5301 Ocean Ter, Unit 2

656 Sq. Ft.
$587 / Sq. Ft.
656
Sq. Ft.
$587
per Sq. Ft.

Description

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...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!
  1. Listed by Deni Heintzelman • KeyIsle Realty

Property Details for 5301 Ocean Terrace, Unit 2

Waterfront
Canal Front
Waterfront
Yes
Zoning
RM - Residential Medium
Subdivision
Tradewinds West (50.0)
Directions
Turn onto 49th St Ocean off US1, take a left at the stop sign onto Ocean Terrace. Tradewinds West will be on your right-hand side.
Vehicle Storage
Assigned Parking, Off Street Parking, Guest Parking
LISTING UPDATED: 02/05/2026 02:03 PM

Property Details for 5301 Ocean Terrace, Unit 2

StatusActive
MLS #618123
Days on Market24
Taxes$2,945 / year
HOA Fees$850 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condo
Year Built1971
CountyMonroe County

Location

Listing Courtesy of KeyIsle Realty
Add your commute

Building Information for 5301 Ocean Terrace, Unit 2

Building/Complex5301 Ocean TerFloor-Stories2Residences16Pet Policy-Pet Policy Details-Year Built1971

Payment Calculator

$2,972 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,876

Property Taxes

$245

HOA Dues

$850

The Payment Calculator is for illustrative purposes only.

Property Information for 5301 Ocean Terrace, Unit 2

Summary
Location and General Information
  • Waterview: Canal View
  • Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
  • Control Depth: 5
  • Listing Board: Marathon/Lower Keys
  • Side: Ocean
  • Unit/Complex: Unit
  • Mile Marker: 50.0
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Key/Island: Marathon
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: Yes
  • Association Info: Condo Doc's: Yes
  • Association Info: 1st Right of Refusal: Yes
  • Fee Includes: Exterminating, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Furnished: Furnished
  • Tax Year: 2025
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: X
  • Parcel #: 00325131-000200
  • Land Size: 1/4 - 1/2 Acre
Property and Assessments
  • Legal: APT 2 TRADE WINDS WEST CONDOMINIUM INC MARATHON KEY VACCA PB3-185 OR592-875 OR741-785 OR910-281 OR1070-714/15 OR1493-938
  • MLS Approved: Y
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: No
  • Picture Count: 47
  • Document Count: 1
  • Building Style: Above Flood: Yes
  • Title: Negotiable
Utilities
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: Yes
  • Pool Info: Heated: Yes
  • Pool Info: In Ground, Salt Water
  • Porch/Balcony: Screened P/B
Interior and Exterior Features
Interior Features
  • Floor: Tile
  • Floor Number: 2.0
  • Interior Features: Storage, Quartz Countertops
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Microwave, Range
Exterior Features
  • Roof: Tar/Gravel Roof
  • Shutters: Accordion
  • Dockage: Dock: Concrete
  • Construction: CBS
  • Dockage: First Come Dock
  • Exterior Features: Storage
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Doors

Property History for 5301 Ocean Terrace, Unit 2

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Price Change

FKMLS #618123

$395,000
Jan 15, 2026

Price Change

FKMLS #618123

$390,000
Jan 15, 2026

Temp Off Market

FKMLS #616223

$395,000
Jan 15, 2026

Listed (Active)

FKMLS #618123

$385,000
Aug 22, 2025

Price Change

FKMLS #616223

$449,000
Aug 22, 2025

Price Change

FKMLS #616223

$429,000
Aug 22, 2025

Price Change

FKMLS #616223

$419,000
Aug 22, 2025

Price Change

FKMLS #616223

$399,000
Aug 22, 2025

Listed (Active)

FKMLS #616223

$395,000
Apr 18, 2023

Expired

MiamiRE #A11311413

Feb 10, 2023

Cancelled

MiamiRE #A11311413

Feb 7, 2023

Sold

FKMLS #602807

$375,000
Feb 6, 2023

Sold (Public Record)

Public Record #1506318906

$375,000

+19.6% / yr

Dec 20, 2022

Pending

MiamiRE #A11311413

Dec 10, 2022

Pending

FKMLS #602807

Dec 10, 2022

Backup Contract

FKMLS #602807

Dec 10, 2022

Backup Contract

MiamiRE #A11311413

Oct 18, 2022

Price Change

FKMLS #602807

$395,000
Oct 18, 2022

Listed (Active)

MiamiRE #A11311413

$390,000
Oct 18, 2022

Listed (Active)

FKMLS #602807

$390,000
Aug 10, 2020

Sold (Public Record)

