3112 SE 29TH TER, OKEECHOBEE, FL, 34974
$655,000
Residential Income
Bedrooms
5
Bathrooms
5
Living Area
2,300 Sqft
Lot Size
10,846 Sqft
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. Owner PAID Utility Authority for conversion from septic to city sewage ($14k Buyer Savings). 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
Property Features Property Features
MLS ID: MFRT3521762 Year Built: 1971
Appliances: Microwave, Range, Refrigerator Construction Materials: Block, Concrete
Cooling: Central Air, Wall/Window Unit(s) Country: US
County Or Parish: Okeechobee Exterior Features: Outdoor Kitchen, Sliding Doors
Flooring: Vinyl, Wood Foundation Details: Slab
Furnished: Furnished Green Indoor Air Quality: No Smoking-Interior Buildg
Heating: Central, Other Laundry Features: Laundry Room, Outside
Listing Agreement: Exclusive Right To Sell Lot Features: Cul-De-Sac, Street Dead-End
Occupant Type: Tenant Other Structures: Other
Parking Features: Boat, Open Patio And Porch Features: Front Porch, Patio, Screened
Property Sub Type: Multi Family Property Type: Residential Income
Road Surface Type: Gravel Roof: Other
Security Features: Security Lights Sewer: Private Sewer
Showing Requirements: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Other View: Water
Water Source: Public Waterfront Features: Canal - Freshwater
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