3112 Se 29th Terrace, OKEECHOBEE, FL

$655,000

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5

Beds

5

Baths

2,300

Square feet

0.25

Acres

About 3112 Se 29th Terrace

INVESTMENT OPPORTUNITY... IMMEDIATE CASH FLOW... TWO picturesque WATERFRONT canal PARCELS, granting access to Lake Okeechobee. Parcel 3112 boasts 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. CURRENTLY all five units are occupied by long-term RENTERs. 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 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). Don't miss this fantastic opportunity to own a tranquil and welcoming waterfront INVESTMENT PROPERTY with spectacular views and all kinds of wildlife.

Features of 3112 Se 29th Terrace

MLS® # T3521762
Price $655,000
Bedrooms 5
Bathrooms 5.00
Square Footage 2,300
Acres 0.25
Year Built 1971
Type Residential Income
Sub-Type Multi Family
Status Active

Community Information

Address 3112 Se 29th Terrace
Area Okeechobee
Subdivision TAYLOR CRK DEV
City OKEECHOBEE
County Okeechobee
State FL
Zip Code 34974-6857

Amenities

Parking Boat, Open
View Water
Is Waterfront Yes
Waterfront Canal - Freshwater
Has Pool No

Interior

Interior Features Ceiling Fan(s)
Appliances Microwave, Range, Refrigerator
Heating Central, Other
Cooling Central Air, Wall/Window Unit(s)
Fireplace No

Exterior

Exterior Features Outdoor Kitchen, Sliding Doors
Lot Description Cul-De-Sac, Street Dead-End
Roof Other
Foundation Slab

School Information

Elementary Everglades Elementary
Middle Yearling Middle School
High Okeechobee High School

Additional Information

Date Listed April 26th, 2024
Days on Market 499
Zoning RM
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeIMPACT REALTY TAMPA BAY

Listing Map

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