540 NW 24th Avenue, Okeechobee FL 34972, OKEECHOBEE, FL, 34972
Active233 days on marketListed Dec 15, 2025MLS #F10541239
About this home
540 NW 24th Avenue, Okeechobee FL 34972
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.
Facts & features
The home at a glance
1,680
Sqft
1991
Year built
$193
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,546 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,546/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Okeechobee Park
$193 vs $204
Days on market
233 vs 61 typical
Where $193/sqft sits among the 8 homes for sale in Okeechobee Park
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Okeechobee
Get to know Okeechobee. See the full Okeechobee guide →
OKEECHOBEE 34972 — neighborhood snapshot
Population
19,185
Median age
38.7
Median income
$53,902
Median home value
$193,300
Avg household
2.76
Households w/ children
2,367
The numbers that matter
The Okeechobee market
$225K → $244K
Okeechobee median sold, yr/yr
93.7%
Sale-to-list ratio (12 mo)
0 of 8
Okeechobee Park have cut their price
Median sold price, Okeechobee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 491% above the OKEECHOBEE 34972 median. See the full Okeechobee market guide →
Paper trail
This home's history
Reality check
What actually sold near 540 NW 24th Avenue
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$345,000
2321 NW 4th Street, Okeechobee FL 34972 · same community
4 bd · 2 ba · 1,774 sqft · $194/sqft · 71 DOM
Sold · Oct ’25$140,000
2628 NW 2ND STREET · same community
2 bd · 2 ba · 1,214 sqft · $115/sqft · 19 DOM
Sold · Apr ’26$265,000
2739 NW 6th Street, Okeechobee FL 34972 · same community
3 bd · 2 ba · 1,200 sqft · $221/sqft · 196 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 540 NW 24th Avenue — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 540 NW 24th Avenue — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
540 NW 24th Avenue FAQs
What would the monthly payment be for 540 NW 24th Avenue, Okeechobee FL 34972?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,546/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 540 NW 24th Avenue, Okeechobee FL 34972?+
The most recent tax bill on record (2024) was $3,957. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Okeechobee?+
At $324,900, this home is listed about 19% above the Okeechobee median of $272,600. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Positioned at the premium end
$324,900 runs 491% above the OKEECHOBEE 34972 median — but at 1,680 sqft it's also 20% larger than the typical Okeechobee listing.
02Time on market is leverage
233 days on market against a Okeechobee median of 61 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $424,900, now $324,900 — a $100K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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