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Wade M. Berlin

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  4. 540 24th Avenue, Okeechobee, FL 34972
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540 24th Avenue
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PRICED AT ONLY: $389,900

Address: 540 24th Avenue, Okeechobee, FL 34972

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 $1,650 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 area's strong demand and limited rental availability, there's ample room to increase rents and maximize your return.

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  • MLS#: F10541239 ( Residential )
  • Street Address: 540 24th Avenue
  • Viewed: 122
  • Price: $389,900
  • Price sqft: $173
  • Waterfront: No
  • Year Built: 1991
  • Bldg sqft: 2252
  • Garage / Parking Spaces: 1
  • Days On Market: 150

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 $1,650 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 area's 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
  • Roof: Composition, Shingle
School Information
  • High School: Boynton Beach
  • Middle School: Carver Community
  • School Elementary: Crosspointe
Garage and Parking
  • Parking Features: Attached Garage, Garage
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: No Restrictions, Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
Amenities
  • Association Amenities: None
Finance and Tax Information
  • Home Owners Association Fee: 40
  • Tax Year: 2018
Other Features
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Furnished: Unfurnished
  • Interior Features: Walk-In Closet(s)
  • Legal Description: GREATER BOYNTON PLACE PL 2 LT 171
  • Levels: Multi/Split
  • Parcel Number: 00424526260001710
  • Views: 122
  • Zoning Code: RS
Nearby Subdivisions
An Unrecorded Subdivision   Basinger   Bassinger   Basswood   Basswood 01   Basswood Estates   Basswood Incorporated Un 1   Basswood Un 02   Basswood Un 04   Central Acres Sec 1   Central Business Section   Dark Hammock Ranchettes   Dixie Ranch Acres   Dixie Ranch Estates   East Railroad Subdivision   Edwards Sub   Fort Drum   Indian Hammock Hunt Riding C   Indian Hammock Hunt And Riding   Lake Montaza Estates Section   Lots 0 & P Of Tract 1 East 1/2   Mallard Landing   N/a   Na   None   Northwest Add   Northwest Addition   Nw   Oak Park   Okeechobee Little Farms   Okeechobee Park   Otter Creek   Otter Road   Playland Park   Quali Acres   River Acres   River Run   River Run Resort Sub   Southern Colonization   Southern Colonization Co   Southern Colonization Company    Southern Pine Addition   The Southern Colonization Comp   Tract 28   Viking 2 (mkt)   Viking 2/the Prairie   Viking Estates   Viking Tr 16   Vikings  
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Wade M. Berlin

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