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$675,000 -$20,000 (-2.88%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,567 Sq. Ft.
  • Updated 1 hour ago
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This stunning 3-bedroom, 2 bath, fully furnished penthouse Condominium with private roof top deck is exquisitely updated and easy to show. With both ocean and bay views, it offers a treasured opportunity to own one of the best apartments here at Summer Sea Condo. The feeling of space in this apartment is apparent the moment you walk in the door. 1,567sq' of open concept living space with a stunning kitchen with a large island, dining and living rooms gives plenty of room to stretch out. All with hurricane glass doors to access the triple wide balcony. The master bedroom is huge with a stunning ensuite bathroom that will appeal to the finest tastes with a large modern jetted tub and separate shower with tons of closet and storage space. The guest bedroom is also very large with tons of closet space. The third bedroom features a built-in desk with a pullout couch. The spiral staircase takes you to the private rooftop deck perfect for entertaining, featuring a built-in bar and stunning views of the ocean and the bay. Even a private undercover private parking place comes with the apartment. This is the perfect retirement home or an investment as it may qualify for weekly rentals as of January 2027 (contact agent for details).Summer Sea is located at MM 88.5, 68 miles from Miami, in the Heart of Islamorada, 'The Fishing Capital of the World'. Relax in a hammock or lounge chairs out on the sandy beach, enjoy a fire in the fire pit or go up on the roof top deck for a stunning view experiencing Florida Keys famous sunsets! The marina, and dockage available with new composite dock & boat ramp, is teeming with sea life. Enjoy the beautiful large swimming pool (heated and cooled), and a second kids swimming pool. Also a beach w/ fire pit, marina with a new composite dock, boat ramp, fish cleaning stations, gym, adult and kids game rooms! Passed the milestone inspection, waterproofed the roof, new wind rated windows and 2 new elevators! Gated w/ onsite management.

Full Property Details for 88500 Overseas Hwy #501

General

  • Price: $675,000
  • HOA FEE: $1,655/month
  • Taxes: $4,839 (2024)
  • Status: Active
  • Type: Condo
  • Source: 927
  • MLS ID: 615578
  • Updated: 1/18/2026
  • Added to Site: 206 day(s) ago

Interior

  • Rooms/Areas: Gym, Media Room, Laundry Room
  • Interior Features: Drapes/Blinds Incl, Built-in Cabinets, Bar, Whirlpool Bath Tub, Smoke Alarms, Elevator, Granite Counter Top, Entrance Foyer
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Community Pool, Other Area Features, Beach, Manager on Premises, Community Boat Ramp, Community Dockage
  • Pool: Yes
  • Pool Description: In Ground, Concrete
  • Security/Safety: Electric Gate, Secured Building

Exterior

  • Exterior Features: Bar, Sandy Beach, Outdoor Shower, Lighting, Gazebo, Chickee Hut, Built-in Grill
  • Deck/Patio: Open Porch/Balcony, Roof Top Deck, Deck

Parking

  • Parking: Assigned Parking, Covered Parking, Off Street Parking, Guest Parking

Location

  • Area: 25 - Plantation Key
  • County: Monroe
  • Subdivision: Summer Sea (88.5)
  • Driving Directions: short notice ok.

Community

  • Assoc. Fees Include: Cable, Other, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Pet Restrictions: 1 pet per apartment

Heating & Cooling

  • Cooling Type: Central Air, Ceiling Fans(s)

Utilities

  • Water: Ocean View, Open Water View, Bay/Gulf View
  • Utility Description: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer

Structural Information

  • Architectural Style: Condo
  • Construction Status: Updated/Remodeled
  • Construction: CBS, Concrete
  • Roof: Concrete Roof
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Doors
  • Dock Size: 26
  • Wiring: Cable
  • Entry Floor Number: 5
  • Stories/Levels: 5 Stories
  • Square Feet: 1,567
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1976
  • Property Condition: Updated/Remodeled

Unit Information

  • Unit Floor in Bldg.: 5
  • Unit Type: Complex

Lot Features

  • Zoning: OTH - Other Zoning

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Bay Front, Open Water, Gulf Front
  • Dock Description: Dock Privileges, Basin, Boat Ramp, First Come Dock

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $1,655
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,839
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: APT 501 SUMMER SEA CONDOMINIUM APARTMENTS PLANTATION BEACH PB2-76 PLANTATION KEY OR684-23 OR693-359 OR706-296/97 OR776-1
  • Flood Zone: AE, AE, VE, 0.2 PCT ANN
  • APN: 00414510-011300

Listed by Blue 9 Realty, Inc., Jonelle Kop (305) 942-4339

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Listing agent

— 88500 Overseas Hwy #501 —

  • Jonelle Kop

    Blue 9 Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 88500 Overseas Hwy #501

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Plantation Key School
100 Lake Road, Tavernier, FL 33070
PK-81.5 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1282 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 88500 Overseas Hwy #501 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/18/2026
Price Reduced
$675,000
-2.88%
MLS
10/08/2025
Price Reduced
$695,000
-4.14%
MLS
6/26/2025
Listed
$725,000
30.63%
MLS
7/12/2017
Sold
$555,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 88500 Overseas Hwy #501

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,839
—
$549,357
3%
2024
$4,839
1%
$533,875
3%
2023
$4,798
—
$518,326
6%
2021
$4,821
2%
$488,573
-3%
2022
$4,745
-2%
$503,230
3%
2021
$4,821
—
$486,540
2%
2019
$4,800
—
$475,602
—
2018
$4,786
117%
$475,602
119%
2017
$2,210
-3%
$216,944
2%
2016
$2,268
2%
$212,482
1%
2015
$2,223
—
$211,005
1%
2014
$2,228
1%
$209,330
2%
2013
$2,212
—
$206,236
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 88500 Overseas Hwy #501

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Blue 9 Realty, Inc., Jonelle Kop (305) 942-4339

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88500 Overseas Highway #501, Islamorada, FL 33070 (MLS# 615578) is a Condo property with 3 bedrooms and 2 full bathrooms. 88500 Overseas Highway #501 is currently listed for $675,000 and was received on June 26, 2025. Want to learn more about 88500 Overseas Highway #501? Do you have questions about finding other Condo real estate for sale in Islamorada? You can browse all Islamorada real estate or contact a Coldwell Banker agent to request more information.

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