Condominium at 220 126TH AVE #1, TREASURE ISLAND
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$615,000

220 126TH AVE #1
TREASURE ISLAND, FL 33706
Listed by AMERICAN HERITAGE REALTY, INC.
Bedrooms
2
Bathrooms
2.5
Living area
1,200 sqft
Year built
1961

About this home

Welcome to 220 126th Ave Unit 1, a beautifully reimagined waterfront condo nestled in the highly sought-after Isle of Capri community of Treasure Island. This spacious two bedroom, two full bathroom, and one half bathroom residence has been thoughtfully remodeled from top to bottom, delivering a move-in ready coastal retreat where modern elegance meets the relaxed Florida lifestyle. From the moment you step inside, you are welcomed by an open, light-filled layout adorned with large format tile flooring throughout, quality finishes, and a clean contemporary aesthetic. The updated kitchen showcases sleek stainless steel appliances, generous cabinetry, and a seamless flow into the main living area, perfect for entertaining guests or savoring quiet evenings at home. The connection to the outdoors is truly one of this home's most captivating qualities. An enclosed waterfront living space just off the main living room offers serene water views and a beautifully maintained backyard complete with a charming putting green, your own private slice of paradise. A separate covered paver porch exclusive to this unit provides yet another space to unwind with your morning coffee or catch the coastal breeze as the sun sets over the Gulf. For water enthusiasts, this property is nothing short of exceptional. A private assigned boat slip features a floating dock designed to accommodate two jet skis, offering effortless anytime access to the open water. The sale includes a jet ski, trailer, and floating dock, making this a rare turnkey opportunity to enjoy the water from day one. A private one car garage and a separate locked storage shed provide generous space for beach gear, water equipment, and everything the Florida lifestyle demands. The location places you just minutes from Johns Pass, where you can enjoy waterfront dining, shopping, live entertainment, and easy access to some of the most stunning beaches on the Gulf Coast. Whether you are searching for a primary residence, a vacation escape, or an investment property, this condo offers compelling flexibility with rental potential subject to local leasing guidelines. The HOA includes flood and wind insurance, simplifying ownership and helping to reduce ongoing expenses. This is more than a condo. It is a complete waterfront lifestyle, with peaceful mornings on the water, spontaneous days out on your jet ski, and evenings spent entertaining in a beautifully updated space that feels like a permanent vacation. Schedule your private showing today and experience it for yourself.

Highlights

Waterfront

Property details

MLS
Stellar MLS
MLS #
MFRTB8492558
Property type
Condominium
Subdivision
CAPRI LIGHTHOUSE CONDO
Status
Active
Days on market
184
On market date
March 31, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
1
Parking spaces
N/A
Lot size
0.23 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
MADEIRA BEACH FUNDAMENTAL K-8
1.97 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,346
Student:teacher ratio
19.5:1
District
PINELLAS
Middle
AZALEA MIDDLE SCHOOL
2 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
807
Student:teacher ratio
18.8:1
District
PINELLAS
HighCharter
ST. PETERSBURG COLLEGIATE HIGH SCHOOL
2.92 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
240
Student:teacher ratio
48.0:1
District
PINELLAS

Walkability

Blended score for TREASURE ISLAND's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

68
Walkable
out of 100
EPA National Walkability Index
12.7 / 20 -- Above average walkable
Google Places amenity density
75 / 100
Restaurants & cafes20
Grocery stores3
Parks6
Schools1
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in TREASURE ISLAND, from live MLS data.

On the market 184 days -- 50 more days than TREASURE ISLAND's current average of 134 days.
For reference, the median list price across 326 active listings in TREASURE ISLAND right now is $582,500.

Mortgage calculator

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Est. monthly payment
$3,854/mo
$123,000 down
$492,000 loan
Principal & interest$3,191
Property tax (est.)$513
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 21 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.