540 NW 24th Ave Okeechobee, FL 34972
Estimated payment $2,338/month
Highlights
- Deck
- Screened Porch
- Patio
- No HOA
- Balcony
- Central Heating and Cooling System
About This Home
Investment Opportunity featuring a duplex with two spacious 2-bed,1-bath units. This property is turn-key with no repairs needed. Both units offer a desirable floor plan and have a strong rental history, currently earning $1,550 per month, with significant upside potential. Brand new metal roof and decking, new HVAC systems and hot water heaters, vaulted ceilings for a nice open feel. Back porches—one screened for added comfort, Fenced backyards offering privacy, Utility shed on one side for extra storage, Large concrete parking area to accommodate tenants. This property stands out for its low operating costs, immediate cash flow, and proven rental history. With the area’s strong demand and limited rental availability, there's ample room to increase rents and maximize your return.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,957
Year Built
- Built in 1991
Home Design
- Duplex
- Aluminum Roof
- Metal Roof
Interior Spaces
- 1,680 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Screened Porch
Flooring
- Carpet
- Vinyl
Outdoor Features
- Balcony
- Deck
- Patio
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Okeechobee Park Subdivision
Listing and Financial Details
- Assessor Parcel Number R11737350020002700130
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,439 | $237,868 | $19,500 | $218,368 |
| 2024 | $3,957 | $188,675 | $15,000 | $173,675 |
| 2023 | $3,965 | $211,146 | $30,000 | $181,146 |
| 2022 | $3,367 | $164,289 | $30,000 | $134,289 |
| 2021 | $2,199 | $122,013 | $0 | $0 |
| 2020 | $2,180 | $121,143 | $0 | $0 |
| 2019 | $2,096 | $120,374 | $0 | $0 |
| 2018 | $1,997 | $106,350 | $0 | $0 |
| 2017 | $1,866 | $97,782 | $0 | $0 |
| 2016 | $1,813 | $89,942 | $0 | $0 |
| 2015 | $1,840 | $88,718 | $0 | $0 |
| 2014 | -- | $84,048 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2026 02/20/26 | Price Changed | $389,900 | -8.2% | $232 / Sq Ft |
| 12/15/2025 12/15/25 | For Sale | $424,900 | -- | $253 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | $60,500 | Okee Tantie Title Co Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $87,550 | Purchase Money Mortgage |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10541239
APN: R1-17-37-35-0020-00270-0130
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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