 502E — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1 KEY CAPRI UNIT 502E — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1 KEY CAPRI UNIT 502E FAQs
What would the monthly payment be for 1 KEY CAPRI UNIT 502E?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,530/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 1 KEY CAPRI UNIT 502E?+
The most recent tax bill on record (2024) was $5,896. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1 KEY CAPRI UNIT 502E?+
The listing reports pets: Cats OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Treasure Island?+
At $454,900, this home is listed about 31% below the Treasure Island median of $659,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1 KEY CAPRI UNIT 502E?+
Azalea Middle School (middle), Azalea Elementary School (elementary), Boca Ciega High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
02Time on market is leverage
442 days on market against a Treasure Island median of 74 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Azalea Middle School, Azalea Elementary School, Boca Ciega High School — Azalea Elementary School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $495,000, now $454,900 — a $40K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE · Don Taylor. MLS #TB8381558.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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