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, with a 22-foot pontoon boat, jet ski, and paddle boards included. 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!
New construction
$4,799,999
12400 Capri Cir N, Treasure Island, FL 33706
--beds
0baths
6,424sqft
Est.:
Triplex, Multi Family
Built in 2024
-- sqft lot
$-- Zestimate®
$747/sqft
$-- HOA
What's special
Direct gulf accessElegant quartz countertopsHigh-end finishesLush tropical landscapingWaterfront compoundTiki barWest-facing outdoor space
- 58 days
- on Zillow |
- 432 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 02:41pm
Listing Provided by:
Ryan Bogden 727-310-1096,
KELLER WILLIAMS ST PETE REALTY 727-894-1600
Source: Stellar MLS,MLS#: TB8396852
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air, Ductless
Appliances
- Included: Bar Fridge, Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
- Laundry: Inside, Laundry Room
Features
- 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
- Doors: Outdoor Grill, Outdoor Shower, Sliding Doors
- Windows: ENERGY STAR Qualified Windows, Shades, Storm Window(s)
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 13,000
- Total interior livable area: 6,424 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage Door Opener, Guest, Off Street, Under Building
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck, Patio
- Exterior features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sprinkler Metered, Storage
- Has private pool: Yes
- Pool features: Heated, In Ground, Lap, Salt Water
- Has view: Yes
- View description: Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Canal - Saltwater, Saltwater Canal Access, Bridges - No Fixed Bridges, Lift, Sailboat Water, Seawall
Lot
- Size: 0.32 Acres
- Features: City Lot, In County, Level
Details
- Parcel number: 233115336500000001
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Block, Concrete, Stucco
- Foundation: Block, Concrete Perimeter, Slab
- Roof: Shingle
Condition
- Completed
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Closed Circuit Camera(s), Smoke Detector(s)
- Subdivision: GRIFFITH CAPRI ISLE CONDO
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Treasure Island
Financial & listing details
- Price per square foot: $747/sqft
- Annual tax amount: $15,103
- Date on market: 6/13/2025
- Listing terms: Cash,Conventional,Owner May Carry
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
- Loading
- Loading