Shane Wilson
Responds Quickly
Cypress Realty, Inc.
(239) 341-5344
128 Total Sales
1 in Marathon
$1,100,000 Price
5301 Ocean Terrace Unit 5 Marathon, FL 33050
Marathon AreaEstimated Value: $408,991
2
Beds
1
Bath
776
Sq Ft
0.59
Acre Lot
Highlights
- Beach
- Harbor Views
- Furnished
- Concrete Pool
- Home fronts a canal
- Quartz Countertops
About This Home
As of February 2025Freshly renovated and fully furnished waterfront two bedroom, one bathroom condo located at Tradewinds West in Marathon! First floor location provides easy access with no stairs to climb. New PVC plumbing and sewer lines in unit and throughout entire first floor of the building. Association received the Recertification Letter from the City of Marathon a few years ago, completing all concrete spalling, updated electrical and roof. Step inside Unit 5 and fall in love with the brand new updates: coastal inspired light and bright finishes throughout, porcelain tile floors, quartz countertops in kitchen with new white shaker cabinets, turquoise backsplash, new stainless steel appliances, and a rare in-unit washer & dryer. Convenient bathroom features gorgeous step-in tiled shower, glass enclosure coming soon, new tile flooring, commode and vanity. Both bedrooms are nicely sized with a king size bed in the waterside bedroom, and a queen sized bed in the street side bedroom. Two ductless mini split AC's in unit for additional cooling and a tankless hot water heater for efficiency. Conveys fully furnished, so just bring your toothbrush and bathing suit! Escape to the waterfront screened porch to lounge with a cup of coffee or an evening cocktail. First come first serve dockage available for up to a 28 foot vessel ($250 per year for any space, or $300 for a specific dock space). Sunbathe in the nearby heated salt water pool. Recently upgraded laundry room if needed, plus personal storage unit, kayak / bike storage, and outdoor grills offer an island life full of amenities. With the central location close to grocery stores, restaurants and just a few miles to locally adored Sombrero Beach, what more could you desire? Island life is calling!
Last Agent to Sell the Property
Ocean Sotheby's International License #SL3352184 Listed on: 11/19/2024
Last Buyer's Agent
Ocean Sotheby's International License #SL3352184 Listed on: 11/19/2024
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,740
Year Built
- Built in 1971 | Remodeled
Lot Details
- 0.59
HOA Fees
- $800 Monthly HOA Fees
Property Views
- Harbor
- Canal
Home Design
- Entry on the 1st floor
- Tar and Gravel Roof
Interior Spaces
- 776 Sq Ft Home
- Furnished
- Storage
- Tile Flooring
Kitchen
- Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Quartz Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Parking
- Guest Parking
- Off-Street Parking
- Assigned Parking
Pool
- Concrete Pool
- Heated In Ground Pool
Outdoor Features
- First Come-First Served Dock
- Seawall
- Screened Balcony
- Outdoor Storage
Utilities
- Ductless Heating Or Cooling System
- Separate Meters
- Public Hookup Available For Sewer
- Cable TV Available
Additional Features
- Home fronts a canal
- Ground Level
Listing and Financial Details
- Minimum Rental Period: 30
- Assessor Parcel Number 00325131-000500
Community Details
Overview
- Association fees include exterminating, common area mnt, building insurance, bldg exterior mnt
- 16 Units
- Tradewinds West Subdivision
- Rental Restrictions
Recreation
- Beach
Pet Policy
- Pets Allowed with Restrictions
Security
- Complete Accordion Shutters
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
Nov 19, 2024
Closed on
Feb 10, 2025
Sold by
Bought by
Seller's Agent
Ally Kelley
Ocean Sotheby's International
Buyer's Agent
Ally Kelley
Ocean Sotheby's International
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,009
Avg. Annual Appreciation
-0.97%
Purchase Details
Listed on
Mar 10, 2020
Closed on
Dec 9, 2020
Sold by
Bought by
Seller's Agent
Ally Kelley
Ocean Sotheby's International
Buyer's Agent
Ally Kelley
Ocean Sotheby's International
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Purchase Details
Listed on
Feb 2, 2013
Closed on
Dec 6, 2013
Sold by
Bought by
Seller's Agent
Lea Ruesch
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Thomas Willi
Fathom Realty NC
List Price
$175,000
Sold Price
$161,000
Premium/Discount to List
-$14,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$96,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 10, 2007
Sold by
Bought by
Purchase Details
Closed on
Sep 21, 2007
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
$100,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 10, 1999
Bought by
Purchase Details
Closed on
Dec 9, 1993
Sold by
Bought by
Purchase Details
Closed on
Feb 1, 1977
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Marathon, FL
-
Shane Wilson
-
Lindsay Ryan
Lindsay Ryan
EXP Realty LLC
(786) 751-4493
64 Total Sales
4 in Marathon
$475K - $575K Price Range
-
Donna Halstead
Donna Halstead
Coldwell Banker Schmitt RE Co.
