3112 Se 29th Terrace, Okeechobee, FL 34974

$649,000
5
BD
5
BA
2,300
SqFt

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List Price
$649,000
MLS#
TB8506334
Bedrooms
5
Bathrooms
5
Sq. Ft
2,300
Lot Size
10,846
Subtype
Single Family
County
Okeechobee
Community
No Deed Restriction
Subdivision
Taylor Crk Dev
Region
Okeechobee
Year Built
1971

Property Description

INVESTMENT 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.

Additional Information

Heating
Other
Cooling
Central Air, Wall/Window Unit(s)
Roof
Other
Sewer
Private Sewer
Water
Boatable Water, Lake Front
Water View
Yes
Water Access
Yes
Exterior Features
Lighting, Outdoor Kitchen, Sliding Doors, Storage
Construction
Block, Concrete
Living Area
2,300
Elementary School
Everglades Elementary
Middle School
Yearling Middle School
High School
Okeechobee High School

Listing courtesy of IMPACT REALTY TAMPA BAY. Contact: 813-321-1200

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