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.
For sale
$649,000
3112 SE 29th Ter, Okeechobee, FL 34974
5beds
2,300sqft
Single Family Residence
Built in 1971
10,846 Square Feet Lot
$596,800 Zestimate®
$282/sqft
$-- HOA
What's special
Wooden boat dockWaterfront canal parcelsSpectacular viewsPrivate boat ramp
- 64 days |
- 195 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Javy Torres 813-644-2844,
IMPACT REALTY TAMPA BAY 813-321-1200
Source: Stellar MLS,MLS#: TB8506334
Originating MLS: Suncoast Tampa

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Rooms
- Room types: Florida Room, Utility Room, Storage Rooms
Primary bedroom
- Description: Room1
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
Bathroom 2
- Description: Room4
- Level: First
Kitchen
- Description: Room5
- Level: First
Living room
- Description: Room3
- Level: First
Other
- Description: Room2
- Level: First
Heating
- Other
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Microwave, Range, Refrigerator
- Laundry: Laundry Room, Outside
Features
- Ceiling Fan(s)
- Flooring: Vinyl, Hardwood
- Doors: Outdoor Kitchen, Sliding Doors
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 3,805
- Total interior livable area: 2,300 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Screened
- Exterior features: Lighting, Outdoor Kitchen, Storage, Boat Slip
- Has view: Yes
- View description: Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Canal - Freshwater, Freshwater Canal Access, Lake Privileges, Boat Ramp - Private, Seawall
- Body of water: TAYLOR CREEK
Lot
- Size: 10,846 Square Feet
- Features: Cul-De-Sac, Street Dead-End
- Residential vegetation: Mature Landscaping
Details
- Additional structures: Other, Outdoor Kitchen, Storage
- Additional parcels included: R1-25-37-35-0010-00020-0100
- Parcel number: R12537350010000200090
- Zoning: RM
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Security: Security Lights
- Pet fee: $0 monthly
- Subdivision: TAYLOR CRK DEV
HOA
- Has HOA: No
Location
- Region: Okeechobee
Financial & listing details
- Price per square foot: $282/sqft
- Tax assessed value: $274,279
- Annual tax amount: $4,561
- Date on market: 5/9/2026
- Cumulative days on market: 65 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
Zestimate®
$596,800
Estimated sales range
$567,000 - $627,000
Rent Zestimate®
$3,351/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2026 | Listed for sale | $649,000-0.9%$282/sqft |
Source: | ||
| 11/22/2025 | Listing removed | $655,000$285/sqft |
Source: | ||
| 5/12/2025 | Listed for sale | $655,000-0.6%$285/sqft |
Source: | ||
| 4/23/2025 | Listing removed | $659,000$287/sqft |
Source: | ||
| 10/30/2024 | Listed for sale | $659,000-2.4%$287/sqft |
Source: | ||
| 9/27/2024 | Listing removed | $675,000$293/sqft |
Source: | ||
| 4/26/2024 | Listed for sale | $675,000-6.9%$293/sqft |
Source: | ||
| 3/20/2024 | Listing removed | -- |
Source: | ||
| 1/19/2023 | Price change | $725,000-3.3%$315/sqft |
Source: | ||
| 8/11/2022 | Listed for sale | $750,000$326/sqft |
Source: | ||
| 7/21/2022 | Pending sale | $750,000$326/sqft |
Source: | ||
| 3/21/2022 | Listed for sale | $750,000+535.6%$326/sqft |
Source: | ||
| 7/5/1995 | Sold | $118,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,561 +11.1% | $215,472 +10% |
| 2024 | $4,105 +6.5% | $195,884 -12.7% |
| 2023 | $3,856 +14.2% | $224,465 +15.9% |
| 2022 | $3,375 +11.5% | $193,730 +31.6% |
| 2021 | $3,027 +8.8% | $147,170 +12.6% |
| 2020 | $2,781 | $130,649 +3.8% |
| 2019 | $2,781 +9% | $125,877 +11.1% |
| 2018 | $2,552 | $113,305 +26.2% |
| 2017 | -- | $89,804 +2.5% |
| 2016 | $1,706 | $87,582 +2.1% |
| 2015 | $1,706 -1% | $85,748 +3.9% |
| 2014 | $1,723 | $82,504 +0.9% |
| 2013 | -- | $81,747 -6.2% |
| 2012 | -- | $87,189 -8% |
| 2011 | -- | $94,803 -16.1% |
| 2010 | -- | $112,978 -14.9% |
| 2009 | -- | $132,688 -12.1% |
| 2008 | -- | $151,005 -2.5% |
| 2007 | -- | $154,944 +6.4% |
| 2006 | -- | $145,571 -1.1% |
| 2005 | -- | $147,189 +19.8% |
| 2004 | -- | $122,865 +12.4% |
| 2003 | -- | $109,266 +8.1% |
| 2002 | -- | $101,052 +5.8% |
| 2001 | -- | $95,548 +6.6% |
| 2000 | -- | $89,638 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 34974
Nearby schools
GreatSchools rating
- 3/10Everglades Elementary SchoolGrades: K-5Distance: 1.6 mi
- 3/10Osceola Middle SchoolGrades: 6-8Distance: 2.5 mi
- 3/10Okeechobee High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Everglades Elementary
- Middle: Yearling Middle School
- High: Okeechobee High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Okeechobee
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- 3112 SE 29th Ter