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 | 523 |
| Zoning | RM |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | IMPACT REALTY TAMPA BAY |
|---|