
1 KEY CAPRI UNIT 209E, TREASURE ISLAND, FL, 33706
Active37 days on marketListed Jun 18, 2026MLS #TB8515491
About this home
1 KEY CAPRI UNIT 209E
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.
Facts & features
The home at a glance
3
Bedrooms
3
Bathrooms
2,090
Sqft
1973
Year built
One
Levels
$225
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.
$3,493 /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
$3,493/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
−51.7%
$/sqft vs KEY CAPRI CONDO
$225 vs $328
Days on market
37 vs 74 typical
Where $225/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 4% 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 209E
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 209E — 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 209E — 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 209E FAQs
What would the monthly payment be for 1 KEY CAPRI UNIT 209E?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,493/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 209E?+
The most recent tax bill on record (2025) was $4,297. 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 209E?+
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 $470,000, this home is listed about 29% 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 209E?+
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
Three 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.
02Strong 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.
03The price has already moved
Listed at $499,000, now $470,000 — a $29K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX ACTION FIRST OF FLORIDA · Sandra Bozeman. MLS #TB8515491.
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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