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$675,000   Price Analysis
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3112 SE 29th Ter
Okeechobee, FL 34974
5 bed 5 bath 2,300 SqFt ($293/SqFt)
0.25 acre lot. Built 1971
Listed 2024-04-26, Taxes $3,375
USDA Eligible
near Okeechobee, FL
 Restrictions may apply
due to home size

INVESTMENT OPPORTUNITY not to be overlooked.

TWO picturesque WATERFRO NT canal PARCELS, granting access within 10 minutes 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. Adjacent stands the SECOND building (1, 100 sqft heated), husing a lucrative TRIPLEX featuring three Studio Apartments. All FIVE units are thoughtfully furnished and equipped with essential appliances; currently occupied by long-term tenants.

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. Don't miss this fantastic opportunity to own a tranquil and welcoming waterfront INVESTMENT PROPERTY with spectacular views and all kinds of wildlife.


Presented by Javy Torres at
IMPACT REALTY TAMPA BAY.
Listing Agent Photo

Property MLS #T3521762 from StellarMLS

Bedrooms: 5

Total Bathrooms: 5
Full Bathrooms: 5

Ceiling Fans(s)
Furnished Description: Furnished
Flooring: Vinyl, Wood

Microwave
Range
Refrigerator
Laundry Features: Laundry Room, Outside

Cooling Features: Central Air, Wall/Window Unit(s)
Heating Features: Central

Extra Room-1 Description: Florida Room, Inside Utility, Storage Rooms

Water Body Name: TAYLOR CREEK WITH ACCESS TO LAKE OKEECHOBEE
Water Features: Canal - Freshwater, Lake
Canal - Freshwater
Waterfront Feet: 145

Outdoor Kitchen
Sliding Doors
Road Surface Type: Gravel

Additional Parcels Description: 1-25-37-35-0010-00020-0100
Lot Description: Cul-De-Sac, Street Dead-End
Lot Size Acres: 0.25
Number of Lots: 2
Lot Size Square Feet: 10846

Carport Spaces: 1
Parking Features: Boat, Open

View: Water

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 5
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2

Elementary School: Everglades Elementary
High School: Okeechobee High School
Middle School: Yearling Middle School

Everglades Elementary School is a public elementary school located approximately 1.6 miles away.
directions icon Map directions

Osceola Middle School is a public middle school located approximately 2.5 miles away.
directions icon Map directions

Okeechobee High School is a public high school located approximately 4.1 miles away.
directions icon Map directions

Okeechobee Christian Academy is a private elementary, middle and high school located approximately 2.5 miles away.
directions icon Map directions

Gross Income: 57200

Annual Tax Amount: 3856
Source Listing Status: Active
County: Okeechobee
Directions: Hwy 441 SE down to SE 33rd Terrace, turn left and proceed down to SE 29th Terrace. Arrive at cul de sac to property on left along the water.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 34974 - Okeechobee
Source Neighborhood: TAYLOR CRK DEV
Parcel Number: R1-25-37-35-0010-00020-0090
Postal Code Plus 4: 6857
Subdivision: TAYLOR CRK DEV
Township: 37S
Zoning: RM
Property Subtype: Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$169,730 + $24,000
$193,730
$3,375
2021$131,170 + $16,000
$147,170
$3,026
2020$114,649 + $16,000
$130,649
$2,781
2019$110,877 + $15,000
$125,877
$2,700
2018$100,305 + $13,000
$113,305
$2,552
2017$unknown + $unknown
$89,804
$1,703
2016$unknown + $unknown
$87,582
$1,706
2015$unknown + $unknown
$85,748
$1,723
2014$unknown + $unknown
$82,504
$1,582
2013$unknown + $unknown
$81,747
$1,582
2012$unknown + $unknown
$87,189
$1,721
2011$unknown + $unknown
$94,803
$1,830
2010$unknown + $unknown
$112,978
$2,043
2009$unknown + $unknown
$132,688
$2,136
2008$unknown + $unknown
$165,215
$2,331
2007$unknown + $unknown
$154,944
$2,301

Listed 2024-04-26
$675,000
StellarMLS
Listed 2024-04-26
$675,000
StellarMLS
Listing removed 2024-03-20
$725,000
StellarMLS
Listing removed 2024-03-20
$725,000
MiamiMLS
Listed 2023-04-13
$725,000
StellarMLS
Relisted 2023-03-22
$725,000
MiamiMLS
Listing removed 2023-03-20
$725,000
MiamiMLS
Price Changed 2023-01-19
$725,000
MiamiMLS
Listed 2022-03-21
$750,000
MiamiMLS

Total Square Feet Living: 2300
Year Built: 1971
Building Name: 3112 & 3122
Construction Materials: Block, Concrete
Foundation Details: Slab
Property Age: 53

Sewer: Private Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.