5301 Ocean Terrace, Unit 14

Marathon, FL 33050

$390,000
Price
2
Beds
1
Bath
776 Sq. Ft.
$503 / Sq. Ft.
776
Sq. Ft.
$503
per Sq. Ft.

Description

Live where the manatees play! Great view right outside of your window, at this upstairs unit at Tradewinds West, in the heart of Marathon. The unit has two bedrooms, one bath, a spacious living area, and a fully equipped kitchen. Enjoy the heated pool and frequent cocktail hours with your friendly neighbors. Fish from the seawall and cook your catch on the grills located at the dock. There is storage for your kayak, which you can launch directly from the property--minutes to the gulf or ocean. Dock...Live where the manatees play! Great view right outside of your window, at this upstairs unit at Tradewinds West, in the heart of Marathon. The unit has two bedrooms, one bath, a spacious living area, and a fully equipped kitchen. Enjoy the heated pool and frequent cocktail hours with your friendly neighbors. Fish from the seawall and cook your catch on the grills located at the dock. There is storage for your kayak, which you can launch directly from the property--minutes to the gulf or ocean. Dock your boat outside your unit (28-foot maximum). Dockage is on a first-come, first-serve basis and is assigned for only $200 per year. Use your large, dedicated storage unit for all those fishing rods and pool toys. This is a very well-managed complex with friendly neighbors and only 16 units. Easy walk to restaurants and shopping. Assigned parking for your vehicle. Pets are allowed with restrictions (1 dog/cat not to exceed 40 pounds). Take advantage of the rental option when you are not using the unit......30 day minimum rental with two rentals allowed per year. Dreaming of Keys living? This is your opportunity to purchase waterfront property at an affordable price.
  1. Listed by Melissa J. Grady • Ocean Sotheby's International Realty

Property Details for 5301 Ocean Terrace, Unit 14

Waterfront
Canal Front
Waterfront
Yes
Zoning
RM - Residential Medium
Subdivision
Tradewinds West (50.0)
Directions
Turn south onto 49th Street Ocean. Take an immediate left onto Ocean Terrace. Complex is at the end of the street on the right side.
Vehicle Storage
Assigned Parking, Guest Parking

Location

Listing Courtesy of Ocean Sotheby's International Realty
Add your commute
LISTING UPDATED: 03/18/2024 02:54 PM

Property Details for 5301 Ocean Terrace, Unit 14

StatusActive
MLS #609248
Days on Market45
Taxes$3,408 / 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

Location

Listing Courtesy of Ocean Sotheby's International Realty
Add your commute

Building Information for 5301 Ocean Terrace, Unit 14

Building/Complex5301 Ocean TerFloor-Stories2Residences16Pet Policy-Year Built1971

Payment Calculator

$3,212 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,128

Property Taxes

$284

HOA Dues

$800

The Payment Calculator is for illustrative purposes only.

Property Information for 5301 Ocean Terrace, Unit 14

Summary
Location and General Information
  • Waterview: Canal View
  • Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
  • Control Depth: 4
  • 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, Community Boat Ramp, Bike Paths
  • Key/Island: Marathon
Owner
  • Owner Name: Lorilee Darrow Living Trust
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, Common Area Mnt, Building Insurance
  • Furnished: Partially
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Parcel #: 00325131-001400
  • Land Size: 1/2 - Less Than 1 AC
Property and Assessments
  • Legal: TRADE WINDS WEST CONDOMINIUM INC MARATHON KEY VACCA PB3-185 APARTMENT NO 14 AND 6.250% COMMON ELEMENTS OR587-793 OR619-7
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE
  • Rentals Allowed: With Restrictions
  • Deed Restrictions: Yes
  • Picture Count: 17
  • Document Count: 0
  • Building Style: Above Flood: No
  • Security: Patrolled Area
  • Title: Title Ins - Buyer
Utilities
  • Utilities: Cable Available, Water Separate Meter, Elect Separate Meter, FKAA
  • Pub Sewer HkUp: Yes
  • Species List: No
  • Pool: Yes
  • Handicap Access: No
  • Pool Info: Heated: Yes
  • Pool Info: Concrete, In Ground, Decked
  • Porch/Balcony: No Porch/Balcony
Interior and Exterior Features
Interior Features
  • Floor: Carpet, Tile
  • Floor Number: 2.0
  • Interior Features: Storage
  • Appliances: Microwave, Refrigerator, Range, Oven
Exterior Features
  • Roof: Other Roof
  • Dockage: Dock: Concrete
  • Construction: CBS
  • Dockage: First Come Dock
  • Exterior Features: Storage
  • Windows/Doors: Aluminum Windows, Single Hung Windows

Property History for 5301 Ocean Terrace, Unit 14

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 14

Taxable ValueLand-Additions$294,477Total-
Tax Record2023$3,408 ($284 / month)
Home Facts
Beds1Baths1Total Finished SqFt776 SqFtAbove Grade Finished SqFt776 SqFtLot Size25,778 SqFtStyleCondominiumYear Built1971CountyMONROEAPN00325131-001400

Schools near 5301 Ocean Terrace, Unit 14

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5301 Ocean Terrace, Unit 14 is a condo for sale in Marathon, FL 33050. This property was listed for sale on March 18, 2024 by Ocean Sotheby's International Realty, it's currently listed at $390,000. It has been on the market for a total of 45 days and was last sold on March 6, 2001. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Big Pine Academy. 5301 Ocean Terrace, Unit 14 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. 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.