$655,000
$20K PRICE DROP

3112 SE 29th Terrace Okeechobee, FL 34974

Estimated payment $3,945/month

Total Views 19,337
5 Beds
5 Baths
2,300 Sq Ft
$285 Price per Sq Ft

Highlights

  • 145 Feet of Fresh Water Canal Waterfront
  • Assigned Boat Slip
  • Boat Ramp
  • Dock Has No Access To Electricity
  • Parking available for a boat
  • Access To Lake

About This Home

INVESTMENT OPPORTUNITY... IMMEDIATE CASH FLOW... TWO picturesque WATERFRONT canal PARCELS, granting access to Lake Okeechobee. Parcel 3112 boasts 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. CURRENTLY all five units are occupied by long-term RENTERs. 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 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. Don't miss this fantastic opportunity to own a tranquil and welcoming waterfront INVESTMENT PROPERTY with spectacular views and all kinds of wildlife.

Listing Agent

Javy Torres

IMPACT REALTY TAMPA BAY Brokerage Phone: 813-321-1200 License #3494027 Listed on: 04/26/2024

IMPACT REALTY TAMPA BAY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • 145 Feet of Fresh Water Canal Waterfront
  • Cul-De-Sac
  • Street terminates at a dead end
  • Additional Parcels

Home Design

  • Slab Foundation
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,300 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Sun or Florida Room
  • Storage Room
  • Inside Utility
  • Canal Views
  • Security Lights

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Carport Space
  • 8 Parking Garage Spaces
  • Open Parking
  • Parking available for a boat

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Access To Lake
  • Access to Freshwater Canal
  • Dock has access to water
  • Seawall
  • Boat Ramp
  • Assigned Boat Slip
  • Dock Has No Access To Electricity
  • Dock made with wood
  • Screened Patio
  • Outdoor Kitchen
  • Front Porch

Schools

  • Everglades Elementary School
  • Yearling Middle School
  • Okeechobee High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 9 / 1-25-37-35-0010-00020-009
  • Assessor Parcel Number R1-25-37-35-0010-00020-0090

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Taylor Crk Dev Subdivision

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Operating Expense $26,730
  • Gross Income $57,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,856

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2300
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1971
  • Lot Size Sq Ft: 10846
  • Number Of Lots: 2
  • Directions to Property: Hwy 441 SE down to SE 33rd Terrace, turn left and proceed down to SE 29th Terrace. Arrive at cul de sac to property on left along the water.
  • Status: Active
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow City: Tampa
  • Escrow Postal Code: 33606
  • Escrow State: FL
  • Escrow Street Name: S Howard Ave, Suite 204
  • Escrow Street Number: 701
  • List Office Head Office Key Nume: 518318647
  • RATIO Current Price By Calculate: 284.78
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_NumAssignedParkingSpaces: 8
  • MFR_DockDescription: Dock - Wood,Dock w/o Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • Attribution Contact: 813-321-1200
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Street Number Modifier: 3112
  • Additional Rooms: Florida Room,Inside Utility,Storage Rooms
  • Living Area Meters: 213.68

Exterior Features

  • Other Structures: Other
  • Exterior Features: Outdoor Kitchen, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: TAYLOR CREEK WITH ACCESS TO LAKE OKEECHOBEE
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Patio, Screened
  • Road Surface Type: Gravel
  • Water Access: Canal - Freshwater,Lake
  • Water Extras: Assigned Boat Slip,Boat Ramp - Private,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 145
  • Flood Zone Date: 2015-07-16
  • Flood Zone Panel: 12093C0485C
  • Water Frontage Feet Canal Fresh: 145

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Boat, Open

Utilities

  • Utilities: Other
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Other
  • Laundry Features: Laundry Room, Outside
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security Lights
  • Senior Community: No
  • Association 2 YN: 0
  • Building Name Number: 3112 & 3122

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Everglades Elementary
  • High School: Okeechobee High School
  • Middle Or Junior School: Yearling Middle School

Lot Info

  • Zoning: RM
  • Parcel Number: R1-25-37-35-0010-00020-0090
  • Additional Parcels Description: 1-25-37-35-0010-00020-0100
  • Additional Parcels: Yes
  • Lot Features: Cul-De-Sac, Street Dead-End
  • Flood Zone Code: AE
  • Lot Size Square Meters: 1008

Green Features

  • Green Indoor Air Qlty: No Smoking-Interior Buildg

Rental Info

  • Furnished: Furnished
  • Total Actual Rent: 4766
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 57200
  • Number Of Units Total: 5
  • Waterfront Features: Canal - Freshwater
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 2
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3856
  • Tax Block: 1-25-37-35-0010-00020-009
  • Tax Book Number: 2-90
  • Tax Lot: 9

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $655,000 0.0% $285 / Sq Ft
05/12/2025 05/12/25 For Sale $655,000 -0.6% $285 / Sq Ft
04/22/2025 04/22/25 Off Market $659,000 -- --
10/30/2024 10/30/24 For Sale $659,000 -2.4% $287 / Sq Ft
10/22/2024 10/22/24 Off Market $675,000 -- --
04/26/2024 04/26/24 For Sale $675,000 -- $293 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: T3521762

Stellar MLS

APN: 1-25-37-35-0010-00020-0090

Florida Okeechobee County Okeechobee 34974

3112 SE 29th Terrace, Okeechobee, FL

This home is located at 3112 SE 29th Terrace, Okeechobee, FL 34974 and is currently priced at $655,000, approximately $284 per square foot. This property was built in 1971. 3112 SE 29th Terrace is a home located in Okeechobee County with nearby schools including Everglades Elementary School, Osceola Middle School, and Okeechobee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes
Listing Agent
Javy Torres
Section Image
IMPACT REALTY TAMPA BAY
(863) 622-8054