1 KEY CAPRI 201E Virtually Staged. Welcome to 1 KEY CAPRI #201E, now offered BELOW MARKET VALUE! This rarely available FULL-CORNER, SECOND-FLOOR RESIDENCE offers 3 BEDROOMS, 2.5 BATHS, AND 1, 470 SQ. FT. OF WATERFRONT LIVING in one of Treasure Island's premier waterfront boating communities. SELLER CONCESSION! SELLER IS OFFERING A BUYER CONCESSION TOWARD CLOSING COSTS AND/OR PREPAIDS, OR WILL PAY THE HOA THROUGH THE END OF 2026 WITH A SUCCESSFUL CLOSING. This bright and airy residence features a desirable SPLIT-BEDROOM FLOOR PLAN with TWO PRIVATE EN-SUITE BEDROOMS, ideal for guests, family, or a home office. FLOOR-TO-CEILING HURRICANE-RATED SLIDING GLASS DOORS open to an expansive waterfront balcony with BREATHTAKING INTRACOASTAL WATERWAY AND JOHN'S PASS VIEWS, where you can watch passing sailboats, dolphins, playful manatees, and spectacular Florida sunsets. The spacious kitchen features ABUNDANT CABINETRY, GENEROUS COUNTER SPACE, CENTER ISLAND, PASS-THROUGH BREAKFAST BAR, AND BEAUTIFUL WATER VIEWS FROM THE KITCHEN SINK. A PRIVATE KITCHEN BALCONY WITH CONVENIENT LAUNDRY AREA adds functionality and convenience. Recent updates include NEW LAMINATE FLOORING AND NEW INTERIOR DOORS, providing a fresh foundation to personalize the residence to your own style. Enjoy the KEY CAPRI WATERFRONT LIFESTYLE, with an impressive array of amenities including a HEATED WATERFRONT POOL AND SPA, PRIVATE MARINA WITH DIRECT GULF ACCESS, CLUBHOUSE, BILLIARDS ROOM, FISHING PIER, KAYAK LAUNCH, TENNIS AND PICKLEBALL COURTS, WATERFRONT WALKING PATH, PLAYGROUND, TIKI HUT, BARBECUE AREA, SECURE LOBBY ACCESS, AND 24-HOUR GATED SECURITY. A NEWLY RENOVATED FITNESS CENTER IS COMING SOON. Boat slips are available on a FIRST-COME, FIRST-SERVED BASIS. The monthly condominium fee includes BUILDING INSURANCE, CABLE, INTERNET, WATER, SEWER, TRASH, EXTERIOR MAINTENANCE, GROUNDS MAINTENANCE, ESCROW RESERVES, AND ACCESS TO COMMUNITY AMENITIES, providing the convenience of MAINTENANCE-FREE WATERFRONT LIVING. Additional features include UNDER-BUILDING ASSIGNED PARKING AND ABUNDANT GUEST PARKING. Ideally located just minutes from TREASURE ISLAND BEACH, MADEIRA BEACH, AND JOHN'S PASS VILLAGE, with easy access to waterfront dining, shopping, entertainment, boating, and Florida's beautiful Gulf beaches. Whether you're looking for a FULL-TIME RESIDENCE, SEASONAL GETAWAY, OR WATERFRONT BOATING RETREAT, this exceptional Key Capri residence offers comfort, convenience, and an unbeatable location. SCHEDULE YOUR PRIVATE SHOWING TODAY AND EXPERIENCE THE KEY CAPRI LIFESTYLE!