- 5 beds
- 5 baths
- 2,297 sqft
3112 SE 29th TerraceOkeechobee, FL, 34974
- Price per sqft
- $281
- Days on market
- 165
- Listed
- May 9
- Last reduction
- −$1,000
- Oct 8, 2026
About this property
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.
Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Property type
- Single Family Residence
- Street address
- 3112 SE 29th Terrace
- City
- Okeechobee
- State
- FL
- ZIP code
- 34974
- Year built
- 1971
- New construction
- No
- Faces
- West
- Rooms
- 5
- Living area
- 2,300 sqft
- Total building area
- 3,805 sqft
- Levels
- One
Price & sale history
Asking price reduced by $3,000 (0.5%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #TB8506334 | $646,000Change: −0.5%−$3,000 | −0.5%−$3,000 | |
| Listed for saleMLS #TB8506334 | $649,000 | Not applicable |
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