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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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3508 SE 18th Terrace , Okeechobee, FL 34974
$450,000
Est. Payment: $2,402.35/mo
5 Bed
3 Bath
2200 Sqft
0.13 Acres
Status: active | Days on site: 4
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House Description

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!

Highlights

Listed by Nicholas Richard Macy , 561-309-9240 Listy , 561-309-9240. REALTOR Association of Greater Miami and the Beach

Property Type

Residential

Lot/Acreage
0.13

Year Built

1987

County

Okeechobee

Area

6220 SE Okeechobee County

Neighborhood

Taylor Creek

Listing ID

B26093963

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Dryer, Electric Range, Microwave, Refrigerator, Washer
Air Cond:Central Air
Fireplaces:
Floor:Hardwood,Tile,Wood
Other:
  • ▪ Additional:Dual Sinks, Walk-In Closet(s)
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Garage Capacity:5
Zoning:R
Roof:Composition,Shingle
Sewer:Not Connected (at lot),Public Sewer,Other
Parking Features:Attached,Driveway,Garage,Golf Cart Garage,Guest,One Space
Principal Interest
$2,402
Taxes
$444

Home Price

$450,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$90,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,402.35

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,402.35 $444.33 $0.00 $2,846.68
Yearly $28,828.16 $5,332.00 $0.00 $34,160.16
Total $864,844.78 $159,960.00 $0.00 $1,024,804.78

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Okeechobee, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-02T21:11:30.000Z

© 2026 REALTOR Association of Greater Miami and the Beach