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Property for sale at 3112 SE 29TH TERRACE, OKEECHOBEE, FL, 34974
Property for sale at 3112 SE 29TH TERRACE, OKEECHOBEE, FL, 34974
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3112 SE 29th TerraceOkeechobee, FL, 34974

5beds
5baths
2,300sqft
Single Family Residence
Built in 1971
$646,000
For sale
$649,000−$3,000
Price per sqft
$281
Days on market
165
Listed
May 9
Last reduction
−$1,000
Oct 8, 2026
MLS #TB8506334Updated 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.

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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

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $3,000 (0.5%) since first listed.

EventPrice
Price reducedMLS #TB8506334$646,000Change: −0.5%−$3,000
Listed for saleMLS #TB8506334$649,000
History may be incomplete.
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Location

Property for sale at 3112 SE 29TH TERRACE, OKEECHOBEE, FL, 34974
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