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? Welcome to Key Capri.

For $485 per month your condo fee covers cable, internet and WiFi, water, sewer, trash, security, landscaping, pool service, building maintenance and more. In addition, building insurance including hazard, wind and flood comes to approximately $327 per month and reserves are $419 per month, representing your share of over $860,000 per year being set aside this year. The result is a well-funded and fiscally responsible association that still offers strong value compared to owning a single-family waterfront home nearby when all costs are considered. For reference, just the insurance costs alone on a nearby waterfront home easily approach the total monthly fees here.

This corner unit features a preferred southwest exposure with more winter sun and less summer heat, along with three private balconies off the living room, primary suite and guest bedroom, each offering views of either the marina, pool or Johns Pass. From the primary suite enjoy nightly sunsets and direct views of Johns Pass, the bridge, marina and Gulf activity including boats, dolphins, charters and pirate ships. The split bedroom floor plan provides added privacy and the bright corner location means fewer shared walls. The sixth floor elevation above parking offers panoramic views throughout.

The unit is move-in ready with an updated kitchen, tile baths, new quartz countertops and has been lightly used as a second home for approximately 15 years. Most furnishings are negotiable. The unit also includes in-unit laundry, under-building assigned parking and a private storage shed.

Resort style amenities on the private gated island include a heated and cooled pool and spa, marina, fishing dock, kayak launch, fitness center, BBQ area, pickleball and tennis courts, billiards, social room, tiki hut with wet bar, putting green and a walking path around the island.

With a newer roof, approximately $1.9 million 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 today and see why Key Capri remains one of Treasure Island's best-kept waterfront secrets.