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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Okeechobee presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Okeechobee offers a distinctive niche for short-term rental investors drawn to Florida's inland lake country. With an average daily rate of $208—well below the $498 state average—and an occupancy rate of 62% that actually outpaces the 54% statewide figure, the market delivers affordable entry with surprisingly strong demand. The 72 active listings signal a compact, still-developing market, though the 127% year-over-year listing growth suggests that other investors are catching on quickly.
According to Rabbu market data, the Okeechobee short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 72 |
| Average Daily Rate (ADR) | vs. $498 state avg. | $208 |
| Average Occupancy Rate | vs. 54% state avg. | 62% |
| RevPAN | ADR * Occupancy Rate | $130 |
| Average Monthly Revenue | Historical 12-month average | $1,992 |
| Average Annual Revenue | Historical 12-month average | $23,906 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Okeechobee appeals to investors seeking an affordable Florida entry point where outdoor recreation drives year-round—if seasonal—guest demand.
Key investment factors
"Okeechobee presents a competitive but approachable opportunity, reflected in its ROI score of 52 out of 100. Revenue peaks sharply in March at $4,302 per month and dips to a low of $751 in September, creating pronounced seasonality that investors need to plan around. The market's strength lies in its above-average occupancy relative to Florida peers and the meaningful revenue jump available in larger property configurations. However, below-average occupancy stability and supply/demand balance mean careful deal sourcing and property selection matter more here than in steadier markets."
— Rabbu Market Analysis Team
Okeechobee exhibits strong seasonality, with March ($4,302) delivering nearly six times the revenue of the slowest month, September ($751). The winter-spring corridor from December through March is clearly the peak earning window, while the summer and early fall months represent a significant revenue trough that investors should budget around.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,757 |
| February |
|
$3,102 |
| March |
|
$4,302 |
| April |
|
$2,166 |
| May |
|
$1,404 |
| June |
|
$1,199 |
| July |
|
$1,449 |
| August |
|
$1,075 |
| September |
|
$751 |
| October |
|
$1,280 |
| November |
|
$1,662 |
| December |
|
$2,753 |
Two-bedroom listings lead the supply count with 26 of the market's 72 active properties, followed closely by 3-bedrooms at 21. Four-bedroom homes are notably underrepresented with only 7 listings, which could signal a supply gap worth exploring given their outsized revenue potential.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
14 |
| 2 bedrooms |
|
26 |
| 3 bedrooms |
|
21 |
| 4 bedrooms |
|
7 |
ADR scales steadily from $123 for 1-bedroom units to $392 for 4-bedroom properties, a more-than-threefold jump. The sharpest rate premium appears between 3-bedrooms ($217) and 4-bedrooms ($392), suggesting that larger properties command a significant nightly price advantage in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$123 |
| 2 bedrooms |
|
$173 |
| 3 bedrooms |
|
$217 |
| 4 bedrooms |
|
$392 |
RevPAN climbs from $58 for 1-bedroom listings to $259 for 4-bedrooms, confirming that larger properties generate substantially more revenue per available night even after occupancy is factored in. Three-bedroom units at $147 RevPAN offer a solid middle ground for investors who want meaningful returns without the higher acquisition cost of a 4-bedroom.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$58 |
| 2 bedrooms |
|
$114 |
| 3 bedrooms |
|
$147 |
| 4 bedrooms |
|
$259 |
Three-bedroom listings lead occupancy at 68%, while 2- and 4-bedroom units both hover around 66%. One-bedroom properties lag meaningfully at 47%, suggesting weaker demand for smaller accommodations in this outdoor-recreation-focused market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
47% |
| 2 bedrooms |
|
66% |
| 3 bedrooms |
|
68% |
| 4 bedrooms |
|
66% |
Monthly revenue ranges from $1,024 for 1-bedroom listings up to $4,128 for 4-bedroom properties, illustrating a clear premium for larger accommodations. The jump from 3-bedrooms ($2,418/month) to 4-bedrooms ($4,128/month) represents a 71% revenue increase, making the larger configuration particularly attractive for investors who can source the right property.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,024 |
| 2 bedrooms |
|
$1,566 |
| 3 bedrooms |
|
$2,418 |
| 4 bedrooms |
|
$4,128 |
Four-bedroom properties stand out with average annual revenue of $49,540—more than four times the $12,296 generated by 1-bedroom units. Three-bedroom listings at $29,017 annually offer a strong balance of revenue potential and likely more moderate acquisition costs, making them a practical sweet spot for many investors.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$12,296 |
| 2 bedrooms |
|
$18,800 |
| 3 bedrooms |
|
$29,017 |
| 4 bedrooms |
|
$49,540 |
Kitchen (97%) and parking (96%) are essentially table stakes in Okeechobee, reflecting the rural, drive-to nature of the market. Lake access (56%) and waterfront positioning (49%) appear in roughly half of listings and likely serve as key differentiators, while BBQ grills (69%), backyards (63%), and outdoor furniture (57%) underscore guest expectations for outdoor living space.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
97% |
| Parking |
|
96% |
| Washer |
|
82% |
| Self Check-in |
|
79% |
| Dryer |
|
74% |
| BBQ Grill |
|
69% |
| Backyard |
|
63% |
| Patio or Balcony |
|
61% |
| Outdoor Furniture |
|
57% |
| Workspace |
|
57% |
| Lake Access |
|
56% |
| Waterfront |
|
49% |
| Pets |
|
39% |
| Pool |
|
14% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Okeechobee Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Below average | 15% |
Okeechobee's ROI score of 52 out of 100 places it in the 'