NOT LISTED FOR SALE

5301 Ocean Terrace Unit 9 Marathon, FL 33050

Marathon Area

Estimated Value: $392,692

2 Beds
1 Bath
776 Sq Ft
0.59 Acre Lot

Sale Details

Date Sold: September 26, 2023

Last sale price $370,000 $477 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,171 / mo

63 Days on Market

Highlights

  • Boat Ramp
  • Dock made with concrete
  • Home fronts a canal
  • Beach
  • Concrete Pool
  • Granite Countertops

About This Home

As of September 2023

MOTIVATED SELLER - Recently updated and remodeled Tradewinds West condo with two bedrooms, one bath, ground level over looking a canal. New Stainless Steel appliances. Centrally located in the Heart of the Florida Keys. Enjoy the tropical breezes on your very own screened in patio. You can have up to a 28' boat dockside, just steps away from your back door on a FCFS(First come first serve) basis for $200 per year. The marina/harbor offers a new concrete seawall. Tradewinds' convenient location in Marathon makes it the perfect getaway property to explore and enjoy the Florida Keys. Easy access to the Ocean or Gulf. On-site laundry, beautiful heated pool, locked storage unit, amenities abound. Pet Friendly - Only 1 dog (under 40 lbs) or 1 cat allowed. Call us today for a private showing and begin your Island Life.

Last Agent to Sell the Property

Paulette Thompson PA

Ocean Sotheby's International License #3225300 Listed on: 07/06/2023

Ocean Sotheby's International

Co-Listed By

Jass Tremblay

Ocean Sotheby's International License #3287539

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,031

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 0.59

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • 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 00325131-000900

Community Details

Overview

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

Recreation

  • Boat Ramp
  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,031

Year Built

Built in 1971 | Remodeled

Lot Details

0.59 Acres

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
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: Exterminating, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • 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: Community Boat Ramp, Bike Paths, Beach
  • Off Shore Island: No
  • Pets W Restrictions: Weight Limit/Breed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3030.55
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking
  • Year Built: 1971
  • Alternate Key Number: 1399183
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • 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: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 776.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Smoke Alarms
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: First Come Dock
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • 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: 00325131-000900
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 16.00

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
Jul 6, 2023
Closed on
Sep 26, 2023
Sold by
Bought by
Seller's Agent
Paulette Thompson PA
Ocean Sotheby's International
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Views
216
Current Estimated Value
$392,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,692
Avg. Annual Appreciation
2.09%

Purchase Details

Closed on
Feb 5, 2021
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
$214,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2020
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
$214,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2018
Closed on
Dec 10, 2018
Sold by
Bought by
Seller's Agent
Charly Farritor
Exit Realty Florida Keys MTH
Buyer's Agent
Charly Farritor
Exit Realty Florida Keys MTH
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$235,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 23, 2018
Closed on
Oct 12, 2018
Sold by
Bought by
Seller's Agent
Charly Farritor
Exit Realty Florida Keys MTH
Buyer's Agent
Charly Farritor
Exit Realty Florida Keys MTH
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2018
Sold by
Bought by

Purchase Details

Closed on
May 15, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 2003
Sold by
Bought by

Purchase Details

Closed on
May 22, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1990
Bought by

Purchase Details

Closed on
Feb 1, 1985
Bought by

Purchase Details

Closed on
Jul 1, 1981
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Marathon, FL

  • Belmis Montesino Real Estate Agent - Iconic Miami Realty

    Belmis Montesino

    Iconic Miami Realty

    (305) 748-2073

    51 Total Sales

    3 in Marathon

    $1.5M - $1.6M Price Range

    Belmis Montesino
     Section Image
  • Kenneth Jones Real Estate Agent - EXP REALTY LLC

    Kenneth Jones

    EXP REALTY LLC

    (813) 733-5347

    190 Total Sales

    4 in Marathon

    $2.1M - $2.4M Price Range

    Kenneth Jones
     Section Image
  • Tracy Snow Real Estate Agent - LIVELY REAL ESTATE

    Tracy Snow

    LIVELY REAL ESTATE

    (530) 771-6313

    118 Total Sales

    1 in Marathon

    $670,000 Price

    Tracy Snow
     Section Image
  • Terry Canto Real Estate Agent - American Caribbean Real Estate, Christie's International Real Estate

    Terry Canto

    American Caribbean Real Estate, Christie's International Real Estate

    (877) 589-4542

    172 Total Sales

    1 in Marathon

    $763,000 Price

    Terry Canto
     Section Image
  • Lesli Burkhead Real Estate Agent - The Keyes Company

    Lesli Burkhead

    The Keyes Company

    (786) 980-9950

    229 Total Sales

    1 in Marathon

    $4,500,000 Price

    Lesli Burkhead
     Section Image
  • Angel DiGiorgio Real Estate Agent - American Caribbean Real Estate, Christie's International Real Estate

    Angel DiGiorgio

    American Caribbean Real Estate, Christie's International Real Estate

    (888) 625-3203

    22 Total Sales

    2 in Marathon

    $1,425,000 Price Range

    Angel DiGiorgio
     Section Image
See All Agents

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
$370,000 Mg Title Services
$103,000 Accommodation
$103,000 Attorney
$295,000 Attorney
$295,000 None Listed On Document
$200,000 All Keys Title
-- Attorney
$211,000 --
$143,800 --
$68,800 --
$68,000 --
$66,000 --
$64,500 --
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 $214,500
Previous Owner $235,000
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
09/26/2023 09/26/23 Sold $370,000 -2.4% $477 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/25/2023 08/25/23 Price Changed $379,000 -4.3% $488 / Sq Ft
07/26/2023 07/26/23 Price Changed $396,000 -6.8% $510 / Sq Ft
07/06/2023 07/06/23 For Sale $425,000 +44.1% $548 / Sq Ft
10/23/2018 10/23/18 Sold $295,000 0.0% $380 / Sq Ft View Prior Sale
10/23/2018 10/23/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $295,000 -- $380 / 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 $3,759 $345,448 $345,448
2024 $3,316 $345,448 $345,448
2023 $3,316 $344,907 $0 $344,907
2022 $3,031 $289,908 $0 $289,908
2021 $2,779 $227,096 $0 $227,096
2020 $2,825 $235,930 $0 $235,930
2019 $2,849 $238,676 $0 $238,676
2018 $2,062 $171,589 $0 $0
2017 $1,884 $146,364 $0 $0
2016 $1,906 $146,364 $0 $0
2015 $1,781 $130,368 $0 $0
2014 $1,742 $130,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Paulette Thompson PA

    Ocean Sotheby's International

    (305) 923-4106

    22 Total Sales

    Paulette Thompson PA
    Section Image
  • Jass Tremblay Real Estate Agent - Ocean Sotheby's International

    Seller Co-Listing Agent in 2023

    Jass Tremblay

    Ocean Sotheby's International

    (305) 304-7508

    25 Total Sales

    Jass Tremblay
    Section Image

  • o

    Buyer's Agent in 2023

    outside mls - FKBR

    Outside Of MLS - FKBR

  • C

    Seller's Agent in 2018

    Charly Farritor

    Exit Realty Florida Keys MTH

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 605881

APN: 00325131-000900

Florida Monroe County Marathon 33050

5301 Ocean Terrace Unit 9, Marathon, FL

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.

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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