$555,000
SOLD JUL 12, 2017

Summer Sea Condominiums 88500 Overseas Hwy Unit 501 Tavernier, FL 33070

3 Beds
2 Baths
-- Sq Ft
$997/mo HOA Fee

Recently Sold

7% Below List Price

126 Days on Market

Highlights

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

About This Home

As of July 2017

PRICED TO SELL!! A RARE OPPORTUNITY to own a PENTHOUSE in ISLAMORADA. This is a impeccably remodeled 3/2 condo with stunning views of both the ocean and the bay. The outdoor rooftop living space is fantastic for entertaining or just relaxing while you take in the views. This complex is quiet and serene. The amenities include a large pool, sandy beach, dockage, boat ramp, boat storage and...

Last Agent to Sell the Property

Faye Saenger

Sharon J. Kelly Realty, Inc. License #3227263 Listed on: 02/01/2017

Sharon J. Kelly Realty, Inc.

Last Buyer's Agent

Caitlin McKinney

Coldwell Banker Schmitt Real Estate Co. License #SL3348825

Coldwell Banker Schmitt Real Estate Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1976

Lot Details

  • Sandy Beach
  • Sprinkler System

HOA Fees

  • $997 Monthly HOA Fees

Property Views

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • Furnished
  • Bar
  • Double Hung Windows
  • Blinds
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • First Come-First Served Dock
  • Deck
  • Rain Gutters

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00414510-011300

Community Details

Overview

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

Amenities

Recreation

  • Boat Ramp
  • Beach

Pet Policy

  • Pet Restriction: 1 per uni

Security

  • Building Security
  • Resident Manager or Management On Site
  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,268

Year Built

Built in 1976

Lot Details

0

HOA Fees

$997 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 996.51
  • Mandatory HOA: Yes
  • Control Depth: 4
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 88.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Manager on Premises, Community Pool, Community Dockage, Community Boat Ramp, Clubhouse
  • Off Shore Island: No
  • Pets W Restrictions: 1 per uni
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2268.25
  • Vehicle Storage: Covered Parking
  • Year Built: 1976
  • Alternate Key Number: 1509868
  • Building Style: Other Bldg Style
  • Cooling Heating: Heat Pump
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Roof Top Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pantry, Split Bedroom, Granite Counter Top
  • Floor Number: 5.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Windows/Doors: Double Hung Windows, Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Bar, Sandy Beach, Sprinkler System, Rain Gutters
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE,0.2 PCT ANN
  • Parcel Number: 00414510-011300
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jul 12, 2017
Sold by
Chiucchini Archie and Chiucchini Gail
Bought by
Long Robert and Crampton Barbara
Seller's Agent
Faye Saenger
Sharon J. Kelly Realty, Inc.
Buyer's Agent
Caitlin McKinney
Coldwell Banker Schmitt Real Estate Co.
List Price
$599,900
Sold Price
$555,000
Premium/Discount to List
-$44,900
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$250,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2000
Sold by
Lundin Russell L
Bought by
Chiucchini Archie and Chiucchini Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1980
Bought by
Chiucchini Archie and Chiucchini Gail

Purchase Details

Closed on
Nov 1, 1978
Bought by
Chiucchini Archie and Chiucchini Gail
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 $555,000 Attorney
Warranty Deed $225,000 --
Warranty Deed $125,000 --
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,000 Credit Line Revolving
Open $236,000 New Conventional
Closed $236,000 New Conventional
Closed $250,000 New Conventional
Previous Owner $128,000 New Conventional
Previous Owner $125,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $725,000 +30.6% $463 / Sq Ft
07/12/2017 07/12/17 Sold $555,000 -7.5% --
06/07/2017 06/07/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $599,900 -- --
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 $4,798 $533,875 -- --
2023 $4,798 $518,326 $0 $0
2022 $4,745 $503,230 $0 $0
2021 $4,821 $488,573 $0 $488,573
2020 $4,822 $486,540 $0 $486,540
2019 $4,800 $475,602 $0 $475,602
2018 $4,786 $475,602 $0 $0
2017 $2,210 $216,944 $0 $0
2016 $2,268 $212,482 $0 $0
2015 -- $211,005 $0 $0
2014 -- $209,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonelle Kop

    Seller's Agent in 2025

    Jonelle Kop

    Blue 9 Realty, Inc.

    (305) 942-4339

    20 in this area

    26 Total Sales

    Jonelle Kop
    Section Image

  • F

    Seller's Agent in 2017

    Faye Saenger

    Sharon J. Kelly Realty, Inc.

    Section Image
  • Caitlin McKinney

    Buyer's Agent in 2017

    Caitlin McKinney

    Coldwell Banker Schmitt Real Estate Co.

    (305) 304-7397

    48 Total Sales

    Caitlin McKinney
    Section Image
  • Sam Williams

    Buyer Co-Listing Agent in 2017

    Sam Williams

    Coldwell Banker Schmitt Real Estate Co.

    (305) 289-6532

    13 in this area

    613 Total Sales

    Sam Williams
    Section Image
See All Agents

About Summer Sea Condominiums

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574042

Florida Keys Board of REALTORS®

APN: 00414510-011300

Florida Monroe County Tavernier 33036

88500 Overseas Hwy Unit 501, Tavernier, FL

This home is located at 88500 Overseas Hwy Unit 501, Tavernier, FL 33070 and is currently priced at $555,000. This property was built in 1976. 88500 Overseas Hwy Unit 501 is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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