11820 Capri Circle S Stunning waterfront townhome with deeded boat slip and direct Gulf access, ideally located in the desirable Capri Isle neighborhood of Treasure Island. This beautifully upgraded 2-bedroom, 2.5-bath residence offers 1, 640 sq ft of light-filled main living space plus a 300 sq ft lower-level bonus room that opens directly to a private freshwater pool with paver deck-perfect for entertaining, a home office, fitness space, or additional living area. The property is part of a boutique 3-unit association. The chef's kitchen impresses with quartz countertops, a center prep island, under-cabinet LED lighting, and premium Café appliances installed in 2023, including a microwave, dishwasher, and double-oven induction range. High ceilings, modern fixtures, bamboo flooring, and ceiling fans throughout the bedrooms, kitchen, and living areas enhance comfort and style. The owner's suite offers a spa-like retreat featuring a steam shower and multi-jet soaking tub, while the guest bath includes a whirlpool tub. Notable upgrades include impact-rated windows and doors, Scale Blaster water softener, ADT Pulse smart security system, custom built-in laundry cabinetry, and an oversized 2-car garage with professional hanging racks and a cold-water utility sink, plus an additional guest parking space. Major updates include roof (2019), HVAC (2022), water heater (2024), and washer/dryer (2024). Enjoy a prime location directly across from Roselli Park, featuring tennis and pickleball courts, dog park, baseball fields, and playground. Walk to Treasure Island's white-sand Sunset Beach and just minutes to John's Pass Village for dining, shopping, entertainment, and marina access. A rare opportunity combining boating lifestyle, upscale upgrades, walkability, and modern coastal luxury-truly one of Treasure Island's finest offerings.