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$646,000

5 Beds 5 Baths 2,300 SQFT 0.25 Acres
Type: Single Family

3112 SE 29TH TERRACE
OKEECHOBEE, FL 34974

MLS#: TB8506334
Michaelee Jenkins
Michaelee Jenkins
The Real Estate Advantage
Broker Associate | REALTOR® | Team Jenkins | REMAX Advantage Plus
Phone: 952.992.9299
Office: 952.253.5600
Presented by: IMPACT REALTY TAMPA BAY with 813-321-1200. - 813-321-1200

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.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Half Baths0
Total Baths5

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl, Hardwood
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesLaundry Room, Outside
Window FeaturesShades

General

Additional Parcels DescriptionR1-25-37-35-0010-00020-0100
Additional Parcels Y/NYes
Additional RoomsFlorida Room, Inside Utility, Storage Rooms
AppliancesMicrowave, Range, Refrigerator
Body of WaterTAYLOR CREEK
Building Area Units0 sqft
Carport Spaces1
Carport Y/NYes
CityOKEECHOBEE
Construction MaterialsBlock, Concrete
CoolingCentral Air, Wall/Window Unit(s)
CountyOkeechobee
DirectionsHwy 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.
DockY/NYes
Elementary SchoolEverglades Elementary
Facing DirectionWest
Flood Zone CodeAE
Full Baths5
Garage Y/NNo
HeatingOther
High SchoolOkeechobee High School
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionTAYLOR 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
LevelsOne
Living Area Units0 sqft
Lot Size Square Feet10,846 sqft
Lot Size UnitsSquare Feet
MLS Area34974 - Okeechobee
Middle/Junior High SchoolYearling Middle School
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeTenant
Other StructuresOther, Outdoor Kitchen, Storage
OwnershipFee Simple
Patio/Porch FeaturesPatio, Screened
Property SubtypeSingle Family Residence
Property TypeResidential
RoofOther
Security FeaturesSecurity Lights
Senior Community Y/NNo
SewerPrivate Sewer
Standard StatusActive
StatusActive
Subdivision NameTAYLOR CRK DEV
Tax Annual Amount$4,561
Tax Lot9
Tax Year2025
Total Rooms5
UtilitiesOther
ViewWater
Water Access TypeCanal - Freshwater, Lake
Water Access Y/NYes
Water ViewCanal
Water View Y/NYes
Waterfront FeaturesCanal - Freshwater
Year Built1971
ZoningRM

Exterior

Building Area Total3,805 sqft
Covered Spaces1
Exterior AmenitiesLighting, Outdoor Kitchen, Sliding Doors, Storage
Foundation DetailsSlab
Lot FeaturesCul-De-Sac, Street Dead-End
Lot Size Acres0.25
Lot Size Area10,846 sqft
Number of Lots2
Private PoolNo
Road Frontage TypeStreet Dead-End
Road Surface TypeAsphalt
SpaNo
VegetationMature Landscaping
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

  

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$646,000

5 Beds 5 Baths 2,300 SQFT 0.25 Acres
Type: Single Family

3112 SE 29TH TERRACE
OKEECHOBEE, FL 34974

MLS#: TB8506334
Michaelee Jenkins
Michaelee Jenkins
The Real Estate Advantage
Broker Associate | REALTOR® | Team Jenkins | REMAX Advantage Plus
Phone: 952.992.9299
Office: 952.253.5600