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 $2,050 per month, with significant upside potential. Metal roof and Fenced backyards offering privacy. 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 maximize your return.
For sale
Price cut: $1.5K (5/29)
$418,500
817 SE 9th Street, Okeechobee, FL 34974
4beds
2baths
1,392sqft
Duplex, Multi Family, Multi Family
Built in 1965
-- sqft lot
$397,800 Zestimate®
$301/sqft
$-- HOA
What's special
Metal roofFenced backyards offering privacy
- 138 days |
- 93 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Baron Karl Taylor 772-453-5133,
McFarland Real Estate Co
Source: BeachesMLS,MLS#: F10554350
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Separate Meters
Cooling
- Central Air
Features
- Flooring: Ceramic Tile
Interior area
- Total interior livable area: 1,392 sqft
Video & virtual tour
Property
Features
- Patio & porch: Porch, Balcony
- Exterior features: Balcony
Lot
- Features: < 1/4 Acre
Details
- Parcel number: R32237350290000000930
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Block
- Roof: Aluminum
Condition
- Resale
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Okeechobee Estates
HOA
- Has HOA: No
Location
- Region: Okeechobee
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $151,291
- Annual tax amount: $3,633
- Date on market: 2/21/2026
- Cumulative days on market: 138 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$397,800
$378,000 - $418,000
$1,480/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $418,500-0.4%$301/sqft |
Source:  BeachesMLS #F10554350 Report a problem | ||
| 4/18/2026 | Price change | $420,000-1.2%$302/sqft |
Source: BeachesMLS #F10554350 Report a problem | ||
| 2/22/2026 | Listed for sale | $425,000+272.8%$305/sqft |
Source: BeachesMLS #F10554350 Report a problem | ||
| 5/4/2016 | Sold | $114,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,633 +8.9% | $114,457 +10% |
| 2024 | $3,337 +6% | $104,052 -15.3% |
| 2023 | $3,148 +13.2% | $122,867 +35.3% |
| 2022 | $2,782 +13.2% | $90,840 +10.6% |
| 2021 | $2,457 +8.3% | $82,119 +15.5% |
| 2020 | $2,269 | $71,069 -3.2% |
| 2019 | $2,269 +8.2% | $73,383 +19.1% |
| 2018 | $2,096 | $61,611 +19.8% |
| 2017 | -- | $51,442 +11.3% |
| 2016 | $1,624 | $46,221 +16.7% |
| 2015 | $1,624 +5.4% | $39,613 +17.7% |
| 2014 | $1,541 | $33,647 -0.8% |
| 2013 | -- | $33,935 -4.4% |
| 2012 | -- | $35,494 +0.5% |
| 2011 | -- | $35,304 -34.5% |
| 2010 | -- | $53,899 -20.4% |
| 2009 | -- | $67,732 -23.7% |
| 2008 | -- | $88,768 -2.6% |
| 2007 | -- | $91,171 +9.8% |
| 2006 | -- | $83,013 +19.7% |
| 2005 | -- | $69,333 +16.7% |
| 2004 | -- | $59,434 +14.3% |
| 2003 | -- | $51,996 +7.5% |
| 2002 | -- | $48,381 +6.8% |
| 2001 | -- | $45,303 +8.7% |
| 2000 | -- | $41,658 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 34974
Nearby schools
GreatSchools rating
- 2/10Central Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Osceola Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Okeechobee High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Central
- Middle: Osceola
- High: Okeechobee
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Okeechobee County
- Okeechobee
- 34974
- 817 SE 9th Street
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Nearby neighborhoods
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