88500 Overseas Highway #501, Upper Sugarloaf Key, FL 33070 - Photo 1

1/1

$675,000

Sold
Closed
Condo
3 Beds
2 Full Baths
1,567 Sq. Ft.
Updated 1 hour ago

1/1

Property Description

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

Full Property Details for 88500 Overseas Hwy #501

General

Sold For: $675,000
HOA FEE: $1,655/month
Taxes: $4,839 (2024)
Status: Closed
Type: Condo
Source: 927
MLS ID: 615578
Added to Site: 321 day(s) ago

Interior

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

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Laundry Room

Additional Information

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

Exterior

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

Parking

Parking Features: Guest, Off Street, Covered, Assigned

Location

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

Community

Association: Yes
Assoc. Fees Include: Other, Bldg Exterior Mnt, Building Insurance, Cable TV, Common Area Mnt, Exterminating, Security, Sewer, Water
Pets Allowed: Yes

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Ceiling Fans(s)

Structural Information

Architectural Style: Above Flood
Construction Status: Updated/Remodeled
Construction: CBS, Concrete
Roof: Concrete
Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Shutters
Square Feet: 1,567
Sq. Ft. Source: Property Data Card
Year Built: 1976
Property Condition: Updated/Remodeled

Unit Information

Unit Type: Complex

Lot Features

Property View: Open Water View, Ocean, Bay
Zoning: OTH - Other Zoning

Water Features

Water Front: Yes
Water View: Yes
Water Front Desc.: Bay Front, Gulf Front, Open Water

Financial Considerations

Association Fee: Yes
Association Fee: $1,655
Assoc Fee Freq.: Monthly
Tax Amount: $4,839.25
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
Sold by Compass Florida LLC - Tavernier, STEVEN J CONLEY, LLC and Compass Florida LLC - Tavernier, Clayton J. Conley

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Listing agent

— 88500 Overseas Hwy #501 —

Jonelle Kop

Blue 9 Realty, Inc.

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Schools

Schools serving 88500 Overseas Hwy #501

School District:Monroe County School District, Middle Torch Key, FL

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 88500 Overseas Hwy #501

Date

Details

Price

Change

Source

3/02/2026

Sold

$675,000

—

MLS

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

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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88500 Overseas Highway #501, Upper Sugarloaf Key, FL 33070 (MLS# 615578) is a Condo property that was sold at $675,000 on March 02, 2026. Want to learn more about 88500 Overseas Highway #501? Do you have questions about finding other Condo real estate for sale in Upper Sugarloaf Key? You can browse all Upper Sugarloaf Key real estate or contact a Coldwell Banker agent to request more information.

88500 Overseas Hwy #501 Upper Sugarloaf Key, FL 33070