$765,000
5303 Ocean Terrace A & B
Marathon, FL 33050
MLS# 594005
Status: Closed
4 beds  |  4 baths  |  1856 sqft

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Facing East Access to Boot Key Harbor 4 Boat Slips with Deep Water Dockage Facing West Facing North West Facing South West Facing West Plenty of waterfrontage to move around Private Dockage for unit A & B Concrete Seawall with Fish Cleaning Station Nice Open Balcony's for Both Units Great Spot for Morning Coffee and Afternoon Refreshments virtual-tour-304587-mls-high-res-image-1 virtual-tour-304587-mls-high-res-image-1 virtual-tour-304587-mls-high-res-image-1 virtual-tour-304587-mls-high-res-image-1 virtual-tour-304587-mls-high-res-image-1 virtual-tour-304587-mls-high-res-image-1 virtual-tour-304587-mls-high-res-image-1 virtual-tour-304587-mls-high-res-image-1 virtual-tour-304587-mls-high-res-image-2 virtual-tour-304587-mls-high-res-image-2 virtual-tour-304587-mls-high-res-image-2 virtual-tour-304587-mls-high-res-image-2 virtual-tour-304587-mls-high-res-image-2 virtual-tour-304587-mls-high-res-image-2 virtual-tour-304587-mls-high-res-image-2 virtual-tour-304587-mls-high-res-image-2 virtual-tour-304587-mls-high-res-image-2 virtual-tour-304587-mls-high-res-image-2 virtual-tour-304587-mls-high-res-image-3 virtual-tour-304587-mls-high-res-image-3 virtual-tour-304587-mls-high-res-image-3 virtual-tour-304587-mls-high-res-image-3 virtual-tour-304587-mls-high-res-image-3 virtual-tour-304587-mls-high-res-image-3 virtual-tour-304587-mls-high-res-image-3 virtual-tour-304587-mls-high-res-image-3 virtual-tour-304587-mls-high-res-image-3 virtual-tour-304587-mls-high-res-image-3 virtual-tour-304587-mls-high-res-image-4 virtual-tour-304587-mls-high-res-image-4 virtual-tour-304587-mls-high-res-image-4 virtual-tour-304587-mls-high-res-image-4 virtual-tour-304587-mls-high-res-image-4 virtual-tour-304587-mls-high-res-image-4 virtual-tour-304587-mls-high-res-image-4 virtual-tour-304587-mls-high-res-image-4 virtual-tour-304587-mls-high-res-image-4 Laundry Room Additional Street Side View Street Side View of Parking area. Owner says room to build another 1 Bedroom Unit Plenty of Covered Parking Here! Workshop and Laundry Covered Parking with water view Enclosed Storage Plenty of Street Side Parking for multiple vehicles and Trailers

Property Description
As one of the first properties licensed in Marathon for vacation rentals, this Manatee Lagoon full-duplex is a superb opportunity to own an income-producing residence in a desirable area of the Florida Keys. This unit offers four bedrooms and two full bathrooms, and two half bathrooms with a complete set up for boats and all of your toys with dockage and storage. The concrete seawall two-finger pier docks can accommodate a 50 ft. vessel on the outside slips with two smaller vessels fitting in the interior slips. As an ideal space for enjoying the outdoors, this home has gorgeous water views from the open-air balconies overlooking the newly constructed Marina across the lagoon.

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Bank Owned: No
Species List: Yes
Current Price: $765,000
Listing Date: 2021-01-06
Sold Price: $765,000
Location, Tax & Legal
Unit #: A & B
City: MARATHON
Off Shore Island: No
Mile Marker: 49.5
Marathon Neighborhood: Old Town East (25th to Sombrero)
Side: Ocean
Flood Zone: AE
Alternate Key #: 1399086
Handicap Access: No
Parcel #: 00325130-000100
Zoning: RH - Residential High
Deed Restrictions: Unknown
Legal: BK K PT LTS 1 AND 2 AMEND PLAT OF MARAMEADE SUBD KEY VACA PB3-185
Taxes: 5834.1
Tax Year: 2020
Pub Sewer HkUp: Yes
Street #: 5303
Street Name: Ocean
Street Suffix: Terrace
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Marameade Amd (49.5)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Multi-family
Waterfront: Yes
Control Depth: 6
Lot SqFt: 7990
Pool: No
Total Units: 0
Acres: 0.02
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 7
Style: Duplex
Year Built: 1988
Living Apx SqFt: 1856
Total Bedrooms: 4
Full Baths: 2
Half Baths: 2
Total Baths: 4
Remarks & Misc
Remarks – Consumer: As one of the first properties licensed in Marathon for vacation rentals, this Manatee Lagoon full-duplex is a superb opportunity to own an income-producing residence in a desirable area of the Florida Keys. This unit offers four bedrooms and two full bathrooms, and two half bathrooms with a complete set up for boats and all of your toys with dockage and storage. The concrete seawall two-finger pier docks can accommodate a 50 ft. vessel on the outside slips with two smaller vessels fitting in the interior slips. As an ideal space for enjoying the outdoors, this home has gorgeous water views from the open-air balconies overlooking the newly constructed Marina across the lagoon.
Directions: Turn onto 49th St Ocean then left on Ocean Ter. The house will be on your right side before it dead ends. Sign on property.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock: Composite
Boat Slip: 1
Tax Exemptions
None: 1
Appliances
Dryer: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Pets
Pets Allowed: 1
Cooling
Central Air: 1
Waterfront
Canal Front: 1
Waterview
Canal View: 1
Building Style
Above Flood: Unknown
Vehicle Storage
Car(s): 4+
Covered Parking: 1
Guest Parking: 1
Trailer Storage: 1
Construction
Frame: 1
Land Size
Less Than 1/4 Acre: 1
Furnished
Negotiable: 1
Terms
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Negotiable: 1
Roof
Metal Roof: 1
Financial Status
Bank Owned: No
Status Change Info
Sold Date: 2021-03-10
Sold Price: $765,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Canal Front
Waterview: Canal View
Dockage: Boat Slip
Vehicle Storage: Covered Parking; Guest Parking; Trailer Storage
Furnished: Negotiable
Cooling: Central Air
Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Appliances: Dryer; Oven; Range; Refrigerator; Washer
Construction: Frame
Roof: Metal Roof
Pets: Pets Allowed
Land Size: Less Than 1/4 Acre
Terms: Cash; Conventional; FHA; VA
Title: Negotiable
Supplements
There is plenty of parking for vehicles and boat trailers, along with a secure anglers room with dual bait freezers and plenty of room for fishing and boat gear. It is within walking distance to shopping, post office, movie theater, and amenities.

Listing Office: Ocean Sotheby's International Realty

Last Updated: September - 01 - 2024

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