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3112 29th Terrace, OKEECHOBEE, FL 34974
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3112 29th Terrace
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Would you like to sell your home before you purchase this one?
Priced at Only: $655,000
For more Information Call:
Address: 3112 29th Terrace, OKEECHOBEE, FL 34974
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  • MLS#: T3521762 ( Residential Income )
  • Street Address: 3112 29th Terrace
  • Viewed: 51
  • Price: $655,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Freshwater
  • Year Built: 1971
  • Bldg sqft: 0
  • Bedrooms: 5
  • Total Baths: 5
  • Garage / Parking Spaces: 1
  • Days On Market: 421
Description
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 theday'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. Don't miss this fantastic opportunity to own a tranquil and welcoming waterfront investment property with spectacular views and all kinds of wildlife.
Description
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 theday'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. Don't miss this fantastic opportunity to own a tranquil and welcoming waterfront investment property with spectacular views and all kinds of wildlife.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Outdoor Kitchen, Sliding Doors
  • Flooring: Vinyl, Wood
  • Living Area: 2300.00
  • Other Structures: Other
  • Roof: Other
Land Information
  • Lot Features: Cul-De-Sac, Street Dead-End
School Information
  • High School: Okeechobee High School
  • Middle School: Yearling Middle School
  • School Elementary: Everglades Elementary
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Boat, Open
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 1.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Other
  • Sewer: Private Sewer
  • Utilities: Other
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Microwave, Range, Refrigerator
  • Country: US
  • Furnished: Furnished
  • Interior Features: Ceiling Fans(s)
  • Legal Description: TAYLOR 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
  • Area Major: 34974 - Okeechobee
  • Occupant Type: Tenant
  • Parcel Number: R1-25-37-35-0010-00020-0090
  • View: Water
  • Views: 51
  • Zoning Code: RM
Nearby Subdivisions
Consolidated Land Co Sub   Taylor Crk Dev   That's Up To You!  

Contact Info

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Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. Mobile: 352.601.6367
  6. 352.601.6367
  7. mariancasteel@yahoo.com