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  • MLS#: F10541239 ( Residential Income )
  • Street Address: 540 24th Avenue
  • Viewed: 14
  • Price: $424,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1991
  • Bldg sqft: 0
  • Days On Market: 40
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Nearby Subdivisions
2780   Basinger   Basswood   Basswood Estates   Basswood Estates Un 04   Basswood Incorporated Un 02   Basswood Incorporated Un 1   Basswood Incorporated Unit Num   Basswood Un 02   Basswood Un 04   Basswood Un 05   Basswood Un 5   Central Business Section   City   City Of Okeechobee   Commencing At The Northeast Co   Country Hills Estates   Crooked Creek Plantation   Dark Hammock Ranchettes   Dixie Ranch Estates   Edwards Subdivision   Fra Mar Estates   Indian Hammock Hunt And Riding   Kings Bay   Lake Montaza Estates   Mallard Landing   N/a   Na   None   Northwest Add   Not Applicable   Oak Park   Okeechobee Little Farms   Okeechobee Park   Okrrchobee   Otter Creek   Otter Road   Pine Ridge Park   Prairie   Prairie / Viking   Quail Acres   R Bar Estates Unit 3   R-bar Estates   R-barr   River Acres   River Acres Addition   River Run   See Long Legal Description   Southern Colonization   Southern Colonization Co   Southern Colonization Company   Southern Pine Addition   The Southern Colonization Comp   The Vikings   Tract 18   Tract 23   Viking 2/the Prairie   Viking 30   Viking Estates   Viking Prairie   Viking Tr 16   Vikings  
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540 24th Avenue
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PRICED AT ONLY: $424,900

Address: 540 24th Avenue, Okeechobee, FL 34972

Would you like to sell your home before you purchase this one?

Description
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 porchesone 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 areas strong demand and limited rental availability, there's ample room to increase rents and maximize your return.
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Features
Building and Construction
  • Fencing: Fenced
  • Flooring: Carpet, Vinyl
  • Other Structures: Outbuilding
  • Roof: Aluminum, Metal
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Separate Meters, Central, Electric
  • Utilities: Cable Available
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Legal Description: SUBDIVISION OF A PORTION OF "OKEECHOBEE PARK" (PLAT BOOK 1 PAGE 28) LOTS 13 TO 18 INC BLOCK 27
  • Parcel Number: R11737350020002700130
  • Views: 14
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