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5301 Ocean Terrace TERRACE #6

MARATHON, FL 33050
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$389,000 $1,640/Mo
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Bed 2

Bed

Bath 1

Bath

SqFt776

Sqft

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 Heat ed 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.

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Detail Ic Property Details

Property Type : Residential - Condo/Townhouse

Price : $389,000

AD Id : 65905605

MLS Id : 615757

Beds : 2

Living Area Size : 776

Year Built : 1971

Garage : 2.00

County : Monroe

Subdivision: The Redlands

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

  • Interior Features

    Appliances: Refrigerator,Oven,Range

  • Roofing Information

    Tar/Gravel Roof

    Flooring Information

    Tile

    Heating & Cooling

    Cooling: Wall/Window Unit(s),Ceiling Fans(s) Water Front: Yes Canal Front,Lake Front Canal View,Harbor/Marina View

    Window Information

    Window Treatments: Aluminum Windows

  • Building Information

    Year Built: 1971 Total Floors: 2 Total Units: 16.00 Floor Location: 0 Construction: CBS,Concrete Roof: Tar/Gravel Roof

  • Exterior Features

    Shed,Storage

    Pool Information

    In Ground,Concrete Heated: Yes

  • Lot Information

    Lot SqFt: 0 TRADE WINDS WEST CONDOMINIUM INC MARATHON KEY VACCA PB3-185 APARTMENT NO 6 AND 6.250% COMMON ELEMENTS OR599-747 OR575-87

  • Property Information

    SQ ft (Living Area): 776 View: Canal View,Harbor/Marina View Subdivision: Tradewinds West (50.0)

  • Listing Price Information

    List Price: $389,000

  • Listing Information

    No Seller Finance,FHA,VA,Conventional,Cash

  • Tax Information

    Taxes: $2,280 Tax Year: 2024 Parcel Number: 00325131-000600 Tax Exemptions: None

  • Multi-Unit Information

    Restrict: YES

  • Homeowners Association Information

    Mandatory Home Owners Asc: Yes 1st Right of Refusal: No Association Fee: $825.00 Assoc/Mnt Fee Per: Monthly

  • Utility Information

    FKAA,Cable Available,Water Separate Meter,Buyer to Verify,Municipal Sewer
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
105 Avenue D #113, Marathon, FL, 33050 $424,000 1 1 --
5301 Ocean Ter #7, Marathon, FL, 33050 $415,000 2 1 776 776 SqFt
Residential, Marathon, FL, 33050 $1,095,000 3 3 1,493 1,493 SqFt
423 Sombrero Beach Rd #9, Marathon, FL, 33050 $585,000 3 3 1,427 1,427 SqFt
5301 Ocean Ter #1, Marathon, FL, 33050 $340,000 1 1 656 656 SqFt
12690 Overseas Hwy #310, Marathon, FL, 33050 $799,000 2 2 1,352 1,352 SqFt
4402 Marina Villa Drive, Marathon, FL, 33050 $1,075,000 3 2 1,328 1,328 SqFt
8302 Marina Villas Driv.., Marathon, FL, 33050 $849,000 3 2 1,364 1,364 SqFt
2000 Coco Plum Dr #106, Marathon, FL, 33050 $675,000 2 2 1,214 1,214 SqFt
2000 Coco Plum Dr #601, Marathon, FL, 33050 $449,000 1 2 797 797 SqFt

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ByOwner last updated this listing 06/04/2026 @ 16:55

MLS: 615757 LISTED BY: Kenny L. Matlock , No Nonsense Real Estate Branch Office 239-410-5099 SOURCE: Florida Keys MLS, Inc.

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