3112 Se 29th Terrace

OKEECHOBEE, FL
$ 648,000 Beds 5 Baths 5 Sq 2,300
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 648,000
  • City
  • OKEECHOBEE
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • Okeechobee
  • Half Bathrooms
  • 0
  • Area
  • Okeechobee
  • Lot Size
  • 0.25 Acres
  • Zip
  • 34974
  • Sqr Footage
  • 2,300
  • Year Built
  • 1971
  • Taxes
  • $ 4561
  • Style
  • Single Family Residence
  • MLS#
  • TB8506334
Listed By: IMPACT REALTY TAMPA BAY with 813-321-1200. - 813-321-1200
Data Source: Stellar MLS

Features

General

Sewer Private Sewer
Heating Other
Cooling Central Air,Wall/Window Unit(s)
Utilities Other
Roof Other
Appliances Microwave,Range,Refrigerator
Zoning RM
Patio/Porch Features Patio,Screened
Security Features Security Lights
Construction Materials Block,Concrete
Year Built 1971
View Water
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal - Freshwater
Additional Parcels Description R1-25-37-35-0010-00020-0100
County Okeechobee
New Construction false
Property Type Residential
Subdivision Name TAYLOR CRK DEV
Facing Direction West
Garage Y/N false
Other Structures Other,Outdoor Kitchen,Storage
Total Rooms 5
Full Baths 5
Status Active
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.
High School Okeechobee High School
City OKEECHOBEE
Body of Water TAYLOR CREEK
Senior Community Y/N false
MLS Area 34974 - Okeechobee
Lot Size Units Square Feet
Lot Size Square Feet 10846
Carport Spaces 1
Carport Y/N true
Elementary School Everglades Elementary
Land Lease Y/N false
Tax Annual Amount 4561
Middle/Junior High School Yearling Middle School
Additional Parcels Y/N true
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 9
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
Water View Canal
Water Access Type Canal - Freshwater,Lake
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Florida Room,Inside Utility,Storage Rooms
Water View Y/N true
Flood Zone Code AE
In Law Suite YN false
DockY/N true

Interior Features

Interior Amenities Ceiling Fan(s)
Flooring Vinyl,Hardwood
Furnished Y/N Furnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Shades
Fireplace Y/N false
Laundry Features Laundry Room,Outside
Total Bedrooms 5
LivingAreaSource Public Records
Total Baths 5

Exterior Features

Exterior Amenities Lighting,Outdoor Kitchen,Sliding Doors,Storage
Vegetation Mature Landscaping
Lot Features Cul-De-Sac,Street Dead-End
Water Source Public
Lot Size Area 10846
Foundation Details Slab
Spa false
Building Area Total 3805
Lot Size Acres 0.25
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N true
Covered Spaces 1
Road Frontage Type Street Dead-End
Number of Lots 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Cape Coral, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

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

Price History

5/9/2026 Listed $649,000
8/11/2026 Listed $648,000

Property vs Zip Code Average in 34974

Price
AVG $380K
$650K
Taxes
AVG $3,234
$4,561
Year Built
AVG 1994
1971

Areas That We Cover

3112 Se 29th Terrace OKEECHOBEE, FL is a Single Family Home for sale at $648000 with 2300 sqft and a lot size of 0.25 Acres Acre(s). 3112 Se 29th Terrace OKEECHOBEE has 5 bedrooms, 5 baths and was built in 1971. The property's zip code is 34974 which is in OKEECHOBEE, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.