Under contract-accepting backup offers. Virtually Staged. Welcome to 1 Key Capri #201E now below market value, a rarely available full-corner, second-floor residence offering 3 bedrooms, 2.5 baths, and 1,470 square feet of waterfront living.don't miss this rare opportunity to own in one of Treasure Island's premier waterfront boating communities. This bright and airy 2nd floor that offers a split-bedroom floor plan features two private en-suite bedrooms, making it ideal for guests, family, or a home office. Floor-to-ceiling hurricane-rated sliding glass doors open to an expansive waterfront balcony showcasing breathtaking views of the Intracoastal Waterway, John's Pass, passing sailboats, dolphins, playful manatees, and spectacular Florida sunsets. The spacious kitchen offers abundant cabinetry, generous counter space, a center island, pass-through breakfast bar, and a picturesque view from the kitchen sink, allowing you to enjoy beautiful water views while preparing meals. A private kitchen balcony with a convenient laundry area adds even more functionality. Recent updates include new laminate flooring and new interior doors, providing the perfect foundation to personalize the home to your own style. Life at Key Capri truly feels like a year-round vacation. Residents enjoy a heated waterfront pool and spa, private marina with direct Gulf access (boat slips available on a first-come, first-served basis), a newly renovated fitness center coming soon, clubhouse, billiards room, fishing pier, kayak launch, tennis and pickleball courts, scenic waterfront walking path, playground, tiki hut, barbecue area, secure lobby access, and 24-hour gated security. The monthly condominium fee provides exceptional value and includes building insurance, cable, internet, water, sewer, trash, exterior maintenance, grounds maintenance, escrow reserves, and access to all community amenities, allowing for easy, maintenance-free waterfront living. Additional conveniences include under-building assigned parking and abundant guest parking. Ideally located just minutes from Treasure Island Beach, Madeira Beach, and vibrant John's Pass Village, you'll enjoy easy access to waterfront dining, shopping, entertainment, boating, and some of Florida's most beautiful beaches. Whether you're searching for a full-time residence, seasonal getaway, or the ultimate waterfront boating lifestyle, this exceptional home offers luxury, comfort, and an unbeatable location. Schedule your private showing today and experience the Key Capri lifestyle for yourself!