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$424,900

  • For Sale
  • Active
  • Duplex
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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.

Full Property Details for 540 NW 24th Ave

General

  • Price: $424,900
  • Taxes: (2024)
  • Status: Active
  • Type: Duplex
  • Source: Ft_Lauderdale
  • MLS ID: F10541239
  • Updated: 12/16/2025
  • Added to Site: 32 day(s) ago

Interior

  • Flooring: Carpeted Floors, Vinyl Floors

Exterior

  • Exterior Features: Deck, Extra Building/Shed, Fence, Open Porch, Patio, Screened Porch

Location

  • Area: 6240 - NW County (OK)
  • County: Okeechobee County
  • Subdivision: Okeechobee Park

Heating & Cooling

  • Cooling Type: Ceiling Fans, Central Cooling, Electric Cooling
  • Heating Type: Central Heat, Electric Heat

Utilities

  • Sewer: Septic Tank
  • Water: Municipal Water
  • Cable Available: Yes

Structural Information

  • Architectural Style: Duplex
  • Construction: Concrete Block Construction, Cbs Construction
  • Roof: Aluminum Roof, Metal Roof
  • Living Area: 1,680 Sq. Ft.
  • Year Built: 1991

Unit Information

Unit 1

  • Bedrooms: 2

Lot Features

  • Lot Description: 1/4 To Less Than 1/2 Acre Lot

Financial Considerations

  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: SUBDIVISION OF A PORTION OF "OKEECHOBEE PARK" (PLAT BOOK 1 PAGE 28) LOTS 13 TO 18 INC BLOCK 27
  • Property ID: R11737350020002700130

Listed by Brown & Company Realty, INC

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Listing agent

— 540 NW 24th Ave —

  • Brown & Company Realty, INC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 540 NW 24th Ave

School District:Okeechobee County School District
NameGradesDistance
Central Elementary School, Okeechobee, FL
610 Southwest 5th Avenue, Okeechobee, FL 34974
K-51.3 mi
Yearling Middle School
925 Northwest 23rd Lane, Okeechobee, FL 34972
6-81.5 mi
Okeechobee High School
2800 U.S. 441, Okeechobee, FL 34972
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 540 NW 24th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Listed
$424,900
602.31%
MLS
6/24/2004
Sold
$60,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 540 NW 24th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,010
-24%
$237,868
26%
2024
$3,957
—
$188,675
-11%
2023
$3,965
80%
$211,146
73%
2021
$2,199
-35%
$122,013
-26%
2022
$3,367
53%
$164,289
36%
2021
$2,199
18%
$121,143
14%
2017
$1,866
—
$106,350
9%
2017
$1,866
3%
$97,782
9%
2016
$1,813
-14%
$89,942
-25%
2019
$2,096
14%
$120,374
36%
2015
$1,840
5%
$88,718
6%
2014
$1,747
-3%
$84,048
-5%
2013
$1,809
—
$88,548
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Brown & Company Realty, INC

Recent Sales near 540 NW 24th Ave

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310 Hwy 98, Okeechobee, FL 34972 - Photo 1 Sold
$375,000

310 Hwy 98  Okeechobee, FL 34972

  • Lots/Land
  • Closed
  • 2
    Acres
1600 US Hwy 98 N, Okeechobee, FL 34972 - Photo 1 Sold
$375,000

1600 US Hwy 98 N  Okeechobee, FL 34972

  • Single Family
  • Closed
  • 3
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  • 2
    Total Baths
  • 1,501
    Sq. Ft.
Listed and Sold by C 21 Hazellief & Prevatt Rlty
2675 SW 24th Ave, Okeechobee, FL 34974 - Photo 1 Sold
$365,000

2675 SW 24th Ave  Okeechobee, FL 34974

  • Single Family
  • Closed
  • 3
    Beds
  • 1,440
    Sq. Ft.
805 SW 3rd Ave, Okeechobee, FL 34974 - Photo 1 Sold
$379,000

805 SW 3rd Ave  Okeechobee, FL 34974

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,332
    Sq. Ft.
Listed and Sold by Coldwell Banker/Berger Real Es

540 NW 24th Ave, Okeechobee, FL 34972 (MLS# F10541239) is a Duplex property with 0 bedrooms and 0 full bathrooms. 540 NW 24th Ave is currently listed for $424,900 and was received on December 15, 2025. Want to learn more about 540 NW 24th Ave? Do you have questions about finding other Duplex real estate for sale in Okeechobee? You can browse all Okeechobee real estate or contact a Coldwell Banker agent to request more information.

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