8 months on rocket

3112 SE 29th Ter, Okeechobee, FL, 34974

$659,000

Home List Price

$7,826*

Closing Credit

5 Bedrooms
5 Baths
2,300 SqFt
$287/SqFt
Multi

Location

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3112 SE 29th Ter, Okeechobee$659,000

Buyer Closing Credits

$7,826*

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)

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: $659,000
  • Price Per SqFt: $287/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

$270K

Med. Price/SqFt

$191

Avg. Days On Market

66

# of Sold Homes

23

3112 SE 29th Ter vs Okeechobee

241 DAYS ON ROCKET

+175 Days

$659,000

+$389K More

$287/SqFt

+$95 More

KEY TAKEAWAY

This property is $389K more than the Median Sold Price and $95/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.
Last updated on: 12/24/2024, 7:19:50 AM 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

$3,357

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,042

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.

Nearby Schools

school-card-donut-1333005
5
/10

  • Everglades Elementary School

  • 3725 SE 8th St

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-1333006
4
/10

  • South Elementary School

  • 2468 SW 7th Ave

  • 2.38 miles

  • Public District Grades KG-5

school-card-donut-1333007
3
/10

  • Central Elementary School

  • 610 SW 5th Ave

  • 2.76 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,009. Residents of Okeechobee, FL typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

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 $659,000.

Over 5 listings were sold over their listed price in November 2024 in Okeechobee, FL. In the same period over 13 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in Okeechobee, FL increased by 14.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $270,000, while the average time on the real estate market was 66 days.

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

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