$1,800,000
Accepting Backup Offers

29734 SW Cypress Street

Okeechobee, FL 34974
1072 sqft | 3 beds | 2 baths | #RX-11051893
Browse 31 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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.

  • Property Details
      • Exterior FeaturesBuilt-in Grill, Covered Patio, Deck, Fence, Fruit Tree(s), Open Porch
      • Exterior MaterialsBuilt-in Grill, Covered Patio, Deck, Fence, Fruit Tree(s), Open Porch
      • InteriorSplit Bedroom, French Door, Entry Lvl Lvng Area
      • Lot Features10 to <25 Acres, Private Road
      • Lot Description10 to <25 Acres, Private Road
      • Elementary SchoolWarfield Elementary School
      • Middle SchoolIndiantown Middle School
      • High SchoolSouth Fork High School
      • Property SubtypeSingle Family Detached
      • Utility FeaturesSeptic, Well Water
      • CoolingCentral, Electric
      • HeatingElectric, Central
      • ViewCanal, Garden
      • Pool FeaturesPrivate Pool
      • SubdivisionMayaca Manor
      • MLS #RX-11051893
      • MLS #RX-11051893
      • Original List Price$1,800,000
      • Property TypePurchase
      • Parking TypeCarport
      • Cost1800000
      • CountyMartin
      • Taxes Annual$5,681
      • StyleRanch
      • Square Feet1072
      • Year Built1963
      • ZoningRES
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Pool1
      • Parking Carport1
      • Waterfront1
      • Fence1

Location

Martyna MialkaReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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