540 NW 24th Avenue, Okeechobee, FL 34972 | MLS #F10541239 | Dale Sorensen Real Estate

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Listing provided courtesy of Brown & Company Realty, INCMLS# F10541239
  • 159 days on site
  • 0 views

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 $1,650 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.

Source: Beaches MLS, MLS#: F10541239

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  • Property Type
    Residential Income

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  • Median Age
    37
  • Population Density
    22
  • College Educated
    19%
  • Estimated Median Income
    $43,851
  • Estimated Total Home Owners
    4,075
  • Estimated Total Renters
    1,919
  • Owner / Renter Divide
    68% / 32%
  • Estimated Average Household Size
    3
  • Total Population
    20,132
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 540 NW 24th Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/5/2026Source: Beaches MLS Price Reduction
$389,900 -8.2%
1/21/2026Source: Beaches MLS Added to Database
January 21, 2026