$449,000

5301 Ocean Terrace Unit 2 Marathon, FL 33050

Estimated payment $3,531/month

1 Bed
1 Bath
656 Sq Ft
$684 Price per Sq Ft

Highlights

  • Dock made with concrete
  • Heated In Ground Pool
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Harbor Views
  • Furnished

About This Home

Welcome to your perfect waterfront retreat! This condo is located at the end of the building and has been beautifully maintained. Comes fully furnished, move-in ready and offers everything you need for comfort and convenience. Step inside to an inviting, open-concept living space that shows very well. Kitchen features quartz countertops, tasteful backsplash and new stainless steel appliances. Enjoy peaceful mornings and relaxing evenings on the screened-in porch overlooking the water, the ideal spot to unwind and take in the view. The condo's prime central location puts you just minutes away from shopping, grocery stores, dining, and your favorite food and beverage spots--everything you need is right at your doorstep. Bonus storage closet outside entrance for your gear. Complex offers heated swimming pool, outdoor common area, on-site laundry and boat dockage. Easy keys living awaits! Call Today! 26ft Novi Lobster Boat & Golf cart included.

Listing Agent

Deni Heintzelman

KeyIsle Realty License #3388188 Listed on: 08/22/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 1971

Lot Details

  • Home fronts a canal

HOA Fees

  • $800 Monthly HOA Fees

Property Views

  • Harbor
  • Canal

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 656 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Storage
  • Tile Flooring

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • First Come-First Served Dock
  • Dock made with concrete
  • Screened Balcony
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00325131-000200

Community Details

Overview

  • Association fees include exterminating, common area mnt, building insurance, bldg exterior mnt
  • Tradewinds West Subdivision
  • The community has rules related to vehicle restrictions
  • Rental Restrictions

Pet Policy

  • Pet Restriction: 1 under 40lbs

Security

  • Complete Accordion Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,423

Year Built

Built in 1971

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 800.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Document Count: 1
  • Fee Includes: Exterminating, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Mile Marker: 50.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: 1 under 40lbs
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 3423.09
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Vehicle Restrictions, Off Street Parking, Guest Parking
  • Year Built: 1971
  • Alternate Key Number: 1399116
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Pool Info: In Ground, Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 656.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Storage, Quartz Countertops
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View, Harbor/Marina View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00325131-000200
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,983 $307,943 -- $307,943
2023 $2,983 $292,864 $0 $292,864
2022 $2,738 $247,750 $0 $247,750
2021 $2,545 $203,388 $0 $203,388
2020 $1,488 $140,061 $0 $140,061
2019 $1,453 $136,913 $0 $136,913
2018 $1,390 $134,361 $0 $0
2017 $1,861 $143,947 $0 $0
2016 $1,906 $143,947 $0 $0
2015 $1,585 $110,208 $0 $0
2014 $1,551 $110,208 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $449,000 -- $684 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 --
Warranty Deed $240,000 All Keys Title
Warranty Deed $190,000 Attorney
Warranty Deed $195,000 All Keys Title Andnotary Ser
Warranty Deed $125,000 All Keys Title
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Chicago Title Of The Fl Keys
Warranty Deed $275,000 --
Personal Reps Deed -- --
Warranty Deed $69,900 --
Warranty Deed $54,500 --
Warranty Deed $49,000 --
Deed $28,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $202,500 New Conventional
Previous Owner $240,000 New Conventional
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $189,500 New Conventional
Previous Owner $264,000 Credit Line Revolving
Source: Public Records

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Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 616223

APN: 00325131-000200