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540 NW 24th Avenue, Okeechobee FL 34972

Multi-family Active With Contract
$324,900

BTC: 5.10849057

ETH: 170.76272968

-$100K (2026/07/16)
219 days
0 room(s)
1,680 sqft

Overview

HUGE PRICE IMPROVEMENT 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, 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.

Location

Florida • Okeechobee • 34972 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1991
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$193
Cooling:
Ceiling Fan(s) / Central Individual A/C / Central Air / Electric
HOA:
No Data

Highlights

Annual tax
$3,957
2024
All facts and features

  • Flooring

    • Carpet

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Individual A/C

    • Central Air

    • Electric

  • Property

    • Exterior Features: Courtyard

    Other Property Information

    • Parcel Number: R11737350020002700130

    • Zoning: Multi-family

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Phone Connected

    • Septic

    • Cable Available

    • Electricity Available

    • Phone Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $3,957

  • Source details

    • MLS ID: F10541239

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction / Slab Construction / Stucco

    • Laundry Features: Washer Hookup

    • Lot Features: Corner Lot / Fenced / Septic

    • Patio And Porch Features: Patio / Screened Porch

    • Architectural Style: One Story

    • Living Area: 1680

    • Water Source: Public

    • Subdivision Name: Okeechobee Park

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34972
577
median $55K
Active
Same city
Okeechobee
892
median $117K
Active
Same type
Multi-family
8
median $1.2M
Active
Similar price
$227K – $422K
160
median $316K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Brown & Company Realty, INC