5301 Ocean Ter #5, Marathon, FL 33050
Property image
Property image
OFF MARKET

$417,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 776 sqft

5301 Ocean Ter #5, Marathon, FL 33050

Est. Refi. Payment $2,538/mo*
Refinance Your Home
Currently Off Market - Sold Feb 13, 2025 for $415,000

Home Value

Trulia Estimate
$417K
Since last month
Increased$2K (+0.4%)
Since last year
Decreased$2K (-0.5%)
Since last sale
Increased$3K (+0.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +101% in the last 10 years
MonthEstimated value
2026
August 2026$418K
August 2026$418K
July 2026$416K
June 2026$412K
May 2026$403K
April 2026$408K
March 2026$408K
February 2026$413K
January 2026$410K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Condo
$430,000
07/06/26
2
2
962
0.07
Condo
$330,000
11/19/25
2
2
1,001
0.07
Condo
$530,000
04/14/26
2
2
1,001
0.19
Condo
$400,000
11/17/25
1
1
547
0.19
Condo
$450,000
11/17/25
1
1
547
0.19
Condo
$350,000
11/18/25
1
1
547
0.19
Condo
$350,000
05/08/26
1
1
547
0.19
Condo
$350,000
05/11/26
1
1
547

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.00
$340,000
1
1
656
For Sale
0.00
$336,700
2
1
776
Off Market
0.00
$370,000
1
1
656
For Sale
0.00
$375,600
2
1
776
Off Market
0.02
$1,030,500
4
3
1,856
Off Market
0.04
$1,300,000
3
3
1,481
Recently Sold
0.04
$1,300,000
3
3
1,481
Recently Sold
0.06
$2,100,000
5
3.5
1,924
For Sale
0.11
$990,000
4
2
1,568
For Sale
0.09
$709,000
2
1
1,053
Off Market
0.09
$483,300
2
1
1,053
Off Market

Local Information

  • Map ViewExplore the area around 5301 Ocean Ter #5.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 1971
776 sqft
$538/sqft
HOA $800/mo

About this House

Freshly renovated and fully furnished waterfront two bedroom, one bathroom condo located at Tradewinds West in Marathon! First floor location provides easy access with no stairs to climb. New PVC plumbing and sewer lines in unit and throughout entire first floor of the building. Association received the Recertification Letter from the City of Marathon a few years ago, completing all concrete spalling, updated electrical and roof. Step inside Unit 5 and fall in love with the brand new updates: coastal inspired light and bright finishes throughout, porcelain tile floors, quartz countertops in kitchen with new white shaker cabinets, turquoise backsplash, new stainless steel appliances, and a rare in-unit washer & dryer. Convenient bathroom features gorgeous step-in tiled shower, glass enclosure coming soon, new tile flooring, commode and vanity. Both bedrooms are nicely sized with a king size bed in the waterside bedroom, and a queen sized bed in the street side bedroom. Two ductless mini split AC's in unit for additional cooling and a tankless hot water heater for efficiency. Conveys fully furnished, so just bring your toothbrush and bathing suit! Escape to the waterfront screened porch to lounge with a cup of coffee or an evening cocktail. First come first serve dockage available for up to a 28 foot vessel ($250 per year for any space, or $300 for a specific dock space). Sunbathe in the nearby heated salt water pool. Recently upgraded laundry room if needed, plus personal storage unit, kayak / bike storage, and outdoor grills offer an island life full of amenities. With the central location close to grocery stores, restaurants and just a few miles to locally adored Sombrero Beach, what more could you desire? Island life is calling!
5301 Ocean Ter #5, Marathon, FL 33050 is a 2 bedroom, 1 bathroom, 776 sqft condo built in 1971. It last sold for $415,000 on Feb 13, 2025 (2% below the $425,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $417,100, with a rent estimate of $2,612/month.
Last check for updates: about 3 hours ago
Listed by Ally Kelley, (727) 459-0493
Ocean Sotheby's International
Bought with: Ally Kelley, Ocean Sotheby's International
Source: FLKMLS, MLS#612330

Home Details for 5301 Ocean Ter #5

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 776 Square Feet
Appliances & Utilities
Utilities: Elect Separate Meter, Cable AvailableAppliances: Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Stainless Steel Appliance(s)DishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Has CoolingAir Conditioning: Ductless
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Levels: Ground LevelFloors: Tile
View
No View

Exterior Features

Exterior Home Features
Exterior: StorageHas a Private Pool
Parking & Garage
No Attached Garage
Pool
Pool: In Ground, ConcretePool
Frontage
WaterfrontOn Waterfront

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Construction Materials: CBSNot a New Construction
Property Information
Condition: Updated/RemodeledParcel Number: 00325131000500

Price & Status

Price
List Price: $425,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: MarathonCommunity: Tradewinds West (50.0)

Building

Building Area
Building Area: 776 Square Feet

Community

Community Features: Beach

HOA

HOA Fee Includes: Pest Control, Maintenance Structure, Insurance, Common Area MntHas an HOAHOA Fee: $800/Monthly

