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.
Sold for $1,600,000 on 04/01/25
$1,600,000
29734 SW Cypress Street, Okeechobee, FL 34974
3beds
1,072sqft
Single Family Residence
Built in 1963
2.08 Acres Lot
$1,585,500 Zestimate®
$1,493/sqft
$2,989 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 01, 2025 at 09:02am
Listed by:
Adam S. Brown 772-485-2039,
Waterfront Properties & Club C
Bought with:
Michelle Johnson
Real Broker, LLC
Source: BeachesMLS,MLS#: RX-11051893
Originating MLS: Beaches MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: M
- Area: 182
- Dimensions: 14 x 13
Kitchen
- Level: M
- Area: 108
- Dimensions: 12 x 9
Living room
- Level: M
- Area: 440
- Dimensions: 20 x 22
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Laundry: Inside
Features
- Entry Lvl Lvng Area, Split Bedroom
- Flooring: Vinyl
- Doors: French Doors
Interior area
- Total structure area: 1,360
- Total interior livable area: 1,072 sqft
Property
Parking
- Total spaces: 3
- Parking features: 2+ Spaces, Attached Carport, Driveway, Open, RV/Boat
- Has carport: Yes
- Uncovered spaces: 3
Features
- Levels: < 4 Floors,1.00
- Stories: 1
- Patio & porch: Covered Patio, Deck, Open Porch
- Exterior features: Built-in Barbecue, Dock
- Has private pool: Yes
- Pool features: Above Ground
- Fencing: Fenced
- Has view: Yes
- View description: Canal, Garden
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Width 121+, Navigable Water, Ocean Access
- Frontage length: 2000
Lot
- Size: 2.08 Acres
- Features: 10 to <25 Acres
- Residential vegetation: Fruit Tree(s)
Details
- Parcel number: 173937002000000100
- Zoning: RES
- Horses can be raised: Yes
- Horse amenities: Boarding Allowed, Bridle Path/Trails, Feed Room, Grass Field, Paddocks, Ring, Tack Room, Wash Rack(s), Water & Electric, Stall, Barn
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Security
- Security features: Security System Owned
Community
- Community features: Horse Trails, Horses Permitted, No Membership Avail
Location
- Region: Okeechobee
- Subdivision: Mayaca Manor
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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