A three-level waterfront estate at 12650 7th Street E., Treasure Island sold July 31 for $5.8 million, more than a year from when it was first listed and for half of the initial asking price.
Located in the Capri Isle neighborhood, the property first entered the market in April 2025 for $11.5 million. The following January it was put up for auction with a reserve of $7 million. In March, the market price dropped to $6.9 million.
Built in 2022, the residence features 6,424 square feet of living space across the three floors. Inside are four bedrooms, six full bathrooms and one half-bath. A media room, with its own closet and bathroom, can serve as a fifth bedroom…