NOT LISTED FOR SALE

5301 Ocean Terrace Unit 10 Marathon, FL 33050

Estimated Value: $394,000 - $412,000

2 Beds
1 Bath
776 Sq Ft
0.59 Acre Lot

Sale Details

Date Sold: March 30, 2021

Last sale price $289,000 $372 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,007 / mo

13 Days on Market

Highlights

  • Community Boat Dock
  • Concrete Pool
  • Granite Countertops
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Complete Accordion Shutters

About This Home

As of March 2021

World class fishing is just a boat ride away from this Tradewinds West second floor condo unit with first come first serve deep-water dockage for a 38 ft vessel with the option to secure the same spot annually. Centrally located in the Heart of the Florida Keys, find this spacious two-bedroom, one-bathroom canal front condo completely updated with new windows, water heater, mini-split AC, wall unit AC, stainless steel appliances, and groutless tile throughout. Store your anglers gear in the spacious personal storage closet right across the hall. New private screened in porch, laundry on-site, and the heated pool offer an island life full of amenities. Complex was recently updated with new roof, concrete work, preventative termite treatment and new seawall too!

Last Agent to Sell the Property

Ally Kelley

Ocean Sotheby's International License #SL3352184 Listed on: 01/26/2021

Ocean Sotheby's International

Co-Listed By

Jenna Chapa

Ocean Sotheby's International License #SL3482418

Last Buyer's Agent

Lynn Goodwin, P.a.

Key Colony Beach Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • Home fronts a canal

HOA Fees

  • $533 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Metal Roof

Interior Spaces

  • 776 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Storage
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • First Come-First Served Dock
  • Seawall
  • Assigned Dock
  • Dock Facilities
  • Screened Patio
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00325131-001000

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Tradewinds West Subdivision
  • Rental Restrictions

Recreation

  • Community Boat Dock
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,406

Year Built

Built in 1971 | Remodeled

Lot Details

0.59 Acres

HOA Fees

$533 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 533.00
  • Mandatory HOA: Yes
  • Dockage Seawall: Concrete
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Mile Marker: 50.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage, Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: 1 up to 40 lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2405.70
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Guest Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1971
  • Alternate Key Number: 1399191
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Ductless
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 776.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pantry, Storage, Granite Counter Top
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator, Oven, Microwave
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Assigned Dock, Dock Privileges, First Come Dock
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00325131-001000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 26, 2021
Sold by
Bought by
Seller's Agent
Ally Kelley
Ocean Sotheby's International
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$289,000
Sold Price
$289,000
Current Estimated Value
$402,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,649
Avg. Annual Appreciation
6.53%
Original Mortgage
$202,300
Outstanding Balance
$180,838
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$221,811

Purchase Details

Listed on
Aug 27, 2018
Closed on
Nov 7, 2018
Sold by
Bought by
Seller's Agent
Ally Kelley
Ocean Sotheby's International
Buyer's Agent
Rhonda Williams
2150
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Jun 5, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,643
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2001
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 1994
Sold by
Bought by

Purchase Details

Closed on
May 1, 1983
Bought by

Purchase Details

Closed on
Feb 1, 1977
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$289,000 Attorney
$230,000 None Listed On Document
-- None Available
-- Attorney
$120,000 --
$110,000 --
-- --
$60,000 --
$27,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $202,300
Previous Owner $100,000
Previous Owner $50,000
Previous Owner $61,643
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2021 03/30/21 Sold $289,000 0.0% $372 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $289,000 +25.7% $372 / Sq Ft
10/10/2018 10/10/18 Sold $230,000 -3.8% $296 / Sq Ft View Prior Sale
09/12/2018 09/12/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $239,000 -- $308 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,738 $351,081 -- $351,081
2024 $3,497 $351,081 -- $351,081
2023 $3,497 $333,913 $0 $333,913
2022 $3,199 $280,442 $0 $280,442
2021 $2,339 $224,283 $0 $224,283
2020 $2,406 $192,915 $0 $192,915
2019 $2,413 $193,924 $0 $193,924
2018 $2,087 $169,014 $0 $0
2017 $1,933 $151,514 $0 $0
2016 $1,924 $151,514 $0 $0
2015 $1,781 $130,368 $0 $0
2014 $1,742 $130,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594354

Florida Keys Board of REALTORS®

APN: 00325131-001000

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