12148 CAPRI Circle S Discover incredible value in waterfront living at Capri Harbor in Treasure Island, home to Florida's #2-ranked beach by USA Today! This updated 2-bedroom, 2.5-bath townhouse features serene northerly water views, high ceilings, refreshing cross breezes, and outdoor access on all three levels, including two private waterfront balconies and a covered patio. The versatile ground-level bonus room is ideal for a home office, gym, media room, or additional living space. Waterfront living takes center stage with the opportunity to launch a kayak or paddleboard right from your backyard and paddle directly to the popular John's Pass Sandbar, a favorite destination for socializing and enjoying spectacular sunsets. Just minutes from Treasure Island Beach, John's Pass, local shops, and waterfront dining, this location offers the best of the Florida coastal lifestyle. Thoughtful upgrades provide added comfort and peace of mind, including hurricane-impact windows and sliding glass doors, a new roof in 2021, and a new HVAC system in 2025. The home is also wired for an emergency generator connected directly to the electrical panel. Enjoy the newly installed Techwood decking from 2025, along with enhanced storage throughout, a one-car garage, and ample guest parking. Inside, the primary bedroom features a fully updated California Closet system, while the second bedroom offers a partial California Closet upgrade for added organization. Enjoy the best of waterfront living with comfort, flexibility, and an unbeatable Treasure Island location. Schedule your showing today!