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Move-In ReadyNew Construction$80,000 price cut

12305 3rd Street E Unit 2New Construction Home in Treasure Island, FL

Treasure Island, FL 33706 · Pinellas County

$1,595,000

$1,675,000

$537/sq ft

4 Beds3 Baths2,969 sq ft3-Car GarageBuilt 2024Waterfront

Photos of 12305 3rd Street E Unit 2

12305 3rd Street E Unit 2, Treasure Island, photo 1 of 301 / 30

Who is building this home?

This home is listed as built by Tampaston LLC, floor plan NA. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.

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About this home

Virtually Staged. SPACIOUS, BRAND NEW LUXURY WATERFRONT TOWNHOME FEATURES AN ELEGANT KEY WEST APPEAL, A PRIVATE SWIMMING POOL (RARELY FOUND IN TOWNHOMES/CONDOMINIUMS) AND A PRIVATE DEEP-WATER BOAT SLIP! EXPECTED COMPLETION BY END OF APRIL 2024, WITH ADDITIONAL PICTURES TO BE POSTED BY MID-APRIL. Beautifully finished with superb, high-quality materials and exceptional craftsmanship, this expansive 4 bedroom, 3 bath, 3 car garage residence provides three separate balconies, generous storage and wonderful views. First living level boasts a sumptuous coastal contemporary kitchen with exquisite quartz surfaces, graceful tile backsplash, rich white cabinetry, a terrific SS appliance package and a lovely island bar with matching quartz waterfall. Appealing and convenient, the 1st living level guest bedroom is supported by a splendid full guest bath. You’ll love the views from your huge great room and its grand covered balcony overlooking the waterfront. Upper-level offers three bedrooms, including the impressive owner’s suite with oversized walk-in closet, multi-level ceiling, private covered balcony overlooking the waterway, and a plush owner’s bath with dazzling tilework, and large, luxurious walk-in glass shower enclosure. Bedroom 3 is substantially large with a dedicated sitting area. From your massive lower-level garage and storage area, step out to your private 325sqft covered and pavered deck - perfect for evening entertainment. Updated seawall supports a new composite deep-water dock. From here to the Gulf is a short five-minute boat ride. Fine 3-stop elevator, gorgeous designer fans and many value-added extras/amenities. A great location, within easy walking distance of the Capri Community Park, excellent dining and entertainment, and the world class powdersoft sands of Treasure Island beach. AN OUTSTANDING NEW CONSTRUCTION WATERFRONT VALUE! Buyer to verify all dimensions.

Home details and costs

MLS number
U8232382
Property type
Townhouse
Build stage
Move-In Ready
Builder
Tampaston LLC
Floor plan
NA
Heated square feet
2,969 sq ft
Total under roof
2,969 sq ft
Stories
3+ Story
Lot size
0.06 acres
Subdivision
Capri Isle Townhomes
HOA fee
No HOA
Annual property tax
$4,040 (current assessment)
Days on market
928 days

Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds

What would this home actually cost per month?

Pre-filled with this listing's price and HOA. Adjust anything to match your situation.

Estimated monthly payment

$12,256

$159,500 down (10%) on a $1,435,500 loan

Principal and interest
$9,073
Property tax (estimated)
$2,318
Homeowners insurance
$267
PMI (under 20% down)
$598

CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.

The tax figure in the MLS looks like a bare-lot assessment. It lists $4,040 a year, while taxing this purchase price works out closer to $27,810. On new construction the county reassesses once the house is finished, so budget from the higher number.

Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.

Get the real numbers on this home

What is negotiable on this home?

This listing shows real leverage signals. Here is what its own numbers say.

  • On the market 928 daysStrong signal

    Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.

  • Reduced $80,000 (5%)Worth knowing

    Originally listed at $1,675,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.

  • Finished and standingWorth knowing

    A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.

Where builders actually give

Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.

Ask Barrett what this builder will move on

Assigned schools

Elementary
Azalea Elementary-PN
Middle
Azalea Middle-PN
High
Boca Ciega High-PN

School assignments come from the MLS and change. Confirm directly with the district before relying on them.

Other new construction homes in Treasure Island

Listed by Century 21 Jim White & Assoc. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 12305 3rd Street E Unit 2, Treasure Island, FL 33706 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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