$355,000
SOLD APR 28, 2025

Summer Sea Condominiums 88500 Overseas Hwy Unit 327 Tavernier, FL 33070

2 Beds
1.5 Baths
794 Sq Ft
$945/mo HOA Fee

Recently Sold

$447 Per Sq Ft

11% Below List Price

44 Days on Market

Highlights

  • Boat Ramp
  • Dock Facilities
  • Sandy Beach
  • Plantation Key School Rated A-
  • Beach
  • 1-minute walk to Indian Key

About This Home

As of April 2025

Priced to sell quickly, this cozy 2 bedroom,1.5 bath apartment is on the 3rd floor of highly sought after Summer Sea Condominium. Offers an opportunity for sweat equity potential. With a private balcony, this is perfect for full time residents or second home allowing 28-day rentals. Summer Sea Condominium is a multi-story residential waterfront condominium, right on the bay affording stunning sunsets all year round. With an abundance of community areas such as a beautiful sandy beach area and lots of space to stretch, large marina with a new composite dock and boat ramp, 2 pools (one heated/cooled), 2 newly remodeled game rooms and remodeled gym with all new equipment, a large community room/kitchen and library, laundry rooms, roof top viewing deck and friendly residential atmosphere with onsite management. Two new elevators are being installed! Kayak and paddle board storage and easy boating access to the Bay and Ocean thru Tavernier Creek or Snake Creek. Safe and secure gated community in the Village of Islamorada, on Plantation Key at Mile Marker 88.5, just north of the famous Marker 88 Restaurant. First come, first serve dockage is available to the owner with size restrictions and insurance requirements. 4'*4'*3' storage locker on the property is also included.28-day rental minimum.Owner occupied.

Last Agent to Sell the Property

Jonelle Kop

Blue 9 Realty, Inc. License #3371058 Listed on: 01/25/2025

Last Buyer's Agent

Jonelle Kop

Blue 9 Realty, Inc. License #3371058 Listed on: 01/25/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 1976

Lot Details

  • Sandy Beach

HOA Fees

  • $945 Monthly HOA Fees

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 794 Sq Ft Home
  • 5-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Home Gym

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • Electric Gate
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • First Come-First Served Dock
  • Boat Ramp
  • Dock Facilities
  • Dock made with Composite Material
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00414510-007100

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, water, exterminating, sewer
  • Summer Sea Subdivision
  • Rental Restrictions

Amenities

Recreation

  • Boat Ramp
  • Beach

Pet Policy

  • Pet Restriction: 1 per apartment

Security

  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,461

Year Built

Built in 1976

Lot Details

0

HOA Fees

$945 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 944.92
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Composite
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Exterminating, Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 88.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Beach, Manager on Premises, Clubhouse, Community Boat Ramp, Community Dockage
  • Pets W Restrictions: 1 per apartment
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2461.28
  • Vehicle Storage: Open Parking, Off Street Parking, Guest Parking
  • Year Built: 1976
  • Alternate Key Number: 1509442
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 5 Stories
  • Estimated Living Sq Ft: 794.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Floor: Tile, Carpet
  • Half Bathrooms: 1
  • Specialty Rooms: Gym
  • Windows/Doors: Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Dock Privileges, Boat Ramp, First Come Dock
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Chickee Hut, Sandy Beach, Lighting
  • Roof: Concrete Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,0.2 PCT ANN
  • Parcel Number: 00414510-007100
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Apr 28, 2025
Sold by
Schipper Leslie A
Bought by
Rivas Miguel A and Moreira Maria G
Seller's Agent
Jonelle Kop
Blue 9 Realty, Inc.
Buyer's Agent
Jonelle Kop
Blue 9 Realty, Inc.
List Price
$400,000
Sold Price
$355,000
Premium/Discount to List
-$45,000
-11.25%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.55%
Original Mortgage
$205,000
Outstanding Balance
$205,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$210,080

Purchase Details

Closed on
Feb 12, 2004
Sold by
Schipper Matthew Thomas and Yeager Kirsten
Bought by
Schipper Leslie A and Whitford Wade W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1984
Bought by
Schipper Leslie A

Purchase Details

Closed on
Aug 1, 1978
Bought by
Schipper Leslie A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $355,000 Coral Reef Title
Interfamily Deed Transfer $160,000 --
Warranty Deed $64,000 --
Deed $33,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $205,000 New Conventional
Previous Owner $220,000 Credit Line Revolving
Previous Owner $167,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $355,000 -11.3% $447 / Sq Ft
01/25/2025 01/25/25 For Sale $400,000 -- $504 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,461 $228,393 -- --
2023 $2,461 $278,566 $0 $0
2022 $2,360 $269,380 $0 $0
2021 $2,195 $215,616 $0 $215,616
2020 $2,249 $220,344 $0 $0
2019 $2,195 $211,449 $0 $0
2018 $2,171 $209,571 $0 $0
2017 $2,104 $205,923 $0 $0
2016 $2,181 $203,933 $0 $0
2015 $2,081 $196,895 $0 $0
2014 $2,094 $196,148 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 613334

Florida Keys Board of REALTORS®

APN: 00414510-007100