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88500 Overseas Highway Unit 501

Plantation Key, FL 33070

3 beds
2 baths
1,567 sqft
$462 per sqft
1976 build
– on site

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 should qualify for weekly rentals as of January 2026 (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.

Listing courtesy of FLKMLS / Blue 9 Realty, Inc.

Last checked: Checking… • Last updated Jul 2, 2025 •

MLS# 615578 —

The Building

Year Built:

1976
Construction:

CBS, Concrete
Style:

Condo
Unit #:

501
Exterior Features:

Bar, Sandy Beach, Outdoor Shower, Lighting, Gazebo, Chickee Hut, Built-in Grill
Windows/Doors:

Sliding Glass Doors, Impact Rstnce Doors
Roof:

Concrete Roof
Shutters:

Accordion
Porch/Balcony:

Open Porch/Balcony, Roof Top Deck, Deck
Accessibility Features:

Accessible Elevator Installed
Security:

Electric Gate, Secured Building

Interior

Specialty Rooms:

Gym, Media Room, Laundry Room
Furnished:

Furnished
Interior Features:

Drapes/Blinds Incl, Built-in Cabinets, Bar, Whirlpool Bath Tub, Smoke Alarms, Elevator, Granite Counter Top, Entrance Foyer
Floor:

Tile

Financial & Terms

Terms:

Cash, Conventional

Location

Directions:

short notice ok.

The Property

Parcel #:

00414510-011300
Property Condition:

Updated/Remodeled
Land Size:

2 Less Than 5 Acres
Waterfront:

Bay Front, Open Water, Gulf Front
Zoning:

OTH - Other Zoning
Waterfront:

Yes
Waterview:

Ocean View, Open Water View, Bay/Gulf View
Flood Zone:

AE,AE,VE,0.2 PCT ANN

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Taxes:

4839.25
Tax Exemptions:

Homestead

Beds

Total Bedrooms:

3

Baths

Total Baths:

2.00
Full Baths:

2

Heating & Cooling

Cooling:

Central Air, Ceiling Fans(s)

Utilities

Utilities:

FKAA, Elect Separate Meter, Cable Available, Municipal Sewer
Pre-Wired:

Cable
Pub Sewer HkUp:

Yes

Appliances

Appliances:

Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer

The Community

Subdivision:

Summer Sea (88.5)
Neighborhood Features:

Community Pool, Other Area Features, Beach, Manager on Premises, Community Boat Ramp, Community Dockage
Pool Info:

In Ground, Concrete
Pool Info: Heated:

Yes
Dockage:

Dock Privileges, Basin, Boat Ramp, First Come Dock
Dockage: Dock Length:

26
Pets: Pets w/Restrictions:

1 pet per apartment
Fee Includes:

Cable, Other, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
Association Info: Association Fee $:

1669.36
Association Info: Mandatory Home Owners Asc:

Yes
Association Info: Assoc/Mnt Fee Per:

Monthly

Parking

Vehicle Storage:

Assigned Parking, Covered Parking, Off Street Parking, Guest Parking

Monthly cost estimate

Asking price

$725,000

Expense	Monthly cost
Mortgage	$3,882
Taxes	$403
Insurance	$199
Utilities	$140 See report
Total	$4,624/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/26/25 Jun 26, 2025	Listed / Active	FLKMLS	$725,000	30.6% (3.8% / YR)
7/12/17 Jul 12, 2017		FLKMLS	$555,000

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This condo located in Islamorada 33070 is currently for sale for $725,000. 88500 Overseas Highway Unit 501 is a 1,567 square foot condo with 3 beds and 2 baths that has been on Estately for 10 days. This condo is in the attendance area of Plantation Key School and Key West High School.

Listing Courtesy of: FLKMLS and Blue 9 Realty, Inc..

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.