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About This Home
This 5-bedroom, 5-bathroom single family at 3112 SE 29TH TERRACE in Okeechobee, FL is listed for $649,000 ($282 per sqft). Built in 1971, the home offers 2,300 sqft of living space on a 0.25 acres lot.
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.
Key Features
- Built in 1971
- 0.25 acre lot
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$3,471/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3112 SE 29TH TERRACE
Okeechobee, FL 34974
TAYLOR CRK DEV
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Cooling
Appliances
Questions & Answers
This 5-bedroom, 5-bathroom single family at 3112 SE 29TH TERRACE is listed at $649,000 ($282/sqft). The estimated monthly payment is $2,812 based on 20% down at 6.5% interest.
Key features include: Built in 1971, 0.25 acre lot, Waterfront. Interior Features: Ceiling Fans(s). Exterior Features: Lighting, Outdoor Kitchen, Sliding Doors.
This property is listed by Javy Torres and can be reached at 8136442844 or Javy.Torres.Realtor@gmail.com.





