5301 Ocean Ter #7, Marathon, FL 33050 - Photo 1

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$415,000

For Sale
Active
Condo
2 Beds
1 Full Bath
776 Sq. Ft.

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Property Description

Boater's paradise in the heart of Marathon ! Beautifully furnished 2 bed 1 bath waterfront condo featuring stunning canal views and the perfect Florida Keys lifestyle with a private screened terrace ideal for enjoying breezes and unforgettable sunset views. The community offers deep-water dockage accommodating vessels up to 28 ft.Residents also enjoy the heated pool,BBQ area and relaxing outdoor spaces.Located just minutes from beaches, restaurants ,shops and local attractions , this property offers excellent appeal as a vacation gataway or income producing investment as a vacation rental in one of the key's most sought after boating destinations. Seller financing may be available for qualified buyers creating an opportunity for investors or second home buyer.

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Full Property Details

Full Property Details for 5301 Ocean Terrace #7

General

Price: $415,000
HOA FEE: $850/month
Taxes: $4,035 (2025)
Status: Active
Type: Condo
Source: Greater_Miami
MLS ID: A11980651
Updated: 3/11/2026
Added to Site: 22 day(s) ago

Interior

Interior Features: First Floor Entry
Appliances: Microwave
Flooring: Ceramic Floor

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 2
Bedroom Features: At Least 1 Bedroom Ground Level

Additional Information

Shared Amenities: Barbecue
Maint. Includes: Building Exterior, Common Area, Insurance
Security/Safety: No Security

Exterior

Exterior Features: Other, Barbecue

Parking

Parking Features: 1 Space

Location

Area: Trade Winds West
County: Monroe County
Subdivision: TRADE WINDS WEST
Building Name: TRADE WINDS WEST

Community

Community Name: Trade Winds West
Association: Yes
Pets Allowed: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Other, Wall/Window Unit(s)
Heating Type: Other

Structural Information

Architectural Style: Garden Apartment
Structure Type: Condo 1-4 Stories, Condo
Detached/Attached: Attached
Construction: CBS Construction
Entry Floor Number: 1
Building Size: 776
Square Feet: 776
Living Area: 776 Sq. Ft.
Year Built: 1971
Property Condition: Updated/Remodeled, Completely Renovated

Lot Features

Property View: Canal

Water Features

Water Front: Yes
Water View: Yes
Water Front Desc.: Canal Front

Financial Considerations

Price Per Sq. Ft.: $534.79
Association Fee: $850
Assoc Fee Freq.: Monthly
Tax Amount: $4,035
Tax Year: 2025
Terms: Conventional, FHA, Owner Will Carry, VA Loan

Disclosures and Reports

Legal Description: APARTMENT NO 7 TRADE WINDS WEST CONDOMINIUM INC OR562-71 OR837-357 OR837-358 OR872-1266 OR874-817 OR872-1266 OR1498-76 OR1815-660 OR1861-206
Restrictions: Ok To Lease
Inclusions: Dock Available
Property ID: 00325131-000700

Listed by Realty One Group Evolution

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Schools

Schools serving 5301 Ocean Terrace #7

School District:Monroe County School District, Middle Torch Key, FL

Name	Grades	Distance
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050	PK-5	1.1 mi
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050	6-12	0.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5301 Ocean Terrace #7 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/10/2026

Listed

$415,000

39.73%

MLS

6/03/2021

Sold

$297,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 5301 Ocean Terrace #7

Year

Property Taxes

Change

Tax Assessment

Change

2024

$4,115

6%

$345,448

5%

2023

$3,877

8%

$328,662

19%

2022

$3,585

66%

$276,718

69%

2021

$2,161

—

$163,793

1%

2021

$2,161

4%

$161,532

2%

2019

$2,078

4%

$157,901

2%

2018

$2,004

2%

$154,957

2%

2017

$1,969

-2%

$151,770

—

2016

$2,004

-9%

$151,770

17%

2015

$2,202

2%

$129,575

10%

2014

$2,162

7%

$117,796

10%

2013

$2,019

—

$107,088

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5301 Ocean Ter #7, Marathon, FL 33050 (MLS# A11980651) is a Condo property with 2 bedrooms and 1 full bathroom. 5301 Ocean Ter #7 is currently listed for $415,000 and was received on March 10, 2026. Want to learn more about 5301 Ocean Ter #7? Do you have questions about finding other Condo real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.

5301 Ocean Terrace #7 Marathon, FL 33050