12405 3RD STREET E UNIT 201, TREASURE ISLAND, FL, 33706
Active74 days on marketListed May 12, 2026MLS #TB8507666
About this home
12405 3RD STREET E UNIT 201
AVAILABLE SHORT TERM 4 months or longer. Spacious 2 bedroom/2bathroom waterfront corner condo. Waterfront community on Isle of Capri. Nicely maintained, with light laminate flooring, large kitchen with tile counters, newer windows throughout, covered parking, washer and dryer in unit, and outside storage. Caravel is just 3 blocks to gorgeous Gulf of Mexico and sandy beach. Enjoy direct intercoastal views that include spectacular sunrises overlooking relaxing scene with a community fishing pier. There is a Common/Meeting Room and Laundry Room. A waterside patio with a BBQ area and a lighted fishing dock. Bird Island, Boca Ciega Bay and Johns Pass are just minutes away. Caravel Condo is nicely landscaped and well maintained. Building has been recently painted and has a newer roof, seawall and sidewalks. Rossell Park is a very short walk to enjoy Baseball, Basketball, Tennis, Shuffleboard & Playground. (JUNE - DEC $2300/MONTH) (JAN-APRIL $4500/MONTH), additional clean fee and taxes.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,095
Sqft
0 ac
Lot size
1971
Year built
One
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$177 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$177/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Treasure Island actives
$2 vs $524
Days on market
74 vs 74 typical
Where $2/sqft sits among the 189 Treasure Island actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Capri Isle
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Treasure Island. See the full Treasure Island guide →
Capri Isle — neighborhood snapshot
Population
1,978
Median age
60
Median income
$129,262
Median home value
$668,850
Avg household
2
Households w/ children
44%
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Treasure Island market
$685K → $648K
Treasure Island median sold, yr/yr
93.5%
Sale-to-list ratio (12 mo)
103 of 189
Treasure Island actives have cut their price
Median sold price, Treasure Island, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the TREASURE ISLAND 33706 median. See the full Treasure Island market guide →
Paper trail
This home's history
Reality check
What actually sold near 12405 3RD STREET E UNIT 201
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$250,000
12405 3RD STREET E UNIT 304 · same community
2 bd · 2 ba · 1,045 sqft · $239/sqft · 677 DOM
Sold · Apr ’26$650,000
11000 GULF BOULEVARD UNIT 702
2 bd · 2 ba · 1,120 sqft · $580/sqft · 23 DOM
Sold · Mar ’26$310,000
10355 PARADISE BOULEVARD UNIT 1003
2 bd · 2 ba · 1,065 sqft · $291/sqft · 268 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 12405 3RD STREET E UNIT 201 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 12405 3RD STREET E UNIT 201 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
12405 3RD STREET E UNIT 201 FAQs
What would the monthly payment be for 12405 3RD STREET E UNIT 201?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $177/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 12405 3RD STREET E UNIT 201?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Treasure Island?+
At $2,300, this home is listed about 100% below the Treasure Island median of $659,000. The market section on this page shows how the area is trending.
Which schools are assigned to 12405 3RD STREET E UNIT 201?+
Azalea Middle School (middle), Azalea Elementary School (elementary), Boca Ciega High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the TREASURE ISLAND 33706 market on paper
$2,300 is 99% below the TREASURE ISLAND 33706 median of $450,000, and at $2/sqft it sits under the Treasure Island average of $638.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Azalea Middle School, Azalea Elementary School, Boca Ciega High School — Azalea Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of SANDCASTLE REALTY INC · Matthew Workman. MLS #TB8507666.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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