5301 Ocean Terrace, Unit 7

Marathon, FL 33050

$297,000
Last Sold Price
2
Beds
1
Bath
776 Sq. Ft.
$383 / Sq. Ft.
776
Sq. Ft.
$383
per Sq. Ft.

Description

Tropically decorated and recently updated Tradewinds West condo complete with two-bedrooms, one-bathroom and centrally located in the Heart of the Florida Keys. No stairs here, this ground-level unit features a completely updated kitchen and bathroom, open concept living/dining/kitchen and a new mini-split AC unit. Calling all anglers, for a mere price of $200 per year, store your vessel (up to 38 ft) on a first come first serve basis and gain easy access to Ocean/Gulf. Private screened in porch,...Tropically decorated and recently updated Tradewinds West condo complete with two-bedrooms, one-bathroom and centrally located in the Heart of the Florida Keys. No stairs here, this ground-level unit features a completely updated kitchen and bathroom, open concept living/dining/kitchen and a new mini-split AC unit. Calling all anglers, for a mere price of $200 per year, store your vessel (up to 38 ft) on a first come first serve basis and gain easy access to Ocean/Gulf. Private screened in porch, laundry on-site, a personal storage unit, and the heated pool offer an island life full of amenities. Complex was recently updated with new roof, concrete work, preventative termite treatment and new seawall too!
  1. Listed by Ally Kelley • Ocean Sotheby's International Realty
  2. Listed by Jenna Chapa • Ocean Sotheby's International Realty

Property Details for 5301 Ocean Terrace, Unit 7

Waterfront
Canal Front
Waterfront
Yes
Zoning
RM - Residential Medium
Subdivision
Tradewinds West (50.0)
Directions
Take US 1 south. Turn onto 49th Street Ocean. At the stop sign, take a left onto Ocean Terrace. Tradewinds will be on your right towards the end of the street.
Vehicle Storage
Assigned Parking, Guest Parking
LISTING UPDATED: 10/20/2021 11:12 AM

Property Details for 5301 Ocean Terrace, Unit 7

StatusClosed
MLS #595277
Days on Market19
Taxes$2,118 / year
HOA Fees$533 / 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 7

Building/Complex5301 Ocean TerFloor-Stories2Residences16Pet Policy-Year Built1971

Property Information for 5301 Ocean Terrace, Unit 7

Summary
Location and General Information
  • Waterview: Canal View, Harbor/Marina View
  • Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
  • Absolute Longitude: 81.077824
  • Control Depth: 6
  • 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, Bike Paths
  • Key/Island: Marathon
Owner
  • Owner Name: Bloxom
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: Condo Doc's: Yes
  • Association Info: 1st Right of Refusal: Yes
  • Association Info: Assoc Approval Req: Yes
  • Fee Includes: Bldg Exterior Mnt, Building Insurance, Common Area Mnt
  • Furnished: Unfurnished
  • Tax Year: 2020
  • Tax Exemptions: Homestead
Property
Lot Information
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: APARTMENT NO 7 TRADE WINDS WEST CONDOMINIUM INC
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Unknown
  • Picture Count: 21
  • Document Count: 1
  • Building Style: Above Flood: No
  • Property Condition: Updated/Remodeled
  • Security: Patrolled Area
Utilities
  • Utilities: Buyer to Verify, Cable Available, FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: In Ground
  • Porch/Balcony: Screened Patio
Interior and Exterior Features
Interior Features
  • Floor: Tile Floor
  • Floor Number: 1.0
  • Interior Features: Granite Counter Top, Smoke Alarms
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Cooling/Heating: Ceiling Fans, Window/Wall Unit
Exterior Features
  • Roof: Tar/Gravel Roof
  • Shutters: Accordion
  • Dockage: Dock Length: 38
  • Dockage: Dock: Concrete
  • Dockage: Seawall: Concrete
  • Construction: CBS
  • Dockage: First Come Dock
  • Exterior Features: Storage
  • Windows/Doors: Other Windows/Doors, Sliding Glass Doors

Property History for 5301 Ocean Terrace, Unit 7

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 7

Taxable ValueLand-Additions$328,662Total-
Tax Record2023$3,877 ($323 / month)
Home Facts
Beds1Baths1Total Finished SqFt776 SqFtAbove Grade Finished SqFt776 SqFtLot Size25,778 SqFtStyleCondominiumYear Built1971CountyMONROEAPN00325131-000700

Schools near 5301 Ocean Terrace, Unit 7

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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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.