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5301 Ocean Terrace 6, Marathon, FL 33050

$399,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 776 Status: Active
Current Price: $399,000 List Date: 7/10/2025 Last Modified: 7/10/2025

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 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!!!!

More Information MLS# 615757

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Species List: No Current Price: $399,000 Listing Date: 2025-07-10 List Price: $399,000

Location, Tax & Legal

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 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

General Property Description

Realtor.COM Type: Residential - Condo/Townhouse Waterfront: Yes Control Depth: 5 Lot SqFt: 0 Unit/Complex: Complex Pool: Yes Total Units: 16 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 30 Floor Number: 2 Style: Condo Year Built: 1971 Living Apx SqFt: 776 Total Bedrooms: 2 Full Baths: 1 Total Baths: 1

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!!!!

Association Info

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

Fee Includes

Bldg Exterior Mnt: 1 Building Insurance: 1 Common Area Mnt: 1 Exterminating: 1

Dockage

Dock Length: 32 Dock: Concrete First Come Dock: 1

Tax Exemptions

None: 1

Appliances

Oven: 1 Range: 1 Refrigerator: 1

Cooling

Ceiling Fans(s): 1 Wall/Window Unit(s): 1

Waterfront

Canal Front: 1 Lake Front: 1

Waterview

Canal View: 1 Harbor/Marina View: 1

Floor

Tile: 1

Neighborhood Feature

Beach: 1

Building Style

Above Flood: Unknown

Windows/Doors

Aluminum Windows: 1

Vehicle Storage

Guest Parking: 1 Vehicle Restrictions: 1 Assigned Parking: 1 Off Street Parking: 1

Construction

CBS: 1 Concrete: 1

Land Size

1/2 - Less Than 1 AC: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 No Seller Finance: 1 VA: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Exterior Features

Shed: 1 Storage: 1

Pool Info

In Ground: 1 Heated: Yes Concrete: 1

Pre-Wired

Cable: 1

Roof

Tar/Gravel Roof: 1

Shutters

Accordion: 1

Status Change Info

Status: Active

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: July - 10 - 2025
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