3112 SE 29TH TERRACE at

3112 SE 29TH TERRACE

For sale Days on market 108

$648,000

$282/sq ft

$1,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1971

Sqft

2300

Property Type

Single Family Residence

Property Description

Price Improvement... INVESTMENT OPPORTUNITY... Possible Main Home with Rental Units... 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.

Property Details

MLS#

TB8506334

Address

3112 29TH SE

City

Okeechobee

State/county

Zip/Postal Code

34974

Area

Taylor Crk Dev

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,561

Maint Fee

$--

Tax Year

2025

Microwave

Range

Refrigerator

Water

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