(786) 933-6637
48 Total Sales
23 in Marathon
$227K - $880K Price Range
-
Joe Vigo, P.A.
Joe Vigo, P.A.
RE/MAX All Keys Real Estate
(786) 882-4898
68 Total Sales
4 in Marathon
$1M - $2.5M Price Range
-
Lorie LaLonde
Lorie LaLonde
American Caribbean Real Estate, Christie's International Real Estate
(855) 943-4680
41 Total Sales
2 in Marathon
$902,500 Price Range
-
Natalie Ardis
Natalie Ardis
Coldwell Banker Schmitt Real Estate Co.
(844) 955-0059
26 Total Sales
12 in Marathon
$140K - $2.7M Price Range
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 |
|---|---|---|---|
| $415,000 | None Listed On Document | ||
| $275,000 | Attorney | ||
| $161,000 | Attorney | ||
| -- | Attorney | ||
| $300,000 | Florida Keys Title Company | ||
| $96,000 | -- | ||
| -- | -- | ||
| $29,500 | -- |
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 |
|---|---|---|---|
| Previous Owner | $96,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $300,000 |
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 |
|---|---|---|---|---|---|
| 02/13/2025 02/13/25 | Sold | $415,000 | -2.4% | $535 / Sq Ft | |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- | |
| 11/19/2024 11/19/24 | For Sale | $425,000 | +54.5% | $548 / Sq Ft | |
| 12/11/2020 12/11/20 | Sold | $275,000 | -4.8% | $354 / Sq Ft | View Prior Sale |
| 11/14/2020 11/14/20 | Pending | -- | -- | -- | |
| 09/16/2020 09/16/20 | Price Changed | $289,000 | -2.0% | $372 / Sq Ft | |
| 03/10/2020 03/10/20 | For Sale | $295,000 | +83.2% | $380 / Sq Ft | |
| 12/09/2013 12/09/13 | Sold | $161,000 | -8.0% | $207 / Sq Ft | View Prior Sale |
| 09/19/2013 09/19/13 | Pending | -- | -- | -- | |
| 02/02/2013 02/02/13 | For Sale | $175,000 | -- | $226 / Sq Ft |
Source: Marathon and Lower Keys Association 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 | $3,895 | $344,233 | $344,233 | |
| 2024 | $3,669 | $344,233 | $344,233 | |
| 2023 | $3,669 | $327,501 | $0 | $327,501 |
| 2022 | $3,394 | $275,776 | $0 | $275,776 |
| 2021 | $3,178 | $224,913 | $0 | $224,913 |
| 2020 | $2,964 | $233,704 | $0 | $233,704 |
| 2019 | $2,789 | $215,982 | $0 | $215,982 |
| 2018 | $2,469 | $170,143 | $0 | $0 |
| 2017 | $2,292 | $145,012 | $0 | $0 |
| 2016 | $2,327 | $145,012 | $0 | $0 |
| 2015 | $2,207 | $130,368 | $0 | $0 |
| 2014 | $2,242 | $130,368 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ally Kelley
Seller's Agent in 2025
Ally Kelley
Ocean Sotheby's International
(305) 735-4095
112 Total Sales
-
Lea Ruesch
Seller's Agent in 2013
Lea Ruesch
Coldwell Banker Schmitt Real Estate Co.
(305) 393-1843
8 Total Sales
-
T
Buyer's Agent in 2013
Thomas Willi
Fathom Realty NC
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 612330
APN: 00325131-000500
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