$659,000
For Sale

3112 SE 29TH TERRACE

Okeechobee, FL 34974
5 beds | 0.25 acres | #T3521762
Browse 68 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

INVESTMENT OPPORTUNITY not to be overlooked. TWO picturesque WATERFRONT canal PARCELS, granting access within 10 minutes 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. Adjacent stands the SECOND building (1,100 sqft heated), housing a lucrative TRIPLEX featuring three Studio Apartments. All FIVE units are thoughtfully furnished and equipped with essential appliances; currently occupied by long-term tenants. 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. Don't miss this fantastic opportunity to own a tranquil and welcoming waterfront INVESTMENT PROPERTY with spectacular views and all kinds of wildlife.

  • Interior Details
      • InteriorCeiling Fans(s)
    • Beds & Baths
      • Bedrooms5
  • Property Details
      • Exterior MaterialsOutdoor Kitchen, Sliding Doors
      • Lot DescriptionCul-De-Sac, Street Dead-End
      • ViewWater
    • Measurements
      • Acres0.25
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1971
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationPrivate Sewer
      • Utility SourcePublic
      • Utility FeaturesOther
  • Community and Neighborhood Details
      • SubdivisionTAYLOR CRK DEV
    • Location
      • Middle SchoolYearling Middle School
      • High SchoolOkeechobee High School
      • Elementary SchoolEverglades Elementary
      • CountyOkeechobee
  • Financial Details
      • Original List Price$675,000
      • Taxes Annual$3,856
      • Days on Market (Cumulative)907
  • Other
      • MLS #T3521762

Location

William Barnes | BrokerReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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