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Under contract
  • Price cut: $4K (6/11)
    $495,000

    88500 Overseas Hwy APT 317, Tavernier, FL 33070

    1beds
    574sqft
    : 
    $3,751/mo
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    Condominium
    Built in 1976
    -- sqft lot
    $467,900 Zestimate®
    $862/sqft
    $760/mo HOA

    What's special

    New composite dockGated waterfront condominium communityThoughtfully renovated interiorStunning direct water viewsSandy beach areaBright open-concept layoutBreathtaking sunsets
    Wake up to sweeping open bay views and unwind each evening with breathtaking sunsets from this beautifully updated 1-bedroom, 1-bath residence at Summer Sea Condominium. Ideally positioned in one of the community's premier locations, Unit 317 enjoys both stunning direct water views and a picturesque overlook of the pool from the private balcony. Inside, the thoughtfully renovated interior offers a bright, open-concept layout designed for relaxed coastal living. The modern kitchen features updated finishes and flows seamlessly into the living area, highlighted by tile flooring and a striking stone accent wall. The spacious bedroom is positioned to capture the incredible bay views, creating a true waterfront retreat. Located in the heart of Plantation Key within Islamorada, Summer Sea is a gated waterfront condominium community known for its friendly residential atmosphere, beautifully maintained grounds, and exceptional amenities. Residents and guests enjoy two pools including one heated pool, a sandy beach area, fitness center, game room, community gathering spaces, elevator access, and spectacular sunset views over Florida Bay. The community has successfully completed its milestone inspection and continues to show pride of ownership with numerous recent improvements, including two new elevators, a new composite dock, newly remodeled poolside bathrooms, and storm rated windows -- all completed with no special assessments. Conveniently located near dining, shopping, marinas, and the famous Marker 88, this property also offers excellent investment potential with established seasonal rental history and bookings already in place for January, February, and March 2027. Whether you are searching for a waterfront getaway, full-time residence, or income-producing investment property, this exceptional bayfront condominium offers the very best of the Islamorada lifestyle.
    94 days
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    44
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jonelle Kop 305-942-4339,

    Blue 9 Realty, Inc.

    Source: FLKMLS,MLS#: 619864MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Range, Oven, Microwave
      • Laundry: Laundry Room
      Features
      • Built-in Features, Granite Counters, Gym
      • Flooring: Tile
      • Furnished: Yes
      Interior area
      • Total structure area: 574
      • Total interior livable area: 574 sqft

      Property

      Parking
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Open Porch/Balcony
      • Exterior features: Lighting, Outdoor Shower, Sandy Beach
      • Has private pool: Yes
      • Pool features: In Ground, Concrete
      • On waterfront: Yes
      Details
      • Parcel number: 00414510006100
      • Zoning: HDR - High Density Residential

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • CBS
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1976

      Utilities & green energy

      • Utilities for property: Elect Separate Meter, Cable Available

      Community & HOA

      Community
      • Features: Community Dockage, Community Boat Ramp, Manager on Premises, Beach
      • Security: Security Gate
      • Subdivision: Summer Sea (88.5)
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Sewer, Pest Control, Water, Maintenance Structure, Insurance, Common Area Mnt, Security
      • HOA fee: $760 monthly
      Location
      • Region: Tavernier

      Financial & listing details

      • Price per square foot: $862/sqft
      • Tax assessed value: $197,445
      • Annual tax amount: $4,336
      • Date on market: 5/11/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $467,900

        $445,000 - $491,000

        $2,259/mo

        Price history

        DateEventPrice
        6/30/2026Contingent$495,000$862/sqft
        Source: Key West AOR #619864 Report a problem
        6/11/2026Price change$495,000-0.8%$862/sqft
        Source: FLKMLS #619864 Report a problem
        5/29/2026Price change$499,000-2.3%$869/sqft
        Source: Key West AOR #619864 Report a problem
        5/11/2026Listed for sale$511,000+2.2%$890/sqft
        Source: FLKMLS #619864 Report a problem
        9/6/2024Sold$500,000-3.7%$871/sqft
        Source: FLKMLS #610719 Report a problem
        7/24/2024Contingent$519,000$904/sqft
        Source: Key West AOR #610719 Report a problem
        7/10/2024Listed for sale$519,000+99.6%$904/sqft
        Source: FLKMLS #610719 Report a problem
        4/24/2020Sold$260,000-21.1%$453/sqft
        Source: FLKMLS #589330 Report a problem
        2/20/2020Price change$329,500-5.9%$574/sqft
        Source: Berkshire Hathaway HomeServices Freewheeler Realty #589330 Report a problem
        1/22/2020Listed for sale$350,000$610/sqft
        Source: Berkshire Hathaway HomeServices Freewheeler Realty #589330 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2015$2,462 +3.8%$191,607 +10%
        2014$2,372 +7%$174,189 +10%
        2013$2,216 +27.7%$158,354 +10%
        2012$1,735 +4.7%$143,959 -2.4%
        2011$1,657 -28.5%$147,518 -32.9%
        2010$2,319 -8.5%$219,892 -17%
        2009$2,534 -27.9%$264,930 -22.1%
        2008$3,515 +20.1%$340,302 -6.3%
        2007$2,926 -7%$363,055 +1.8%
        2006$3,147 +15.8%$356,500 +28.1%
        2005$2,718 +40%$278,391 +55.4%
        2004$1,941 $179,088
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33070

        Getting around

        32 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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