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

5301 Ocean Ter #5
Marathon, FL 33050

  • 2 Beds
  • 1 Bath
  • 776 sqft

$414,900

Trulia Estimate
as of Jul 18, 2026
Est. Refi. Payment $2,446/mo*
Refinance Your Home

$414,900

Trulia Estimate
as of Jul 18, 2026
Est. Refi. Payment $2,446/mo*
Refinance Your Home
2 Beds
1 Bath
776 sqft

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

Description

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). It is currently off market. The Trulia Estimate is $414,900, with a rent estimate of $2,578/month.

Home Highlights

Parking
No Info
Outdoor
Pool
View
Canal, Harbor/Marina View
HOA
$800/Monthly
Price/Sqft
No Info
Listed
180+ days ago

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: FKAA, Cable Available, Buyer to VerifyAppliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Refrigerator, Dishwasher, DryerDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Has CoolingAir Conditioning: Ductless
Gas & Electric
Electric: Elect Separate Meter
Windows, Doors, Floors & Walls
Window: AccordionFlooring: Tile
Levels, Entrance, & Accessibility
Levels: Ground LevelFloors: Tile
View
Has a ViewView: Canal, Harbor/Marina View
Room & Shared Space
Shared space is furnished

Exterior Features

Exterior Home Features
Roof: Tar GravelPatio / Porch: Screened P/BExterior: StorageHas a Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageNo Open ParkingParking: Assigned,Off Street,Guest
Pool
Pool: Heated, In Ground, ConcretePool
Frontage
WaterfrontWaterfront: Canal Front, Waterfront, Seawall: Concrete, Dockage: First Come DockOn Waterfront
Water & Sewer
Sewer: Municipal Sewer, Public Sewer

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, Residential - Condo/TownhouseStructure Type: UnitArchitecture: Unit
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)

Community

Community Features: Beach

HOA

HOA Fee Includes: Pest Control, Maintenance Grounds, Building Insurance, Maintenance StructureAssociation for this Listing: Marathon/Lower KeysHas an HOAHOA Fee: $800/Monthly

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 612330Water ViewWater View: Canal, Harbor/Marina View

Additional Information

Beach
Last check for updates: about 7 hours ago
Listed by Ally Kelley, (727) 459-0493
Ocean Sotheby's International
Bought with: Ally Kelley, (727) 459-0493, Ocean Sotheby's International
Originating MLS: Marathon/Lower Keys
Source: FLKMLS, MLS#612330

Price History for 5301 Ocean Ter #5

DatePriceEventSource
02/13/2025$415,000Sold
FLKMLS #612330
01/31/2025$425,000PendingFLKMLS #612330
01/17/2025$425,000ContingentKey West AOR #612330
11/19/2024$425,000Listed For SaleFLKMLS #612330
05/16/2023ListingRemovedFLKMLS #604230
02/17/2023$449,500Listed For SaleKey West AOR #604230
12/21/2020$275,000Sold
N/A
09/16/2020$289,000PriceChange
Agent Provided
03/10/2020$295,000Listed For SaleAgent Provided
12/12/2013$161,000Sold
N/A
08/11/2013$165,000Listed For SaleAgent Provided
06/13/2013$165,000ListingRemovedAgent Provided
04/12/2013$165,000PriceChange
Agent Provided
02/23/2013$175,000Listed For SaleAgent Provided
10/01/2007$300,000Sold
N/A

Market trends in Marathon

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$723K
$19.17KMoM
Sale-to-List Price
94.6%
Price per sq ft
$628
$22MoM
Available listings
251
17MoM
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Property Tax and Assessment

Year2025
Tax$3,943
Assessment$344,233
Home facts updated by county records

Comparable Sales for 5301 Ocean Ter #5

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
9 Sombrero Blvd #202, Marathon, FL
0.07
Condo
$330,000
11/19/25
2
2
1,001
9 Sombrero Blvd #205, Marathon, FL
0.10
Condo
$530,000
04/14/26
2
2
1,001
21 Sombrero Blvd #203, Marathon, FL
0.19
Condo
$400,000
11/17/25
1
1
547
21 Sombrero Blvd #425, Marathon, FL
0.19
Condo
$450,000
11/17/25
1
1
547
23 Sombrero Blvd #328, Marathon, FL
0.19
Condo
$350,000
05/11/26
1
1
547
21 Sombrero Blvd #403, Marathon, FL
0.25
Condo
$350,000
11/18/25
1
1
547
21 Sombrero Blvd #302, Marathon, FL
0.25
Condo
$325,000
11/18/25
1
1
547

Nearby homes

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Assigned Schools

These are the assigned schools for 5301 Ocean Ter #5.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 48 % Say kids play outside

  • 44 % 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"
    1
    Flag
  • 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. "
    1
    Flag
  • 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. "
    1
    Flag
  • Jan M.
    "We have basic public transportation. I’d take a taxi anywhere in town. .............................,,"
    0
    Flag
  • Erin F.
    "There’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!"
    2
    Flag
  • Thurmankolb
    "Yes! Dog park just down the street. Lots of neighbors know each other by our dogs. Great vets n Marathon and good groomer."
    6
    Flag
  • Thurmankolb
    "Lots of community events and activities. Fishing tournaments, seafood festival, school carnivals, etc... "
    2
    Flag
  • 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. "
    0
    Flag
  • Abiezer31
    "Of course ,the neighbors the owner and dog are very nice I’m very proud living in my house.and this neighborhood "
    3
    Flag
  • 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."
    0
    Flag
  • Cyndiepalmer
    "We are a friendly neighborhood. You walk your street and say Hi anytime. It is a safe street to live "
    0
    Flag
  • 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"
    0
    Flag
  • 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."
    0
    Flag
  • 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."
    0
    Flag
  • Gonzalez8834
    "Marathon is a great place to life and have a family, very safe, quiet and full of great people. ......"
    0
    Flag
  • Tom A. C. M.
    "I live here (14 years) and love the area. Close accessibility to shopping, schools, churches, golf, beach, walking, biking. "
    0
    Flag
  • 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."
    0
    Flag
  • 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. "
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

16 pet-friendly rentals in Marathon, FL

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7 rentals with a garage in Marathon, FL

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20 rentals with air conditioning in Marathon, FL

Explore by feature - Pool

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21 rentals with a washer/dryer in Marathon, FL

Homes for sale near 5301 Ocean Ter #5

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Off Market Homes Near 5301 Ocean Ter #5

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers' 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 Board of Realtors.