Turnkey Investment Opportunity in Okeechobee! Discover this beautifully renovated two-story property offering two separate living spaces, each with its own private entrance! Completely remodeled, this versatile property offers a total of 5 bedrooms and 3 bathrooms across two levels. The spacious upper-level features 3 bedrooms and 2 bathrooms, with access from a newly constructed exterior deck and private second-floor entrance. The lower level offers an additional 2 bedrooms, 1 bathroom, and its own separate entrance. Both levels have been tastefully updated with modern finishes, creating comfortable, move-in-ready living spaces. Currently operating as an Airbnb, this property presents an excellent opportunity for investors seeking short-term rental income, homeowners looking to offset their mortgage by renting one level, or buyers seeking flexible accommodations for extended family or guests. With extensive renovations already completed and multiple possibilities for use, this property is ready for its next owner. Live in one, rent the other, or maximize its potential as an income-producing investment!
For sale
$450,000
3508 SE 18th Terrace, Okeechobee, FL 34974
5beds
2,200sqft
Single Family Residence
Built in 1987
5,654 Square Feet Lot
$425,500 Zestimate®
$205/sqft
$-- HOA
What's special
Beautifully renovated two-story propertyTwo separate living spacesNewly constructed exterior deckComfortable move-in-ready living spacesSpacious upper-levelPrivate second-floor entrance
- 5 days
- 154
- 10
Zillow last checked:
Listing updated:
Listed by:
Nicholas Richard Macy 561-309-9240,
Listy
Source: BeachesMLS,MLS#: B26093963
Originating MLS: BeachesMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Range, Microwave, Refrigerator, Washer
Features
- Dual Sinks, Walk-In Closet(s)
- Flooring: Engineered Hardwood, Tile
- Has fireplace: No
Interior area
- Total structure area: 3,488
- Total interior livable area: 2,200 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Attached, Driveway, Garage, Golf Cart Garage, Guest, RV Access/Parking
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
Lot
- Size: 5,654 Square Feet
- Features: < 1/4 Acre
Details
- Parcel number: 1353735002000000093a
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS (Concrete Block Structure), Block
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: TAYLOR CREEK
HOA
- Has HOA: No
Location
- Region: Okeechobee
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $326,651
- Annual tax amount: $5,332
- Date on market: 10/29/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
$425,500
$404,000 - $447,000
$2,464/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $450,000+109.3%$205/sqft |
Source: | ||
| 2/27/2024 | Listing removed | $215,000+132.4%$98/sqft |
Source: | ||
| 1/3/2022 | Sold | $92,500-57%$42/sqft |
Source: Public Record Report a problem | ||
| 10/4/2021 | Listed for sale | $215,000$98/sqft |
Source: | ||
| 8/27/2021 | Listing removed | -- |
Source: | ||
| 8/13/2021 | Listed for sale | $215,000$98/sqft |
Source: | ||
| 4/12/2021 | Pending sale | $215,000$98/sqft |
Source: | ||
| 2/12/2021 | Listed for sale | $215,000$98/sqft |
Source: | ||
| 2/1/2021 | Pending sale | $215,000$98/sqft |
Source: | ||
| 12/5/2019 | Listed for sale | $215,000-7.7%$98/sqft |
Source: COLDWELL BANKER/BERGER REAL ES #OK0213145 Report a problem | ||
| 10/15/2018 | Listed for sale | $233,000+145.3%$106/sqft |
Source: Coldwell Banker Berger Main #213145 Report a problem | ||
| 8/11/2004 | Sold | $95,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,332 +10.4% | $331,527 +10% |
| 2024 | $4,830 -1% | $301,388 -1% |
| 2023 | $4,878 +39.5% | $304,293 +43.8% |
| 2022 | $3,497 +20.2% | $211,623 +24.6% |
| 2021 | $2,910 +5.6% | $169,815 +7.1% |
| 2020 | $2,757 | $158,528 +2.6% |
| 2019 | $2,757 +11.6% | $154,467 +8.3% |
| 2018 | $2,471 | $142,624 +17.6% |
| 2017 | $2,471 +17.6% | $121,256 +12.1% |
| 2016 | $2,101 | $108,158 +10.5% |
| 2015 | $2,101 +4.3% | $97,901 +6.9% |
| 2014 | $2,014 | $91,560 +6.4% |
| 2013 | -- | $86,034 +15.6% |
| 2012 | -- | $74,423 -7.1% |
| 2011 | -- | $80,132 -21.1% |
| 2010 | -- | $101,603 -21.8% |
| 2009 | -- | $129,990 -28.8% |
| 2008 | -- | $182,468 -12% |
| 2007 | -- | $207,335 +4.7% |
| 2006 | -- | $197,967 +28.9% |
| 2005 | -- | $153,630 +40.5% |
| 2004 | -- | $109,322 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 34974
Nearby schools
Schools provided by the listing agent
- Elementary: South
- Middle: Osceola
- High: Okeechobee
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







