12400 CAPRI CIRCLE N Treasure Island, FL $ 4,350,000
12400 CAPRI CIRCLE N
$ 4,350,000
New Construction
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12400 CAPRI CIRCLE N

Treasure Island, FL, 33706
$ 4,350,000
Bedrooms10 Baths10.0 Sq 6,424

Monthly Estimate*

$ 26,784

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Multi-Family Home for sale in Treasure Island, FL

for $4,350,000 with 10 bedrooms and 10 full baths. This 6,424 square foot home was built in 2024 on a lot size of 0.32.

Welcome to 12400 Capri Circle N, also known as Osprey Oasis—a rare and extraordinary opportunity to own a newly constructed 2024, fully furnished luxury waterfront compound designed for families who want to vacation together while still enjoying complete privacy. Spanning over 13,000 total square feet with approximately 7,000 square feet of air-conditioned living space, this 10-bedroom, 11.5-bath multifamily triplex is being sold as one complete estate and thoughtfully designed as a legacy vacation retreat, multi-generational family compound, or executive/corporate getaway. The property features three distinct luxury residences: The Perch (3BD/3BA, 1,757 sq ft) with floor-to-ceiling windows and panoramic Gulf views, The Jewel (4BD/4BA, 3,043 sq ft) as the centerpiece with three levels, sunken wet bar, multiple private patios, and expansive entertaining spaces, and The Gem (3BD/3BA, 1,636 sq ft), offering a warm, intimate retreat with a private patio and stunning sunset and water views—allowing everyone their own private residence while still coming together in shared indoor and outdoor spaces. Each unit includes high-end finishes, stainless steel appliances, quartz countertops, spa-like bathrooms with soaking tubs, open-concept living areas filled with natural light, west-facing outdoor spaces, and private garage parking, with a total of four garage spaces across the estate. Outside, the property lives like a private resort, featuring a heated 70-foot saltwater pool, Nordic spa, tiki bar, fitness center, BBQ/grill area, outdoor shower, and multiple gathering areas perfect for creating unforgettable family memories. Boating enthusiasts will appreciate the 109-foot new seawall with three private boat slips, offering the flexibility to share one dock or designate individual slips for each residence, with direct Gulf access. Zoned for monthly rentals, the property provides excellent income-producing potential without sacrificing personal use, and is built with concrete block construction, impact-resistant windows, smart home technology, hurricane-rated features, lush tropical landscaping, and ambient exterior lighting for peace of mind. Seller has elevator renderings and will install an elevator for the top unit. Located minutes from John’s Pass dining and shopping and approximately 30 minutes from Tampa International Airport, Osprey Oasis seamlessly blends luxury, flexibility, and lifestyle in one of Florida’s most sought-after waterfront destinations.

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Multi-Family Active

Price

$ 4,350,000

Bedrooms

10

Full Bath

10

Property Type

Multi-Family

Taxes

$ 15,103

Style

Triplex

Lot Size

0.32

Year Built

2024

Town/City

Treasure Island

County/Region

Pinellas

MLS | Web ID

TB8396852

Features
General
Sewer 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 true
Property Type Residential Income
Attached Garage true
Subdivision Name GRIFFITH CAPRI ISLE CONDO
Garage Y/N true
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 false
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 false
Listing Terms Cash Conventional Owner May Carry
Land Lease Y/N false
Tax Annual Amount 15103
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
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 true
Water View Y/N true
Flood Zone Code AE
DockY/N true
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Interior
Interior 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 true
Heating Y/N true
Window Features ENERGY STAR Qualified Windows Shades Storm Window(s)
Fireplace Y/N false
Laundry Features Inside Laundry Room
Total Bedrooms 10
Total Baths 10
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Exterior
Exterior 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 true
Waterfront Y/N true
Covered Spaces 4
Road Frontage Type Street Paved
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* Excluded Features
List By
Keller Williams St Pete Realty

Broker

ryan@bogdenhomes.com

Email

Affordability Calculator

$28,042
Per Month
96%
4%
0%
Monthly Principal & Interest
$26,784
Monthly Property Taxes
$1,259
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/14/2026$4,350,000 -6.43% Price Down
12/19/2025$4,649,000 Listed Price

Map


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12400 CAPRI CIRCLE N, Treasure Island, FL, 33706 is a Multi-Family Home for sale at $4,350,000 with 6,424 sqft and a lot size of 0.32. 12400 CAPRI CIRCLE N has 10 bedrooms, 10.0 baths, and was built in 2024. The property's zip code is 33706 which is in Treasure Island, FL