New ConstructionOpen House 12/6 1pm - 3pm
12400 CAPRI CIRCLE N
Treasure Island, FL, 33706 $ 4,649,000
Bedrooms10 Baths10.0 Sq 6,424 Monthly Estimate*
$ 29,004
for $4,649,000 with 10 bedrooms and 10 full baths. This 6,424 square foot home was built in 2024 on a lot size of 0.32.
Osprey Oasis is a rare and extraordinary opportunity to own a 10-bed, 12-bath, newly constructed, fully furnished waterfront compound in the heart of Treasure Island, Florida. Spanning over 13,000 square feet of total space, including 7,000 square feet of air-conditioned luxury, this exceptional multifamily triplex is being sold as one complete estate. Designed as a luxury vacation compound, it’s ideal for those who value privacy, refined living, and the art of bringing people together. Whether you’re seeking a legacy property to share across generations, a multi-gen layout for extended family, or a corporate retreat property for executive gatherings, Osprey Oasis delivers unmatched versatility, lifestyle, and long-term value. The property includes three distinct residences—The Perch (3BD/3BA, 1,757 sq ft), The Jewel (4BD/4BA, 3,043 sq ft), and The Gem (3BD/3BA, 1,636 sq ft)—totaling 10 bedrooms, 11.5 bathrooms, and a 4-car garage. Zoned for monthly rentals, it also offers substantial potential for income-producing opportunities without compromising personal use. Each residence features high-end finishes, modern stainless-steel appliances, elegant quartz countertops, spa-like bathrooms with soaking tubs, and expansive open-concept living areas flooded with natural light. Every unit includes a private garage and west-facing outdoor space—ideal for soaking in Treasure Island’s stunning, direct sunset and water views. The Jewel, the compound’s centerpiece, is a 3-level showpiece designed to entertain, complete with entertaining space, a sunken wet bar, and multiple private patios—all offering gorgeous waterfront backdrops. The Perch features floor-to-ceiling windows with panoramic Gulf views, creating a sense of endless space and tranquility. The Gem is warm and intimate, with a private patio that opens directly to vibrant sunset and water vistas, making every evening unforgettable. Together, these residences offer everyone their own private retreat while still providing ample common areas to gather, connect, and celebrate. Outside, the estate transforms into a resort-style sanctuary featuring a heated 70-foot saltwater pool for year-round enjoyment, a Nordic spa, tiki bar, state-of-the-art fitness center, BBQ/grill area, and an outdoor shower—perfect for entertaining under the stars or rinsing off after a day on the water. A 109-foot new seawall with three private boat slips gives you direct Gulf access. The compound was constructed with hurricane-proof features, impact-resistant windows, smart home technology, lush tropical landscaping, and ambient exterior lighting, providing ultimate peace of mind and comfort. Seller has renderings and will install an elevator for the top unit. Located just minutes from the shops and restaurants of John’s Pass and only 30 minutes from Tampa International Airport, Osprey Oasis blends exclusivity and accessibility in one of Florida’s most sought-after waterfront locations. This is more than a home; it’s a vision brought to life. Schedule your private tour today!
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Open House
12/6/2025 1:00 PM - 3:00 PM
12/7/2025 12:00 PM - 2:00 PM
12400 CAPRI CIRCLE N Treasure Island, FL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities ceiling fan(s) eating space in kitchen kitchen/family room combo living room/dining room combo open floorplan primarybedroom upstairs solid surface counters split bedroom thermostat
Flooring luxury vinyl
Furnished Y/N furnished
Air Conditioning Y/N yes
Heating Y/N yes
Window Features energy star qualified windows shades storm window(s)
Fireplace Y/N no
Laundry Features inside laundry room
Total Bedrooms 10
Total Baths 10
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GeneralSewer public sewer
Heating central
Cooling central air mini-split unit(s)
Utilities bb/hs internet available cable available electricity connected phone available public sewer connected water connected
Roof shingle
Appliances bar fridge built-in oven cooktop dishwasher disposal dryer microwave range refrigerator washer wine refrigerator
Garage Spaces 4
Patio/Porch Features deck patio
Pool Features heated in ground lap salt water
Security Features closed circuit camera(s) smoke detector(s)
Construction Materials block concrete stucco
Pets Allowed yes
Year Built 2024
View water
Levels three or more
Property Subtype triplex
Tax Year 2024
Ownership fee simple
Waterfront Features canal - saltwater
County pinellas
New Construction yes
Property Type residential income
HOA N
Attached Garage yes
Subdivision Name griffith capri isle condo
Garage Y/N yes
Status active
Directions head southeast on gulf blvd toward 117th ave - turn left onto 116th ave - turn left onto 2nd st e - turn left onto capri cir n - turn left toward capri cir n - turn left onto capri cir n
City treasure island
Senior Community Y/N no
Number Of Units Total 3
MLS Area 33706 - pass a grille bch/st pete bch/treasure isl
Lot Size Units square feet
Lot Size Square Feet 13950
Carport Y/N no
Listing Terms cash conventional owner may carry
Land Lease Y/N no
Tax Annual Amount 15103
Property Condition completed
Additional Parcels Y/N no
Lease Considered Y/N yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/tb8396852
Building Area Units square feet
Living Area Units square feet
Standard Status active
Occupancy Type vacant
Tax Lot 00
Legal Description griffith capri isle condo common elements
Water View canal
Water Access Type canal - saltwater
Minimum Lease 1 month
Water Access Y/N yes
Water View Y/N yes
Flood Zone Code ae
DockY/N yes
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ExteriorExterior Amenities balcony irrigation system lighting outdoor grill outdoor shower rain gutters sliding doors sprinkler metered storage
Parking Features driveway garage door opener guest off street under building
Lot Features city lot in county level
Water Source public
Lot Size Area 13950
Foundation Details block concrete perimeter slab
Number of Buildings 1
Building Area Total 13000
Lot Size Acres 0.32
Road Surface Type paved
Private Pool yes
Waterfront Y/N yes
Covered Spaces 4
Road Frontage Type street paved
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* Excluded FeaturesList ByKeller Williams St Pete RealtyBroker
ryan@bogdenhomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $29,004
- Monthly Property Taxes
- $1,259
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Treasure Island, FL
Average List Price $1,673,455
Percent of Sale Price 64%
About Treasure Island, FL 6,921 Population
-6% Since 2002
$ 70,581 Median Income
60.44 Median Age
8% Households with Children
Trends Information provided by ATTOM Data Solutions.
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/18/2025 | $4,649,000 | -3.15% | Price Down |
| 6/13/2025 | $4,799,999 | | Listed Price |