Property Description
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.
Features
- Swimming Pool:
- In Ground, Salt Water, Heated, Lap
- Heating System:
- Central
- Cooling System:
- Central Air, Mini-Split Unit(s)
- Patio:
- Patio, Deck
- Parking:
- Driveway, Garage Door Opener, Off Street, Guest, Basement
- Exterior Features:
- Lighting, Balcony, Storage, Rain Gutters, Sliding Doors, Outdoor Grill, Sprinkler Metered, Outdoor Shower
- Flooring:
- Luxury Vinyl
- Interior Features:
- Ceiling Fans(s), Open Floorplan, Thermostat, Living Room/Dining Room Combo, Eat-in Kitchen, Kitchen/Family Room Combo, Split Bedroom, Solid Surface Counters, PrimaryBedroom Upstairs
- Laundry Features:
- Inside, Laundry Room
- Pool Private Yn:
- 1
- Sewer:
- Public Sewer
- Utilities:
- Cable Available, Public, Electricity Connected, Phone Available, Sewer Connected, Water Connected, BB/HS Internet Available
- Waterfront Features:
- Canal - Saltwater
- Window Features:
- ENERGY STAR Qualified Windows, Shades, Storm Window(s)
Appliances
- Appliances:
- Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Built-In Oven, Cooktop, Disposal, Bar Fridge, Wine Refrigerator
Address Map
- Country:
- US
- State:
- FL
- County:
- Pinellas
- City:
- Treasure Island
- Subdivision:
- GRIFFITH CAPRI ISLE CONDO
- Zipcode:
- 33706
- Street:
- CAPRI
- Street Number:
- 12400
- Street Suffix:
- CIRCLE
- Longitude:
- W83° 13' 18.4''
- Latitude:
- N27° 46' 47''
- 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
- Mls Area Major:
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Street Dir Suffix:
- N
Additional Information
- Water Source:
- Public
- Virtual Tour:
- https://www.propertypanorama.com/instaview/stellar/TB8396852
- Previous Price:
- 4649000
- On Market Date:
- 2025-06-13
- Number Of Units Total:
- 3
- Lot Features:
- In County, Paved, Level, City Limits
- Levels:
- Three Or More
- Garage:
- 4
- Foundation Details:
- Concrete Perimeter, Slab, Block
- Construction Materials:
- Block, Concrete, Stucco
- Building Size:
- 13000
- Attached Garage Yn:
- 1
Financial
- Tax Annual Amount:
- 15103
Listing Information
- Co List Agent Full Name:
- Leah Sil
- Co List Agent Mls Id:
- 260050737
- Co List Office Mls Id:
- 260030730
- Co List Office Name:
- KELLER WILLIAMS ST PETE REALTY
- List Agent Mls Id:
- 260051332
- List Office Mls Id:
- 260030730
- Listing Term:
- Cash,Conventional,Owner Financing
- Mls Status:
- Active
- Modification Timestamp:
- 2026-01-26T17:17:10Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-01-14T15:48:31Z
Residential Income For Sale
12400 Capri Cir N, Treasure Island, Florida 33706
10 Bedrooms
10 Bathrooms
6,424 Sqft
$4,350,000
Listing ID #TB8396852
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- TB8396852
- Price :
- $4,350,000
- View :
- Water
- Bedrooms :
- 10
- Bathrooms :
- 10
- Square Footage :
- 6,424 Sqft
- Year Built :
- 2024
- Lot Area :
- 0.32 Acre
- New Construction Yn :
- 1
- Property Sub Type :
- Triplex
- Roof:
- Shingle
- Waterfront Yn :
- 1