Public Record #677373432

$240,000

+7.1% / yr

Aug 10, 2020

Sold

FKMLS #591028

$240,000
Jun 16, 2020

Pending

FKMLS #591028

May 29, 2020

Temp Off Market

FKMLS #587887

May 29, 2020

Listed (Active)

FKMLS #591028

$249,000
Oct 25, 2019

Listed (Active)

FKMLS #587887

$249,000
Mar 20, 2017

Sold (Public Record)

Public Record #597377007

$190,000

-3.3% / yr

Mar 20, 2017

Sold

FKMLS #574263

$190,000
Mar 10, 2017

Pending

FKMLS #574263

Feb 14, 2017

Listed (Active)

FKMLS #574263

$199,900
Jun 6, 2016

Sold (Public Record)

Public Record #573114077

$195,000

+60.6% / yr

Jun 6, 2016

Sold

FKMLS #570615

$195,000
May 9, 2016

Pending

FKMLS #570615

Apr 19, 2016

Listed (Active)

FKMLS #570615

$219,000
Jun 29, 2015

Sold (Public Record)

Public Record #553130799

$125,000

-7.3% / yr

Jan 19, 2005

Sold (Public Record)

Public Record #151302754

$275,000
DateEvent & SourcePrice
01/15/2026

Price Change

FKMLS #618123

$395,000
01/15/2026

Price Change

FKMLS #618123

$390,000
01/15/2026

Temp Off Market

FKMLS #616223

$395,000
01/15/2026

Listed (Active)

FKMLS #618123

$385,000
08/22/2025

Price Change

FKMLS #616223

$449,000
08/22/2025

Price Change

FKMLS #616223

$429,000
08/22/2025

Price Change

FKMLS #616223

$419,000
08/22/2025

Price Change

FKMLS #616223

$399,000
08/22/2025

Listed (Active)

FKMLS #616223

$395,000
04/18/2023

Expired

MiamiRE #A11311413

02/10/2023

Cancelled

MiamiRE #A11311413

02/07/2023

Sold

FKMLS #602807

$375,000
02/06/2023

Sold (Public Record)

Public Record #1506318906

$375,000

+19.6% / yr

12/20/2022

Pending

MiamiRE #A11311413

12/10/2022

Pending

FKMLS #602807

12/10/2022

Backup Contract

FKMLS #602807

12/10/2022

Backup Contract

MiamiRE #A11311413

10/18/2022

Price Change

FKMLS #602807

$395,000
10/18/2022

Listed (Active)

MiamiRE #A11311413

$390,000
10/18/2022

Listed (Active)

FKMLS #602807

$390,000
08/10/2020

Sold (Public Record)

Public Record #677373432

$240,000

+7.1% / yr

08/10/2020

Sold

FKMLS #591028

$240,000
06/16/2020

Pending

FKMLS #591028

05/29/2020

Temp Off Market

FKMLS #587887

05/29/2020

Listed (Active)

FKMLS #591028

$249,000
10/25/2019

Listed (Active)

FKMLS #587887

$249,000
03/20/2017

Sold (Public Record)

Public Record #597377007

$190,000

-3.3% / yr

03/20/2017

Sold

FKMLS #574263

$190,000
03/10/2017

Pending

FKMLS #574263

02/14/2017

Listed (Active)

FKMLS #574263

$199,900
06/06/2016

Sold (Public Record)

Public Record #573114077

$195,000

+60.6% / yr

06/06/2016

Sold

FKMLS #570615

$195,000
05/09/2016

Pending

FKMLS #570615

04/19/2016

Listed (Active)

FKMLS #570615

$219,000
06/29/2015

Sold (Public Record)

Public Record #553130799

$125,000

-7.3% / yr

01/19/2005

Sold (Public Record)

Public Record #151302754

$275,000

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

Public Records for 5301 Ocean Terrace, Unit 2

Taxable ValueLand-Additions$307,943Total-
Tax Record2024$3,423 ($285 / month)
Home Facts
Beds1Baths1Total Finished SqFt656 SqFtAbove Grade Finished SqFt656 SqFtLot Size25,778 SqFtStyleCondominiumYear Built1971CountyMONROEAPN00325131-000200

Schools near 5301 Ocean Terrace, Unit 2

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Charter - PK to 5
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Coral Shores High School
Public9 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.

Similar Homes

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5301 Ocean Terrace, Unit 2 is a condo for sale in Marathon, FL 33050. This property was listed for sale on January 15, 2026 by KeyIsle Realty, it's currently listed at $385,000. It has been on the market for a total of 24 days and was last sold on February 7, 2023. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Coral Shores High School. 5301 Ocean Terrace, Unit 2 is a 1-bed, 1-bath, 656 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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 KeyIsle 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.