3112 Se 29th Terrace, Okeechobee, FL 34974

$649,000
5
BD
5
BA
2,300
SqFt

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List Price
$649,000
Status
ACTIVE
MLS#
TB8506334
Bedrooms
5
Bathrooms
5
Living Area
2,300
Subdivision
Taylor Crk Dev

Property 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.

Additional Information

Year Built
1971
Construction
Block, Concrete
Living Area
2,300
Acres
0.25
Interior Features
Ceiling Fans(s)
Cooling
Central Air, Wall/Window Unit(s)
Heating
Other
Garage Description
1 Car Carport
Exterior Features
Lighting, Outdoor Kitchen, Sliding Doors, Storage
View
Water
Waterfront
Yes
Waterfront Description
Canal - Freshwater
Water
Boatable Water, Lake Front
Sewer
Private Sewer

Listing courtesy of IMPACT REALTY TAMPA BAY.

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