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Wade M. Berlin

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Tropic Shores Realty
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3112 29th Terrace
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PRICED AT ONLY: $649,000

Address: 3112 29th Terrace, OKEECHOBEE, FL 34974

Description

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.
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  • MLS#: TB8506334 ( Residential )
  • Street Address: 3112 29th Terrace
  • Viewed: 15
  • Price: $649,000
  • Price sqft: $171
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Freshwater
  • Year Built: 1971
  • Bldg sqft: 3805
  • Bedrooms: 5
  • Total Baths: 5
  • Full Baths: 5
  • Garage / Parking Spaces: 1
  • Days On Market: 4
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Outdoor Kitchen, Sliding Doors, Storage
  • Flooring: Vinyl, Wood
  • Living Area: 2300.00
  • Other Structures: Other, Outdoor Kitchen, Storage
  • Roof: Other
Land Information
  • Lot Features: Cul-De-Sac, Street Dead-End
School Information
  • High School: Okeechobee High School
  • Middle School: Yearling Middle School
  • School Elementary: Everglades Elementary
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 1.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Other
  • Sewer: Private Sewer
  • Utilities: Other
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Microwave, Range, Refrigerator
  • Country: US
  • Furnished: Furnished
  • Interior Features: Ceiling Fans(s)
  • 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
  • Levels: One
  • Area Major: 34974 - Okeechobee
  • Occupant Type: Tenant
  • Parcel Number: R1-25-37-35-0010-00020-0090
  • View: Water
  • Views: 15
  • Zoning Code: RM

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin