5301 Ocean Terrace, Unit 5

Marathon, FL 33050

$425,000
Price
2
Beds
1
Bath
776 Sq. Ft.
$548 / Sq. Ft.
776
Sq. Ft.
$548
per Sq. Ft.

Description

Freshly 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...Freshly 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!
  1. Listed by Ally Kelley • Ocean Sotheby's International Realty

Property Details for 5301 Ocean Terrace, Unit 5

Waterfront
Canal Front
Waterfront
Yes
Zoning
R-MH - Residential - MH
Subdivision
Tradewinds West (50.0)
Directions
From US-1, turn onto 49th Street. Left onto Ocean Terrace. Complex is almost at the end of the street on the right.
Building Style
Ground Level
Vehicle Storage
Assigned Parking, Off Street Parking, Guest Parking
LISTING UPDATED: 11/19/2024 01:52 PM

Property Details for 5301 Ocean Terrace, Unit 5

StatusActive
MLS #612330
Days on Market33
Taxes$3,740 / year
HOA Fees$800 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1971
CountyMonroe County

Building

5301 Ocean Ter

16 Units2 StoriesBuilt in 1971

Building Information for 5301 Ocean Terrace, Unit 5

Building/Complex5301 Ocean TerFloor-Stories2Residences16Pet Policy-Year Built1971

Property Information for 5301 Ocean Terrace, Unit 5

Summary
Location and General Information
  • Waterview: Canal View, Harbor/Marina View
  • Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
  • Control Depth: 5
  • Off Shore Island: No
  • Listing Board: Marathon/Lower Keys
  • Side: Ocean
  • Unit/Complex: Unit
  • Mile Marker: 50.0
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Neighborhood Feature: Beach
  • Key/Island: Marathon
Owner
  • Owner Name: Charles Murphy
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: Condo Doc's: Yes
  • Association Info: 1st Right of Refusal: No
  • Association Info: Assoc Approval Req: Yes
  • Fee Includes: Exterminating, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Furnished: Furnished
  • Tax Year: 2024
  • Tax Exemptions: None
Property
Lot Information
  • Parcel #: 00325131-000500
  • Land Size: 1/2 - Less Than 1 AC
Property and Assessments
  • Legal: APARTMENT NO 5 TRADE WINDS WEST CONDOMINIUM INC MARATHON KEY VACCA PB3-185
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 43
  • Document Count: 2
  • Building Style: Above Flood: No
  • Property Condition: Updated/Remodeled
Utilities
  • Utilities: FKAA, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: In Ground, Concrete
  • Porch/Balcony: Screened P/B
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Floor Number: 1.0
  • Interior Features: Storage, Quartz Countertops
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, Dryer
Exterior Features
  • Roof: Tar/Gravel Roof
  • Shutters: Accordion
  • Dockage: Seawall: Concrete
  • Construction: CBS
  • Dockage: First Come Dock
  • Exterior Features: Storage

Property History for 5301 Ocean Terrace, Unit 5

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5301 Ocean Terrace, Unit 5

Taxable ValueLand-Additions$327,501Total-
Tax Record2023$3,669 ($306 / month)
Home Facts
Beds1Baths1Total Finished SqFt776 SqFtAbove Grade Finished SqFt776 SqFtLot Size25,778 SqFtStyleCondominiumYear Built1971CountyMONROEAPN00325131-000500

Schools near 5301 Ocean Terrace, Unit 5

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - PK to 5
Charter - PK to 8
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Big Pine Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5301 Ocean Terrace, Unit 5 is a condo for sale in Marathon, FL 33050. This property was listed for sale on November 19, 2024 by Ocean Sotheby's International Realty, it's currently listed at $425,000. It has been on the market for a total of 33 days and was last sold on December 11, 2020. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Big Pine Academy. 5301 Ocean Terrace, Unit 5 is a 2-bed, 1-bath, 776 sqft condo built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Ocean Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.