$424,900

540 NW 24th Ave Okeechobee, FL 34972

Estimated payment $2,550/month

Total Views 201
-- Bed
-- Bath
1,680 Sq Ft
$253 Price per Sq Ft

Highlights

  • Deck
  • Shed
  • Ceiling Fan
  • Screened Porch
  • Central Heating and Cooling System
  • Fenced

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.

Listing Agent

Travis Brown

Brown & Company Realty, INC License #3467661 Listed on: 12/15/2025

Brown & Company Realty, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 1991

Lot Details

  • Fenced

Parking

  • 8 Parking Spaces

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

  • Deck
  • Open Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Okeechobee Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number R11737350020002700130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,957

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1991
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 1680.0

Exterior Features

  • Exterior Features: Deck, Enclosed Porch, Fence, Porch, Patio, Shed
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Aluminum, Metal

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: R11737350020002700130

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3957.0

Multi Family

  • Number Of Units Total: 1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 For Sale $424,900 -- $253 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $60,500 Okee Tantie Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $87,550 Purchase Money Mortgage
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10541239

BeachesMLS (Greater Fort Lauderdale)

APN: R1-17-37-35-0020-00270-0130

Florida Okeechobee County Okeechobee 34972

540 NW 24th Ave, Okeechobee, FL

For Sale

MultiFamily

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BeachesMLS (Greater Fort Lauderdale) 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 2025 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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Travis Brown
Listing Agent
Travis Brown
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Brown & Company Realty, INC
(863) 563-3735