NOT LISTED FOR SALE

5301 Ocean Terrace Unit 12 Marathon, FL 33050

Estimated Value: $373,000 - $434,000

2 Beds
1 Bath
776 Sq Ft
$700/mo HOA Fee

Last Sold April 18, 2023

Last sale price $395,000 $509 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,106/month

32 Days on Market

Highlights

  • Beach
  • Heated In Ground Pool
  • Complete Accordion Shutters
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Laundry Room

About This Home

As of April 2023

Great condo in the heart of the Florida Keys. Two bedroom, one bath with tile and carpet flooring. You have the option to add a porch over looking the canal if you go through the proper steps. There is a large storage unit assigned to each unit. You can enjoy the outdoor seating and BBQ area as well as the heated swimming pool. There is also an on-site, coin operated, laundry facilityTradewinds condo complex has First Come, first serve deep water dockage for a vessel up to 38ft. Annual fee is only $200!

Last Agent to Sell the Property

Katie Carrillo

LPT Realty, LLC License #SL3429647 Listed on: 01/30/2023

LPT Realty, LLC

Last Buyer's Agent

Katie Carrillo

Island Breeze Realty, LLC License #SL3429647

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 1971

Lot Details

  • Home fronts a canal

HOA Fees

  • $700 Monthly HOA Fees

Interior Spaces

  • 776 Sq Ft Home
  • Storage
  • Laundry Room
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Open Parking
  • Assigned Parking

Outdoor Features

  • First Come-First Served Dock
  • Seawall

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00325131-001200

Community Details

Overview

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

Recreation

  • Beach
  • Bike Trail
  • Heated In Ground Pool

Pet Policy

  • Pet Restriction: 1 under 40lbs

Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,106

Year Built

Built in 1971

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 700.00
  • Mandatory HOA: Yes
  • Control Depth: 6
  • Dockage Dock Length: 38
  • 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: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Pets W Restrictions: 1 under 40lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3106.13
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Open Parking
  • Year Built: 1971
  • Alternate Key Number: 1399213
  • Cooling Heating: Wall/Window Unit(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: No Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 776.00
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Smoke Alarms
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Floor: Tile, Carpet
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00325131-001200
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Apr 13, 2023
Sold by
Sullivan Kerry M and Sullivan Hana
Bought by
Fernandez Antonio Andres
Seller's Agent
Katie Carrillo
LPT Realty, LLC
Buyer's Agent
Katie Carrillo
LPT Realty, LLC
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%
Views
111
Current Estimated Value
$400,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,526
Avg. Annual Appreciation
0.56%
Original Mortgage
$276,500
Outstanding Balance
$268,885
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$131,641

Purchase Details

Closed on
Jul 7, 2000
Sold by
Dolly I Cook Tr and Dolly I Cook Revocable Trust
Bought by
Sullivan Kerry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
8.63%

Purchase Details

Closed on
May 1, 1983
Bought by
Sullivan Kerry M

Purchase Details

Closed on
Feb 1, 1976
Bought by
Sullivan Kerry M
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Fernandez Antonio Andres $395,000 None Listed On Document
Sullivan Kerry M $102,000 --
Sullivan Kerry M $60,000 --
Sullivan Kerry M $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Antonio Andres $276,500
Previous Owner Sullivan Kerry M $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2023 04/18/23 Sold $395,000 -4.8% $509 / Sq Ft
01/30/2023 01/30/23 For Sale $415,000 -- $535 / Sq Ft
Source: Marathon and Lower Keys Association 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 $3,393 $325,613 -- $325,613
2023 $3,393 $309,601 $0 $309,601
2022 $3,106 $248,499 $0 $248,499
2021 $2,889 $195,653 $0 $195,653
2020 $2,857 $203,237 $0 $203,237
2019 $2,746 $204,320 $0 $204,320
2018 $2,437 $161,944 $0 $0
2017 $2,287 $144,444 $0 $0
2016 $2,320 $144,444 $0 $0
2015 $2,202 $130,368 $0 $0
2014 $2,162 $130,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie Carrillo

    Seller's Agent in 2023

    Katie Carrillo

    LPT Realty, LLC

    (305) 879-2543

    19 in this area

    28 Total Sales

    Katie Carrillo
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 604013

APN: 00325131-001200

Florida Monroe County Marathon 33050

5301 Ocean Terrace Unit 12, Marathon, FL

This home is located at 5301 Ocean Terrace Unit 12, Marathon, FL 33050 since 30 January 2023 and is currently estimated at $400,526, approximately $516 per square foot. This property was built in 1971. 5301 Ocean Terrace Unit 12 is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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