Discover an exceptional opportunity in Martin County with this expansive 11-acre property. Zoned RE 1/2A with a rare grandfathered Agriculture exemption, this property provides unmatched flexibility. It's ideal for development with the potential for 20+ homes on half-acre parcels or as a large estate or family compound.
The property boasts over 2,000 feet of waterfrontage along the deepest land on the rim canal, featuring protected dockage, a boat ramp, and direct lock-in, lock-out access to both the Atlantic and Gulf. Fully cleared, high, dry, laser-leveled, and backfilled, it's ready for immediate use.
Current amenities include horse pastures, stalls, luxury dog kennels, and a charming 3-bedroom, 2-bath farmhouse. Situated in desirable Martin County, property is a rare find for developers, equestrian enthusiasts, or those seeking a waterfront retreat with ample space for customization. Don't miss the chance to make this exceptional property yours.
Sold for $1,600,000
$1,600,000
29734 SW Cypress Street, Okeechobee, FL 34974
3beds
1,072sqft
Single Family Residence
Built in 1963
2.08 Acres Lot
$1,544,400 Zestimate®
$1,493/sqft
$2,508 Estimated rent
Home value
$1,544,400
$1.37M - $1.75M
$2,508/mo
Zestimate® history
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$10,807/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Adam S. Brown 772-485-2039,
Waterfront Properties & Club C
Bought with:
Michelle Johnson, 3582163
Real Broker, LLC
Michelle Johnson, 3582163
Real Broker, LLC
Source: BeachesMLS,MLS#: R11051893
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 182
- Dimensions: 14 X 13
Kitchen
- Level: Main
- Area: 108
- Dimensions: 12 X 9
Living room
- Level: Main
- Area: 440
- Dimensions: 20 X 22
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
- Laundry: Inside
Features
- French Door(s)/Atrium Door(s), Living/Dining Room, Main Level Primary, Split Bedrooms, Separate Shower
- Flooring: Vinyl
- Doors: French Doors
Interior area
- Total structure area: 1,360
- Total interior livable area: 1,072 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached Carport, Open, RV Access/Parking
- Has carport: Yes
- Uncovered spaces: 3
Features
- Levels: Multi/Split,One
- Stories: 1
- Entry location: Entry Level Living Area Y
- Exterior features: Outdoor Living Area
- Has private pool: Yes
- Pool features: Above Ground
- Fencing: Fenced
- Has view: Yes
- View description: Garden
Lot
- Size: 2.08 Acres
- Features: Fruit Trees
Details
- Parcel number: 173937002000000100
- Zoning: RES
- Special conditions: Listed As-Is
- Horses can be raised: Yes
- Horse amenities: Boarding Facilities, Hay Storage, Pasture, Paddocks, Round Pen, Riding Ring, Riding Trail, Tack Room, Water Source, Wash Rack
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Water Available
Community & neighborhood
Security
- Security features: Security System Owned
Location
- Region: Okeechobee
- Subdivision: Mayaca Manor
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2025 | Sold | $1,600,000-11.1%$1,493/sqft |
Source:  BeachesMLS #R11051893 Report a problem | ||
| 2/3/2025 | Listed for sale | $1,800,000$1,679/sqft |
Source: BeachesMLS #RX-11051893 Report a problem | ||
| 1/20/2025 | Pending sale | $1,800,000$1,679/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20047643 Report a problem | ||
| 1/13/2025 | Listed for sale | $1,800,000+125.3%$1,679/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20047643 Report a problem | ||
| 4/29/2021 | Listing removed | -- |
Source:  The Keyes Company/Realtors Report a problem | ||
| 5/18/2020 | Price change | $799,000-3.2%$745/sqft |
Source: The Keyes Company #RX10602947 Report a problem | ||
| 4/30/2020 | Price change | $825,000-2.9%$770/sqft |
Source: The Keyes Company #RX10602947 Report a problem | ||
| 3/2/2020 | Price change | $849,900-5%$793/sqft |
Source: The Keyes Company/Realtors #RX10602947 Report a problem | ||
| 2/21/2020 | Listed for sale | $895,000+5906.7%$835/sqft |
Source: The Keyes Company #RX-10602947 Report a problem | ||
| 3/23/2016 | Listing removed | $14,900$14/sqft |
Source: DUNNICK REAL ESTATE COMPANY #S4818121 Report a problem | ||
| 1/21/2016 | Price change | $14,900-25.1%$14/sqft |
Source: DUNNICK REAL ESTATE COMPANY #S4818121 Report a problem | ||
| 7/25/2015 | Listed for sale | $19,900-96.8%$19/sqft |
Source: DUNNICK REAL ESTATE COMPANY #S4818121 Report a problem | ||
| 6/14/2005 | Sold | $625,000+792.9%$583/sqft |
Source: Public Record Report a problem | ||
| 9/18/1998 | Sold | $70,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,643 -0.7% | $370,992 +2.9% |
| 2024 | $5,681 +2% | $360,537 +3% |
| 2023 | $5,568 +7.7% | $350,036 +6.9% |
| 2022 | $5,168 -0.3% | $327,511 +3% |
| 2021 | $5,183 +550.8% | $317,972 +456.6% |
| 2020 | $797 +0.2% | $57,124 +2.3% |
| 2019 | $795 | $55,840 +15.4% |
| 2018 | $795 -26.6% | $48,400 +29% |
| 2017 | $1,083 +32.5% | $37,520 -2.1% |
| 2016 | $818 | $38,330 +15.9% |
| 2015 | $818 | $33,080 +2.4% |
| 2014 | $818 | $32,300 0% |
| 2013 | -- | $32,310 -0.2% |
| 2012 | -- | $32,360 -12.2% |
| 2011 | -- | $36,860 -6.8% |
| 2010 | -- | $39,570 -31.9% |
| 2009 | -- | $58,080 -12.8% |
| 2008 | -- | $66,620 -3.2% |
| 2007 | $688 -1.1% | $68,790 -1.1% |
| 2006 | $695 | $69,540 +10.2% |
| 2005 | -- | $63,100 |
Find assessor info on the county website
Neighborhood: 34974
Nearby schools
GreatSchools rating
- 3/10Warfield Elementary SchoolGrades: PK-5Distance: 12.9 mi
- 6/10Indiantown Middle SchoolGrades: 6-8Distance: 12.1 mi
- 5/10South Fork High SchoolGrades: 9-12Distance: 25 mi
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- Florida
- Martin County
- Okeechobee
- 34974
- 29734 SW Cypress Street
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