11 days on rocket

3112 SE 29th Ter, Okeechobee, FL, 34974

$675,000

Home List Price

$8,016*

Closing Credit

5 Bedrooms
5 Baths
2,300 SqFt
$293/SqFt
Multi
Schools Nearby

Location

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3112 SE 29th Ter, Okeechobee$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingBoat, Open
Year Built1971
HeatingCentral, Other
CoolingCentral Air, Wall/Window Unit(s)
WaterfrontCanal
ViewWater
MLS #T3521762
Lot Size0.25 Acres
StatusActive

About 3112 SE 29th Ter

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.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Living Area: 2,300 SqFt

Listing Office:

  • Office Name: IMPACT REALTY TAMPA BAY
  • Office Phone: (813) 321-1200
  • Listing Agent: Javy Torres

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Refrigerator
  • Flooring Type: Vinyl, Wood
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal
  • View: Water
  • Exterior: Outdoor Kitchen, Sliding Doors

Parking Information:

  • Parking: Boat, Open

Virtual/3D Tour

  • Virtual Tour: 3112 SE 29th Ter

Virtual Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Dead End Street
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Okeechobee High School, Public District Grades 9-12
  • Osceola Middle School, Public District Grades 5-8
  • Everglades Elementary School, Public District Grades KG-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $293/SqFt

Tax Information:

  • Annual Amount: $2,781
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Okeechobee, FL.

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Okeechobee, FL

City

Med. Sold Price

$250K

Med. Price/SqFt

$178

Avg. Days On Market

79

# of Sold Homes

42

3112 SE 29th Ter vs Okeechobee

11 DAYS ON ROCKET

-68 Days

$675,000

+$425K More

$293/SqFt

+$114 More

KEY TAKEAWAY

This property is $425K more than the Median Sold Price and $114/SqFt more than other homes in Okeechobee, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3521762

Listing Office:

  • Office Name: IMPACT REALTY TAMPA BAY
  • Office Phone: (813) 321-1200
  • Listing Agent: Javy Torres

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/7/2024, 1:19:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,781$130,649
2019$2,700$125,877
2018$1,704$113,305
2017$1,706$89,804

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7595870
6
/10

  • Everglades Elementary School

  • 3725 SE 8th St

  • 1.60 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7595871
4
/10

  • Osceola Middle School

  • 825 SW 28th St

  • 2.47 miles

  • Public District Grades 5-8

High School

school-card-donut-7595872
3
/10

  • Okeechobee High School

  • 2800 Us Highway 441 N

  • 4.04 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,009. The majority of Okeechobee, FL residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Okeechobee County›Okeechobee›34974›3112 SE 29th Ter

This home is located at 3112 SE 29th Ter in Okeechobee, FL and zip code 34974. This 2,300 square foot home, which was built in 1971, sits on a 0.25 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $675,000.

In April 2024, from all listings sold in Okeechobee, FL there were more than 3 sold above asking price, over 29 sold below and more than 10 were sold right at the asked price. Between March 2024 and April 2024, Okeechobee, FL real estate market has seen increase in the number of listings by 2.2%. In April 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $250,000.

From Rocket Homes Real Estate and based on county public records data.

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