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 612330

Additional Information

Beach

Price and Tax history

DateEventPrice
Feb 13, 2025
Source: FLKMLS #612330
Sold
$415,000
Jan 31, 2025
Source: FLKMLS #612330
Pending
$425,000
Jan 17, 2025
Source: Key West AOR #612330
Contingent
$425,000
Nov 19, 2024
Source: FLKMLS #612330
Listed For Sale
$425,000
May 16, 2023
Source: FLKMLS #604230
ListingRemoved

Market trends in Marathon

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$774K
$51.67K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$630
$2
MoM
Available listings
260
8
MoM

Around this home

What Locals Say about Marathon

At least 61 Trulia users voted on each feature.
  • 83 % Say car is needed

  • 79 % Say people would walk alone at night

  • 76 % Say parking is easy

  • 72 % Say it's quiet

  • 70 % Say it's dog friendly

  • 70 % Say yards are well-kept

  • 68 % Say there's holiday spirit

  • 61 % Say it's walkable to restaurants

  • 53 % Say there's wildlife

  • 53 % Say they plan to stay for at least 5 years

  • 51 % Say there are community events

  • 49 % Say kids play outside

  • 45 % Say neighbors are friendly

  • 37 % Say it's walkable to grocery stores

  • 36 % Say there are sidewalks

  • 29 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • 4yrv5tc4qr
    "Seafood festival, theater, music festival, turtle releases, homecoming parade, 4th of July fireworks on the beach"
  • Ingridfox
    "people love walking dogs on the beach and dog dog park at Sombrero Beach. A lot of restaurants are dog friendly. This is a great place for dog owners. "
  • C E.
    "There is no place for kids to hang out really except for the skate park. There are no malls, no skating rinks, no places for kids to meet safely. "
  • Jan M.
    "We have basic public transportation. Iโ€™d take a taxi anywhere in town. .............................,,"
  • Erin F.
    "Thereโ€™s plenty of grass, sidewalks and quiet roads to walk along.. plus the public beach is always a dogs favorite adventure.. just pick up after your dog!"
  • Thurmankolb
    "Yes! Dog park just down the street. Lots of neighbors know each other by our dogs. Great vets n Marathon and good groomer."
  • Thurmankolb
    "Lots of community events and activities. Fishing tournaments, seafood festival, school carnivals, etc... "
  • Jamie B.
    "Everyone gets together for the kids at Halloween. We have a community park with special events planned for the kids and the beach is the sight for a special 4th of July. "
  • Abiezer31
    "Of course ,the neighbors the owner and dog are very nice Iโ€™m very proud living in my house.and this neighborhood "
  • Darren S.
    "I live off the beaten path across the street from a golf course. It's very quiet and tranquil. throb marinas surrounding the property and can walk to All shops and stores."
  • Cyndiepalmer
    "We are a friendly neighborhood. You walk your street and say Hi anytime. It is a safe street to live "
  • Ksperkinson
    "Safe clean near ocean good police pet friendly hospital is coming along in the construction have contract here at hospital looking forward to finding a good place for 3 months"
  • Stephanie M.
    "A lot of kids and cars. A fire station that is noisey but nice. Lizards everywhere. There is one hotel on this small island. There are A lot of Vacation homes here and crab catchers. When it rains you can't see the road."
  • Lb2071
    "water front community , is a small island called Flamingo Island. We have a 9 hole golf course and just 5 minutes from Publix and Kmart. Sombrero beach is right at the outset of the canals on the Atlantic ocean and the people are very loving and friendly."
  • Gonzalez8834
    "Marathon is a great place to life and have a family, very safe, quiet and full of great people. ......"
  • Tom A. C. M.
    "I live here (14 years) and love the area. Close accessibility to shopping, schools, churches, golf, beach, walking, biking. "
  • Anne K.
    "Lived here for many years and is one of the best places to live in Marathon. Conveniently located near schools, parks, shopping and beach just minutes away."
  • Debra G.
    "Only 8 miles from Marathon. Away from the winter traffic, airport noise. Crystal clean, flow through canals. Great place to vacation and a great place to live. "

LGBTQ Local Legal Protections

MLS Internet Data Exchange (IDX) information is provided exclusively for consumersโ€™ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys MLS.

Frequently asked questions about 5301 Ocean Ter #5

  • What is 5301 Ocean Ter #5 estimated to be worth?
    Trulia's estimated value for 5301 Ocean Ter #5 in Marathon, FL is $417,100.
  • What is the price history for 5301 Ocean Ter #5?
    5301 Ocean Ter #5 in Marathon, FL last sold for $415,000 in February 2025.
  • Is Marathon a buyer's or seller's market?
    Marathon is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Marathon?
    The median sale price in Marathon is $774K. That is up $51.67K from the prior month.
  • Does 5301 Ocean Ter #5 have air conditioning?
    Yes, 5301 Ocean Ter #5 in Marathon, FL has air conditioning.
  • Does 5301 Ocean Ter #5 have a pool?
    Yes, 5301 Ocean Ter #5 in Marathon, FL has a pool.

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