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For sale
  • $389,000

    5301 Ocean Ter APT 6, Marathon, FL 33050

    2beds
    776sqft
    : 
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    Condo/Townhouse, Condominium
    Built in 1971
    -- sqft lot
    $373,600 Zestimate®
    $501/sqft
    $825/mo HOA

    What's special

    Two bedroom waterfront condosPrivate storage unit
    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.
    365 days
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    386
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    33
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kenny L. Matlock 305-849-5582,

    No Nonsense Real Estate Branch Office,

    Chris Cioffi 239-410-5099,

    No Nonsense Real Estate Branch Office

    Source: Key West AOR,MLS#: 615757MLS LogoOriginating MLS: Marathon/Lower Keys

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Cooling
      • Wall/Window Unit(s), Ceiling Fan(s)
      Appliances
      • Included: Refrigerator, Oven, Range
      Features
      • Flooring: Tile
      • Windows: Aluminum Frames, Accordion
      Interior area
      • Total structure area: 776
      • Total interior livable area: 776 sqft

      Property

      Parking
      • Parking features: Assigned, Vehicle Restrictions, Off Street, Guest
      Features
      • Exterior features: Storage, Concrete Dock
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Concrete
      • Has view: Yes
      • View description: Canal, Harbor/Marina View
      • Has water view: Yes
      • Water view: Canal,Harbor/Marina View
      • Waterfront features: Canal Front, Lake Front
      Lot
      • Features: 1/2 - Less Than 1 AC
      Details
      • Additional structures: Shed(s), First Come Dock
      • Parcel number: 00325131000600
      • Zoning: R-MH - Residential - MH
      • Zoning description: Residential - MH

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Condo/Townhouse, Condominium
      Materials
      • CBS, Concrete
      • Roof: Tar/Gravel
      Condition
      • Year built: 1971

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: FKAA, Water Separate Meter
      • Utilities for property: Cable Available, Buyer to Verify, Cable Connected

      Community & HOA

      Community
      • Features: Beach
      • Subdivision: Tradewinds West (50.0)
      HOA
      • Services included: Pest Control, Common Area Mnt, Building Insurance, Maintenance Structure
      • HOA fee: $825 monthly
      Location
      • Region: Marathon

      Financial & listing details

      • Price per square foot: $501/sqft
      • Tax assessed value: $309,772
      • Annual tax amount: $2,279
      • Date on market: 7/10/2025
      • Listing terms: No Seller Finance,FHA,VA Loan,Conventional,Cash

        Estimated market value

        $373,600

        $355,000 - $392,000

        $2,578/mo

        Price history

        DateEventPrice
        3/26/2026Price change$389,000-2.5%$501/sqft
        Source: FLKMLS #615757 Report a problem
        7/10/2025Listed for sale$399,000+160.8%$514/sqft
        Source: Key West AOR #615757 Report a problem
        7/12/2002Sold$153,000+452.3%$197/sqft
        Source: Public Record Report a problem
        5/12/2000Sold$27,700$36/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,313 +45.3%$309,772 +39.5%
        2024$2,280 +4.7%$222,135 +3%
        2023$2,178 +1.9%$215,666 +3%
        2022$2,137 +0.3%$209,385 +3%
        2021$2,131 -2.2%$203,287 -3.7%
        2020$2,179 $211,027 -0.5%
        2019$2,179 -9%$212,166 +26.6%
        2018$2,395 +15.5%$167,600 +11.7%
        2017$2,073 +8%$150,100
        2016$1,919 +0%$150,100 +15.1%
        2015$1,919 $130,368
        Find assessor info on the county website

        Monthly payment

        Est. payment

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33050

        Getting around

        49 / 100
        Car-Dependent
        86 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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