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5301 Ocean Terrace 6, Marathon, FL 33050

$389,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 776 Status: Active
Current Price: $389,000 List Date: 7/10/2025 Last Modified: 3/26/2026

Overview

Description

Two Bedroom Waterfront Condos in Marathon Florida with available Boat dockage below $400k have become non-existent, except for this Tradewinds West 2nd Floor unit in which residents get access to private dockage up to 28ft boats (32' overall) for a small monthly fee, which is $250 per year for any space, or $300 per year for a specific dock space with quick open water access via Boot Key Harbor. This is a RARE affordable opportunity for the avid boater and the unit has great bones with a ton of potential & even comes with a private storage unit to store your bikes, kayaks, etc. The Condo Association received the Recertification Letter from the City of Marathon a few years ago, where they completed all concrete spalling, updated the Roof & updated the Electrical. There is a private Heated Saltwater in ground Pool overlooking the canal just for the residents to take in the beautiful Florida Keys sunshine along with a condo lounge area just beyond the pool and a common area Laundry Ro ...

Listing Details MLS# 615757

Location, Tax & Legal

Street #
5301
Street Name
Ocean
Street Suffix
Terrace
Key/Island
Marathon
State/Province
FL
Zip Code
33050
County
Monroe
Subdivision
Tradewinds West (50.0)
Area
13 - 7 Mile Bridge to Sombrero Bch Rd E & W
Unit #
6
City
MARATHON
Off Shore Island
No
Mile Marker
50
Marathon Neighborhood
Old Town East (25th to Sombrero)
Side
Ocean
Flood Zone
AE
Alternate Key #
1399159
Parcel #
00325131-000600
Zoning
R-MH - Residential - MH
Deed Restrictions
Yes
Legal
TRADE WINDS WEST CONDOMINIUM INC MARATHON KEY VACCA PB3-185 APARTMENT NO 6 AND 6.250% COMMON ELEMENTS OR599-747 OR575-87
Taxes
2279.92
Tax Year
2024
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Marathon/Lower Keys
As is Rght to Inspct
Yes
Species List
No

General Property Description

Realtor.COM Type
Residential - Condo/Townhouse
Style
Condo
Waterfront
Yes
Control Depth
5
Unit/Complex
Complex
Pool
Yes
Year Built
1971
Total Units
16
Living Apx SqFt
776
SqFt Source
Property Data Card
Total Bedrooms
2
Full Baths
Yes
Total Baths
Yes
Floor Number
2
Rentals Allowed
With Restrictions
Min Rental Days
30
Lot SqFt
0

Association Info

Mandatory Home Owners Asc
Yes
1st Right of Refusal
No
Association Fee $
825
Assoc/Mnt Fee Per
Monthly

Dockage

Dock Length
32
Dock
Concrete
First Come Dock
Yes

More Information

Building Style

Above Flood
Unknown

Pool Info

Heated
Yes
In Ground
Yes
Concrete
Yes

Remarks & Misc

Remarks – Consumer
Two Bedroom Waterfront Condos in Marathon Florida with available Boat dockage below $400k have become non-existent, except for this Tradewinds West 2nd Floor unit in which residents get access to private dockage up to 28ft boats (32' overall) for a small monthly fee, which is $250 per year for any space, or $300 per year for a specific dock space with quick open water access via Boot Key Harbor. This is a RARE affordable opportunity for the avid boater and the unit has great bones with a ton of potential & even comes with a private storage unit to store your bikes, kayaks, etc. The Condo Association received the Recertification Letter from the City of Marathon a few years ago, where they completed all concrete spalling, updated the Roof & updated the Electrical. There is a private Heated Saltwater in ground Pool overlooking the canal just for the residents to take in the beautiful Florida Keys sunshine along with a condo lounge area just beyond the pool and a common area Laundry Room for residents. The Condo building is centrally located directly across the canal from Sombrero Blvd with close proximity to Sombrero Beach, is just a short walk to the Florida Keys Country Club, Publix Grocery Store, Walgreens and just a short 6 minute drive the famous Seven Mile Bridge. Don't miss this chance to enjoy the Florida Keys life on the water at an affordable price point!!!! VIRTUAL RENOVATION PHOTOS added to show you the unit's potential.

Fee Includes

Bldg Exterior Mnt
Yes
Building Insurance
Yes
Common Area Mnt
Yes
Exterminating
Yes

Tax Exemptions

None
Yes

Appliances

Oven
Yes
Range
Yes
Refrigerator
Yes

Cooling

Ceiling Fans(s)
Yes
Wall/Window Unit(s)
Yes

Waterfront

Canal Front
Yes
Lake Front
Yes

Waterview

Canal View
Yes
Harbor/Marina View
Yes

Floor

Tile
Yes

Neighborhood Feature

Beach
Yes

Windows/Doors

Aluminum Windows
Yes

Vehicle Storage

Guest Parking
Yes
Vehicle Restrictions
Yes
Assigned Parking
Yes
Off Street Parking
Yes

Construction

CBS
Yes
Concrete
Yes

Land Size

1/2 - Less Than 1 AC
Yes

Furnished

Unfurnished
Yes

Terms

Cash
Yes
Conventional
Yes
FHA
Yes
No Seller Finance
Yes
VA
Yes

Utilities

Buyer to Verify
Yes
Cable Available
Yes
FKAA
Yes
Municipal Sewer
Yes
Water Separate Meter
Yes

Exterior Features

Shed
Yes
Storage
Yes

Pre-Wired

Cable
Yes

Roof

Tar/Gravel Roof
Yes

Shutters

Accordion
Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Common Area Mnt; Exterminating Tax Exemptions: None Waterfront: Canal Front; Lake Front Waterview: Canal View; Harbor/Marina View Dockage: First Come Dock Vehicle Storage: Assigned Parking; Guest Parking; Off Street Parking; Vehicle Restrictions Furnished: Unfurnished Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: Buyer to Verify; Cable Available; FKAA; Municipal Sewer; Water Separate Meter Pre-Wired: Cable Appliances: Oven; Range; Refrigerator Exterior Features: Shed; Storage Pool Info: In Ground; Concrete Construction: CBS; Concrete Shutters: Accordion Floor: Tile Roof: Tar/Gravel Roof Neighborhood Feature: Beach Land Size: 1/2 - Less Than 1 AC Terms: Cash; Conventional; FHA; No Seller Finance; VA
Listing Office: No Nonsense Real Estate Branch Office
Last Updated: March - 26 - 2026
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.