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For sale
  • $450,000

    3508 SE 18th Terrace, Okeechobee, FL 34974

    5beds
    2,200sqft
    : 
    $2,976/mo
    Get pre-qualified
    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
    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!
    5 days
    154
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Richard Macy 561-309-9240,

    Listy

    Source: BeachesMLS,MLS#: B26093963MLS LogoOriginating 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

        DateEventPrice
        10/29/2026Listed for sale$450,000+109.3%$205/sqft
        Source: BeachesMLS #B26093963 Report a problem
        2/27/2024Listing removed$215,000+132.4%$98/sqft
        Source: Stellar MLS #OK0213145 Report a problem
        1/3/2022Sold$92,500-57%$42/sqft
        Source: Public Record Report a problem
        10/4/2021Listed for sale$215,000$98/sqft
        Source: Stellar MLS #OK0213145 Report a problem
        8/27/2021Listing removed--
        Source: Stellar MLS #OK0213145 Report a problem
        8/13/2021Listed for sale$215,000$98/sqft
        Source: Stellar MLS #OK0213145 Report a problem
        4/12/2021Pending sale$215,000$98/sqft
        Source: Stellar MLS #OK0213145 Report a problem
        2/12/2021Listed for sale$215,000$98/sqft
        Source: Stellar MLS #OK0213145 Report a problem
        2/1/2021Pending sale$215,000$98/sqft
        Source: Stellar MLS #OK0213145 Report a problem
        12/5/2019Listed for sale$215,000-7.7%$98/sqft
        Source: COLDWELL BANKER/BERGER REAL ES #OK0213145 Report a problem
        10/15/2018Listed for sale$233,000+145.3%$106/sqft
        Source: Coldwell Banker Berger Main #213145 Report a problem
        8/11/2004Sold$95,000$43/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All 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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34974

        Getting around

        30 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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