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3112 SE 29th Ter, Okeechobee, FL, 34974

5beds
5baths
2,300sqft
$649,000
$282price/sqft
$5,339/moest. monthly cost
$213,560/yrincome needed

About This Home

INVESTMENT OPPORTUNITY... 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.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

3/10
2/10
Osceola Middle SchoolGrades 6-82.5 mi
3/10
Okeechobee High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Slab
  • Roof: Other
  • Construction materials: Block,Concrete

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator
  • Laundry features: Laundry Room,Outside

Bathroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Ceiling Fan(s)
  • Door features: Outdoor Kitchen,Sliding Doors
  • Flooring: Vinyl,Hardwood

Heating & Cooling

  • Heating features: Other
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,805
  • Total interior livable area: 2,300 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Other

  • Level: First

Primary Bedroom

  • Features: Ceiling Fan(s),Built-in Closet
  • Level: First

Property

Details

  • Parcel number: R12537350010000200090
  • Zoning: RM
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Screened
  • Exterior features: Lighting,Outdoor Kitchen,Storage,Boat Slip
  • Has view: Yes
  • View description: Water,Canal
  • Has water view: Yes
  • Water view: Water,Canal
  • On waterfront: Yes
  • Waterfront features: Canal - Freshwater,Freshwater Canal Access,Lake Privileges,Boat Ramp - Private,Seawall
  • Waterbody name: TAYLOR CREEK
  • Residential vegetation: Mature Landscaping

Lot

  • Lot size: 10,846 sqft
  • Features: Cul-De-Sac,Street Dead-End

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1