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INVESTMENT OPPORTUNITY... IMMEDIATE CASH FLOW... TWO picturesque $655,000

3112 SE 29TH TERRACE, Okeechobee, FL 34974

5 br, 5.0 ba, 1971 2300 sf
Okeechobee County
Ad #: 4877051

Lake Home For Sale

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. Don't miss this fantastic opportunity to own a tranquil and welcoming waterfront INVESTMENT PROPERTY with spectacular views and all kinds of wildlife.

Property Details

  • Beds: 5
  • Baths: 5.0
  • Sq Feet: 2300
  • Year Built: 1971
  • Location: Lake Okeechobee
  • Acres: 0.250
  • Lakefront: Yes
  • Lakeview: Yes
  • Has Dock? Yes
  • County: Okeechobee County
  • Community: TAYLOR CRK DEV
  • Garage: Carport
  • Siding: Block, Concrete
  • Roof:
  • Property Taxes: $3,856
  • MLS #: T3521625

Location

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Contact Information:

Contact Agent
Listing Agent: Javy Torres, Impact Realty Tampa Bay, 347-844-1011, 813-321-1200 Listing Site, Listing Status: Active
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Okeechobee, Florida
Ad Number : 4877051
Viewed: 474 times
Added: Apr 26, 2024
Updated on: Jun 16, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.