1415 Ocean Terrace, Marathon, FL 33050
$325,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
964
Lot Size (sq. ft.):
3,250
Status:
Active
Current Price:
$325,000
List Date:
11/02/2024
Last Modified:
11/23/2025
Description
Great Value with the building right and land value in Marathon. Fantastic Investor Opportunity or Employee Housing in this conch house in need of a little TLC. Wood Frame home built in 1948. Fenced in yard with room to park multiple vehicles. Metal Roof from 2013. Home has 2 front entrances and a split floorplan, giving the home some unique possibilities. Waterview possible if a new stilted home is built on the lot in the future. Will need to be a cash deal, rehab loan, or owner financing. Set up your preview today! Owner is motivated to sell
More Information MLS# 612085
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Species List: No
Current Price: $325,000
Listing Date: 2024-11-02
List Price: $325,000
Location, Tax & Legal
City: MARATHON
Off Shore Island: No
Mile Marker: 48
Marathon Neighborhood: Old Town West (11th to 25th)
Side: Ocean
Flood Zone: AE
Alternate Key #: 1401081
Parcel #: 00326990-000000
Zoning: R-MH - Residential - MH
Deed Restrictions: Unknown
Legal: BK 4 NELY 65 FT LT 6 PARRISH SUB MARATHON SUB SUB OF GOV LT 2 SEC 9 TWP 66S R 32 E PB2-18 OR367-372 OR870-195 OR942-232
Taxes: 2988.03
Tax Year: 2023
Pub Sewer HkUp: Yes
Street #: 1415
Street Name: Ocean
Street Suffix: Terrace
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Parrish Sub (48.0)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: No
Control Depth: 0
Lot SqFt: 3250
Pool: No
Lot Sqft Source: Property Data Card
Total Units: 0
Acres: 0.07
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 7
Style: Single Family
Year Built: 1948
Living Apx SqFt: 964
Total Bedrooms: 2
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: Great Value with the building right and land value in Marathon. Fantastic Investor Opportunity or Employee Housing in this conch house in need of a little TLC. Wood Frame home built in 1948. Fenced in yard with room to park multiple vehicles. Metal Roof from 2013. Home has 2 front entrances and a split floorplan, giving the home some unique possibilities. Waterview possible if a new stilted home is built on the lot in the future. Will need to be a cash deal, rehab loan, or owner financing. Set up your preview today! Owner is motivated to sell
Directions: From Overseas Hwy, Turn onto 15th Street and then make a right onto Ocean Terrace. Home is located at the end of the street on the left.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Wall/Window Unit(s): 1
Waterfront
None: 1
Waterview
No Waterview: 1
Floor
Combo: 1
Tile: 1
Property Condition
Fixer Upper: 1
Specialty Rooms
Laundry Room: 1
Building Style
Above Flood: Unknown
Ground Level: 1
Windows/Doors
Single Hung Windows: 1
Sliding Glass Doors: 1
Vehicle Storage
Open Parking: 1
Off Street Parking: 1
Security
No Security: 1
Construction
Frame: 1
Other: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Unfurnished: 1
Terms
Cash: 1
Seller Finance Psble: 1
Other Specify: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Title
Title Ins - Buyer: 1
Exterior Features
Shed: 1
Roof
Combo Roof: 1
Metal Roof: 1
Status Change Info
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Fixer Upper
Building Style: Ground Level
Vehicle Storage: Off Street Parking; Open Parking
Furnished: Unfurnished
Cooling: Wall/Window Unit(s)
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer
Specialty Rooms: Laundry Room
Appliances: Dryer; Microwave; Oven; Refrigerator; Washer
Exterior Features: Shed
Construction: Frame; Other
Floor: Combo; Tile
Roof: Combo Roof; Metal Roof
Pets: Pets Allowed
Security: No Security
Land Size: Less Than 1/4 Acre
Terms: Cash; Seller Finance Psble; Other Specify
Title: Title Ins - Buyer
Listing Office:
Coldwell Banker Schmitt Real Estate Co.
Last Updated: November - 23 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.