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$649,000
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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.
Full Property Details
Full Property Details for 3112 SE 29th Terrace
General
- Price: $649,000
- Taxes: $4,561 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8506334
- Updated: 5/11/2026
- Added to Site: 16 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s)
- Appliances: Microwave, Range, Refrigerator
- Furnishings: Furnished
- Flooring: Vinyl, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry Room, Outside
Additional Information
- Security/Safety: Security Lights
Exterior
- Exterior Features: Lighting, Outdoor Kitchen, Sliding Doors, Storage
- Deck/Patio: Patio, Screened
- Porch/Patio/Deck: Patio, Screened
Parking
- Carports: Yes
- Carport: 1
- Carport Spaces: 1
- Covered Spaces: 1
Location
- Area: 34974 - Okeechobee
- County: Okeechobee
- Development Name: 34974 - Okeechobee
- Subdivision: TAYLOR CRK DEV
- Driving Directions: Hwy 441 SE down to SE 33rd Terrace, turn left and proceed down to SE 29th Terrace. Arrive at cul de sac to property on left along the water.
- Direction Faces: West
School Information
- Elementary School: Everglades Elementary
- Middle School: Yearling Middle School
- High School: Okeechobee High School
Community
- Community Name: 34974 - Okeechobee
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Other
Utilities
- Sewer: Private Sewer
- Water District: TAYLOR CREEK
- Water: Public
- Utility Description: Other
Structural Information
- Exterior Const.: Block, Concrete
- Roof: Other
- Windows: Shades
- Stories/Levels: One
- Square Feet: 2,300
- Sq. Ft. Source: Public Records
- Year Built: 1971
Additional Structures
- Other Structures: Other, Outdoor Kitchen, Storage
Lot Features
- Property View: Water
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,846
- Lot Size: 10846
- Frontage: Street Dead-End
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Freshwater, Lake
- Water Extras: Yes
- Water Front Name: TAYLOR CREEK
- Water Front Desc.: Freshwater Canal
Financial Considerations
- Tax Amount: $4,561
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- 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
- Flood Zone Info: AE
- APN: R12537350010000200090
- Property ID: R12537350010000200090
- Block/Lot/Section: 2
Listed by Impact Realty Tampa Bay
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Schools
Schools serving 3112 SE 29th Terrace
School District:Okeechobee County School District
| Name | Grades | Distance |
|---|---|---|
Everglades Elementary School, Okeechobee, FL 3725 Southeast 8th Street, Okeechobee, FL 34974 | K-5 | 1.6 mi |
Osceola Middle School, Okeechobee, FL 825 Southwest 28th Street, Okeechobee, FL 34974 | 6-8 | 2.6 mi |
Okeechobee High School 2800 U.S. 441, Okeechobee, FL 34972 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3112 SE 29th Terrace
Date
Details
Price
Change
Source
5/09/2026
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3112 SE 29th Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,272
-20%
$274,279
18%
2024
$4,105
6%
$232,982
4%
2023
$3,856
27%
$224,465
53%
2021
$3,027
-10%
$147,170
-24%
2022
$3,375
11%
$193,730
48%
2021
$3,027
12%
$130,649
4%
2019
$2,700
58%
$125,877
11%
2017
$1,704
—
$113,305
26%
2017
$1,704
—
$89,804
3%
2016
$1,706
-1%
$87,582
2%
2015
$1,723
9%
$85,748
4%
2014
$1,583
—
$82,504
1%
2013
$1,583
—
$81,747
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3112 SE 29th Terrace
3112 SE 29th Terrace, Okeechobee, FL 34974 (MLS# TB8506334) is a Single Family property with 5 bedrooms and 5 full bathrooms. 3112 SE 29th Terrace is currently listed for $649,000 and was received on May 09, 2026. Want to learn more about 3112 SE 29th Terrace? Do you have questions about finding other Single Family real estate for sale in Okeechobee? You can browse all Okeechobee real estate or contact a Coldwell Banker agent to request more information.

