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$725,000

88500 Overseas Hwy Unit 501 Islamorada, FL 33070

3 beds
2 full
1,567 sqft
$463 / sqft
Condo

Property details

About 88500 Overseas Hwy Unit 501

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.

Highlights

Home typeCondominium
StatusActive
Size1,567 sqft
Year built1976
ParkingOff Street
MLS #615578
ViewBay, Ocean
Private poolYes

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior: Elevator, Entrance Foyer
  • Total Bedroom Count: 3
  • Private Pool: Yes
  • Parking: Off Street
  • View: Bay, Ocean
  • Architectural Style: Condo
  • List Price: $725,000
  • Price/SqFt: $462
  • HOA Amount: $1669 Monthly
  • Lot: Waterfront
  • Directions: short notice ok.
  • Year Built: 1976
  • Living Area: 1,567 SqFt
  • MLS Number: 615578
  • MLS Name: KeyWest
  • Office Name: Blue 9 Realty, Inc.
  • Office Phone: (305) 393-3318
  • Listing Agent: Jonelle Kop

The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided 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. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/17/2025, 12:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

9

Ocean Studies Charter

Public Charter KG-5

3.9 mi

92295 Old Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,463. Typical income of Islamorada, FL residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

33%
<35k
39%
35k-100k
23%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
10%
Single, with Kids
29%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
52%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 88500 Overseas Hwy Unit 501

The listing price of 88500 Overseas Hwy Unit 501 property is $725,000.

The property 88500 Overseas Hwy Unit 501 is a condo located in Islamorada, Florida, 33070.

Active Listing: 88500 Overseas Hwy Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 88500 Overseas Hwy Unit 501 are: Ocean Studies Charter (GreatSchools Rating 9/10), Treasure Village Montessori Charter School (GreatSchools Rating 10/10), Plantation Key School (GreatSchools Rating 8/10), Key Largo School (GreatSchools Rating 6/10), Coral Shores High School (GreatSchools Rating 5/10).

The property at 88500 Overseas Hwy Unit 501 has 3 bedrooms and 2 bathrooms.

The property 88500 Overseas Hwy Unit 501 is 1,567 SqFt (source: MLS/tax record).

The year of construction for 88500 Overseas Hwy Unit 501 is 1976.

This home is located at 88500 Overseas Hwy Unit 501 in Islamorada, FL and zip code 33070. This 1,567 square foot home was built in 1976. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $725,000.

Over 3 listings were sold over their listed price in June 2025 in Islamorada, FL. In the same period over 51 listings were sold below the listed price and 7 listings were sold for the listed price. Between May and June 2025, Islamorada, FL real estate market has seen increase in the number of listings by 2.5%. In June 2025, listings were on the market for 113 days. During the same period, the median list price in this real estate market was $900,000.

From Rocket Homes Real Estate and based on county public records data.

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