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.
Pending
Price cut: $65K (7/15)
$324,900
540 NW 24th Avenue, Okeechobee, FL 34972
4beds
2baths
1,680sqft
:
Get pre-qualified$2,126/mo
Duplex, Multi Family, Multi Family
Built in 1991
-- sqft lot
$-- Zestimate®
$193/sqft
$-- HOA
What's special
Brand new metal roofNew hvac systemsDesirable floor planFenced backyards offering privacy
- 222 days |
- 225 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Travis Lee Brown 863-634-8034,
Brown & Company Realty, INC
Source: BeachesMLS,MLS#: F10541239
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Electric, Separate Meters
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 2,252
- Total interior livable area: 1,680 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Open
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Patio, Porch, Screened
- Exterior features: Courtyard, Outdoor Living Area, Storage, Uncovered Courtyard, Porch
- Fencing: Chain Link,Fenced,Privacy
Lot
- Features: Corner Lot
Details
- Additional structures: Outbuilding, Workshop
- Parcel number: R11737350020002700130
- Zoning: Multi-family
- Special conditions: Standard,Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Aluminum,Metal
Condition
- Resale
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Connected, Electricity Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Okeechobee Park
HOA
- Has HOA: No
Location
- Region: Okeechobee
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $188,675
- Annual tax amount: $3,957
- Date on market: 12/15/2025
- Cumulative days on market: 222 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Pending sale | $324,900$193/sqft |
Source:  BeachesMLS #F10541239 Report a problem | ||
| 7/15/2026 | Price change | $324,900-16.7%$193/sqft |
Source: BeachesMLS #F10541239 Report a problem | ||
| 3/10/2026 | Price change | $389,900-8.2%$232/sqft |
Source: BeachesMLS #F10541239 Report a problem | ||
| 12/15/2025 | Listed for sale | $424,900$253/sqft |
Source: BeachesMLS #F10541239 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,439 +12.2% | $207,543 +10% |
| 2024 | $3,957 -0.2% | $188,675 -10.6% |
| 2023 | $3,965 +17.7% | $211,146 +28.5% |
| 2022 | $3,367 +53.2% | $164,289 +34.6% |
| 2021 | $2,199 +0.8% | $122,013 +0.7% |
| 2020 | $2,180 | $121,143 +0.6% |
| 2019 | $2,180 +9.2% | $120,374 +13.2% |
| 2018 | $1,997 | $106,350 +8.8% |
| 2017 | -- | $97,782 +8.7% |
| 2016 | $1,813 | $89,942 +1.4% |
| 2015 | $1,813 -1.5% | $88,718 +5.6% |
| 2014 | $1,840 | $84,048 -5.1% |
| 2013 | -- | $88,548 -10.8% |
| 2012 | -- | $99,250 -8% |
| 2011 | -- | $107,893 -6.4% |
| 2010 | -- | $115,310 -18.6% |
| 2009 | -- | $141,642 +27.2% |
| 2008 | -- | $111,319 -4% |
| 2007 | -- | $115,907 +12.7% |
| 2006 | -- | $102,880 -3.3% |
| 2005 | -- | $106,400 +15.9% |
| 2004 | -- | $91,833 +9.2% |
| 2003 | -- | $84,062 +5.6% |
| 2002 | -- | $79,608 +3.8% |
| 2001 | -- | $76,670 +7.8% |
| 2000 | -- | $71,132 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 34972
Nearby schools
GreatSchools rating
- 2/10Central Elementary SchoolGrades: K-5Distance: 1.3 mi
- 4/10Yearling Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Okeechobee High SchoolGrades: 9-12Distance: 2 mi
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