Skip To Content

3112 SE 29TH Terrace

Okeechobee, FL 34974
  • $646,000
  • STATUS: Active
  • ON SITE: 159 Days
  • MLS #: TB8506334
Price Reduced
UPDATED: 13 min ago
$646,000
  • 5
    BEDS
  • 0.25
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,300
    SQFT
  • $281
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1971
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

Monthly Payment Calculator




© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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; 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. Data last updated 2026-10-16T22:44:27.603.
www.cartwrightrealtyoftampa.com/homes/176298927
Print Image

3112 SE 29TH Terrace Okeechobee, FL 34974

  • Price: $646,000
  • Status: Active
  • On Site: 159 Days
  • Updated: 13 min ago
  • MLS #: TB8506334
5
Beds
5
Baths
0
½ Baths
0.25
Acres
2,300
SQFT
$281
$/SQFT
1971
Built
Neighborhood:
Taylor Crk Dev
County:
Okeechobee
Area:
Okeechobee
Elementary School:
Everglades Elementary
Middle School:
Yearling Middle School
High School:
Okeechobee High School
Property Description
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.
Exterior Features

Additional Water Information TAYLOR CREEK WITH ACCESS TO LAKE OKEECHOBEE Carport Spaces 1 Carport Yn Yes Construction Materials BlockConcrete Covered Spaces 1 Direction Faces West Exterior Features LightingOutdoor KitchenSliding DoorsStorage Foundation Details Slab Lot Features Cul-De-SacStreet Dead-End Other Structures OtherOutdoor KitchenStorage Patio And Porch Features PatioScreened Pool Private Yn No Road Frontage Type Street Dead-End Road Surface Type Asphalt Roof Other Spa YN No View Water Water Access Canal - FreshwaterLake Water Access Yn Yes Water Body Name TAYLOR CREEK Water Extras Assigned Boat SlipBoat Ramp - PrivateSeawall - Concrete Water Extras Yn Yes Water View Canal Water View Yn Yes Waterfront Features Canal - Freshwater Waterfront Yn Yes

Interior Features

Additional Rooms Florida RoomInside UtilityStorage Rooms Appliances MicrowaveRangeRefrigerator Building Area Total 3805 Building Elevator Yn No Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Yn No Flooring VinylHardwood Furnished Furnished Heating Other Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Laundry RoomOutside Levels One Rooms Bathroom 2 Primary Bedroom (Ceiling Fan(s)Built-in Closet) Kitchen Studio Living Room Sewer Private Sewer Water Source Public Window Features Shades

Property Features

Additional Parcels YN Yes Association Yn No Building Name Number 3112 / 3122 Cdd Yn No Down Payment Resource Yes Flood Zone Code AE Floor Number 1 Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Minimum Lease No Minimum Month To Month Or Weekly Yn Yes New Construction Yn No Occupant Type Tenant Ownership Fee Simple Property Sub Type Single Family Residence Realtor Info As-Is Security Features Security Lights Senior Community Yn No Special Listing Conditions None Tax Annual Amount 4561 Total Annual Fees 0 Total Monthly Fees 0 Utilities Other Zoning RM


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of IMPACT REALTY TAMPA BAY: 813-321-1200.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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; 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. Data last updated 2026-10-16T22:44:27.603.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_3_TB8506334-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_3_TB8506334-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_3_TB8506334-2.jpg
Logo
Cartwright Realty
24638 State Road 54
Lutz FL, 33599