1415 Ocean Terrace, Marathon, FL 33050 (MLS# 612085)

1415 Ocean Terrace, Marathon, FL 33050

$325,000

Virtual Tour

https://tours.realestatefloridakeys.com/idx/1415-Ocean-Terrace-MARATHON-FL-33050/4894282

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 964 Lot Size (sq. ft.): 3,250 Status: Active

Current Price: $325,000 List Date: 11/02/2024 Last Modified: 11/23/2025

Description

Great Value with the building right and land value in Marathon. Fantastic Investor Opportunity or Employee Housing in this conch house in need of a little TLC. Wood Frame home built in 1948. Fenced in yard with room to park multiple vehicles. Metal Roof from 2013. Home has 2 front entrances and a split floorplan, giving the home some unique possibilities. Waterview possible if a new stilted home is built on the lot in the future. Will need to be a cash deal, rehab loan, or owner financing. Set up your preview today! Owner is motivated to sell

More Information MLS# 612085

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Species List: No Current Price: $325,000 Listing Date: 2024-11-02 List Price: $325,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 48 Marathon Neighborhood: Old Town West (11th to 25th) Side: Ocean Flood Zone: AE Alternate Key #: 1401081 Parcel #: 00326990-000000 Zoning: R-MH - Residential - MH Deed Restrictions: Unknown Legal: BK 4 NELY 65 FT LT 6 PARRISH SUB MARATHON SUB SUB OF GOV LT 2 SEC 9 TWP 66S R 32 E PB2-18 OR367-372 OR870-195 OR942-232 Taxes: 2988.03 Tax Year: 2023 Pub Sewer HkUp: Yes Street #: 1415 Street Name: Ocean Street Suffix: Terrace Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Parrish Sub (48.0) Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: No Control Depth: 0 Lot SqFt: 3250 Pool: No Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.07 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 1948 Living Apx SqFt: 964 Total Bedrooms: 2 Full Baths: 2 Total Baths: 2

Remarks & Misc

Remarks – Consumer: Great Value with the building right and land value in Marathon. Fantastic Investor Opportunity or Employee Housing in this conch house in need of a little TLC. Wood Frame home built in 1948. Fenced in yard with room to park multiple vehicles. Metal Roof from 2013. Home has 2 front entrances and a split floorplan, giving the home some unique possibilities. Waterview possible if a new stilted home is built on the lot in the future. Will need to be a cash deal, rehab loan, or owner financing. Set up your preview today! Owner is motivated to sell Directions: From Overseas Hwy, Turn onto 15th Street and then make a right onto Ocean Terrace. Home is located at the end of the street on the left.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dryer: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Wall/Window Unit(s): 1

Waterfront

None: 1

Waterview

No Waterview: 1

Floor

Combo: 1 Tile: 1

Property Condition

Fixer Upper: 1

Specialty Rooms

Laundry Room: 1

Building Style

Above Flood: Unknown Ground Level: 1

Windows/Doors

Single Hung Windows: 1 Sliding Glass Doors: 1

Vehicle Storage

Open Parking: 1 Off Street Parking: 1

Security

No Security: 1

Construction

Frame: 1 Other: 1

Land Size

Less Than 1/4 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Seller Finance Psble: 1 Other Specify: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1

Title

Title Ins - Buyer: 1

Exterior Features

Shed: 1

Roof

Combo Roof: 1 Metal Roof: 1

Status Change Info

Status: Active

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Property Condition: Fixer Upper Building Style: Ground Level Vehicle Storage: Off Street Parking; Open Parking Furnished: Unfurnished Cooling: Wall/Window Unit(s) Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer Specialty Rooms: Laundry Room Appliances: Dryer; Microwave; Oven; Refrigerator; Washer Exterior Features: Shed Construction: Frame; Other Floor: Combo; Tile Roof: Combo Roof; Metal Roof Pets: Pets Allowed Security: No Security Land Size: Less Than 1/4 Acre Terms: Cash; Seller Finance Psble; Other Specify Title: Title Ins - Buyer

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: November - 23 - 2025

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