3112 29th Terrace, OKEECHOBEE, FL 34974
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Priced at Only: $649,000
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Address: 3112 29th Terrace, OKEECHOBEE, FL 34974
Property Location and Similar Properties
- MLS#: TB8506334 ( Residential )
- Street Address: 3112 29th Terrace
- Viewed: 10
- Price: $649,000
- Price sqft: $171
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Canal - Freshwater
- Year Built: 1971
- Bldg sqft: 3805
- Bedrooms: 5
- Total Baths: 5
- Full Baths: 5
- Garage / Parking Spaces: 1
- Days On Market: 2
- Additional Information
- Geolocation: 27.2154 / -80.7977
- County: OKEECHOBEE
- City: OKEECHOBEE
- Zipcode: 34974
- Subdivision: Taylor Crk Dev
- Elementary School: Everglades
- Middle School: Yearling
- High School: Okeechobee
- Provided by: IMPACT REALTY TAMPA BAY
- Contact: Javy Torres
- 813-321-1200

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DescriptionInvestment opportunity... Immediate cash flow... Multi unit. Two picturesque waterfront canal parcels, granting access to lake okeechobee. Parcel 3112 boasts 75' of waterfront, two robust concrete block structures, one encompassing a single family home (1,200 sqft heated) ingeniously transformed into a profitable duplex, 1br/1bath apt with kitchen & a studio with separate kitchen and bathroom. Adjacent stands the second building (1,100 sqft heated), housing a lucrative triplex featuring three studio units. All five units are furnished and equipped with essential appliances ideal for short or long term rentals. Additionally, the property includes four 4'w x 3'd storage lockers, a 9'x 16' laundry/utility room, and single car port with 5'x 7'storage. Parcel 3122 presents an open oasis of leisure with over 200' waterfront and space suitable for a double wide mobile home. This parcel also features a screened 10'x 14' florida room with convenient appliances for cleaning and cooking the day's fresh catch. A private boat ramp beckons alongside a wooden boat dock ensuring a seamless blend of comfort and functionality. New owners can purchase with current renters or start empty. Owner paid utility authority for conversion from septic to city sewage ($14k buyer savings). A must see. Don't miss this fantastic opportunity to own a tranquil and welcoming waterfront investment property with spectacular views, wildlife, and a front seat to florida living.
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Lighting, Outdoor Kitchen, Sliding Doors, Storage
- Flooring: Vinyl, Wood
- Living Area: 2300.00
- Other Structures: Other, Outdoor Kitchen, Storage
- Roof: Other
Land Information
- Lot Features: Cul-De-Sac, Street Dead-End
School Information
- High School: Okeechobee High School
- Middle School: Yearling Middle School
- School Elementary: Everglades Elementary
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 1.00
- Cooling: Central Air, Wall/Window Unit(s)
- Heating: Other
- Sewer: Private Sewer
- Utilities: Other
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2025
Other Features
- Appliances: Microwave, Range, Refrigerator
- Country: US
- Furnished: Furnished
- Interior Features: Ceiling Fans(s)
- Legal Description: TAYLOR CREEK DEVELOPMENT (PLAT BOOK 2 PAGE 90); A REVISED AND ADDITION TO PLAT OF TAYLOR CREEK DEVELOPMENT (PLAT BOOK 2 PAGE 93) AND REVISED PLAT NO 2 (PLAT BOOK 3 PAGE 8) LOT 9 BLOCK 2; PARCEL 3112, 1-25-37-35-0010-00020-0090 & PARCEL 3122, 1-25-37-35-0010-00020-0100
- Levels: One
- Area Major: 34974 - Okeechobee
- Occupant Type: Tenant
- Parcel Number: R1-25-37-35-0010-00020-0090
- View: Water
- Views: 10
- Zoning Code: RM
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