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Sold for $796,200
  • $796,200

    88500 Overseas Hwy APT 502, Tavernier, FL 33070

    3beds
    1,567sqft
    Condominium
    Built in 1976
    -- sqft lot
    $797,700 Zestimate®
    $508/sqft
    $4,665 Estimated rent

    Home value

    $797,700

    $694,000 - $917,000

    $4,665/mo

    Zestimate® history
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    $6,412/mo

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    What's special

    Island Life Awaits...Islamorada Getaway and great investment property allowing weekly rentals. Unique penthouse condo features a spacious private rooftop deck offering views of both the Ocean and the Gulf. Plus, you'll have your own deeded covered parking spot. Beautifully remodeled, 3/2 and beautifully furnished! Fantastic layout - 1567sq ft of living space all on one level. The Summer Sea is pet friendly and offers first-come dockage to 26' OA. Bayside pool, spa, sunset beach, party room, gym, billiard room, storage and so much more. Some ocean views from almost every room. Above the unit is a private rooftop lounge with covered wet bar perfect for entertaining or just chilling while you soak in the views. Ideal for sunrise and sunset lovers. Prime Location: Situated close to Founder's Park, shops, and restaurants, you'll have the best of Islamorada at your fingertips. This penthouse condo is not just a home; it's a lifestyle. Don't miss your chance to own a piece of paradise in one of the most sought-after destinations in the world. Schedule your private tour today and prepare to be captivated by the natural beauty of this incredible property!

    Zillow last checked:

    Listing updated:

    Listed by:

    Terry Canto,Top Producer 305-394-3037,

    American Caribbean Real Estate, Christie's International Real Estate

    Bought with:

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    Source: FLKMLS,MLS#: 610616MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air, Ceiling Fans(s)
    Appliances
    • Included: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Wine Cooler, Stainless Steel Appliance(s)
    Features
    • Granite Counters, Elevator, Storage, Bar, Gym, Loft
    • Flooring: Tile
    • Furnished: Yes
    Interior area
    • Total structure area: 1,567
    • Total interior livable area: 1,567 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Open Porch/Balcony, Roof Top Deck, Lanai
    • Exterior features: Chickee Hut, Lighting, Outdoor Shower, Sandy Beach, Storage
    • Has private pool: Yes
    • Pool features: In Ground
    • Has spa: Yes
    • Spa features: Heated
    Details
    • Parcel number: 00414510011400
    • Zoning: OTH - Other Zoning

    Construction

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

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Community Dockage, Community Boat Ramp, Clubhouse, Beach
    • Security: Security Gate, Building Security
    • 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: $1,550 monthly
    Location
    • Region: Tavernier

    Financial & listing details

    • Price per square foot: $508/sqft
    • Tax assessed value: $703,350
    • Annual tax amount: $6,939
    • Date on market: 7/1/2024
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    3/11/2025Sold$796,200-11.4%$508/sqft
    Source: FLKMLS #610616 Report a problem
    2/8/2025Pending sale$899,000$574/sqft
    Source: FLKMLS #610616 Report a problem
    12/5/2024Price change$899,000-2.8%$574/sqft
    Source: Key West AOR #610616 Report a problem
    9/12/2024Price change$925,000-2.5%$590/sqft
    Source: Key West AOR #610616 Report a problem
    7/1/2024Listed for sale$949,000+18.6%$606/sqft
    Source: Key West AOR #610616 Report a problem
    2/7/2022Sold$800,000-5.9%$511/sqft
    Source: Public Record Report a problem
    12/16/2021Contingent$850,000$542/sqft
    Source: Key West AOR #597748 Report a problem
    9/15/2021Listed for sale$850,000+21.4%$542/sqft
    Source: FLKMLS #597748 Report a problem
    6/17/2021Sold$700,000+0.1%$447/sqft
    Source: Public Record Report a problem
    3/9/2021Contingent$699,000$446/sqft
    Source: FLKMLS #593842 Report a problem
    12/28/2020Listed for sale$699,000+33.1%$446/sqft
    Source: FLKMLS #593842 Report a problem
    3/29/2016Sold$525,000+191.7%$335/sqft
    Source: Public Record Report a problem
    11/3/1997Sold$180,000$115/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,793 -4.4%$703,350 -5.3%
    2024$7,109 +2.4%$742,773 +5%
    2023$6,940 +13.2%$707,197 +15.6%
    2022$6,131 +35%$611,952 +46.4%
    2021$4,542 -3.2%$418,062 -3.2%
    2020$4,691 $431,716 +6%
    2019$4,691 +3.5%$407,138
    2018$4,534 +0.3%$407,138 -1.1%
    2017$4,521 +0.9%$411,523 +97%
    2016$4,481 +101.3%$208,845 +0.7%
    2015$2,226 $207,393
    Find assessor info on the county website

    Neighborhood: 33070

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $797,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $797,700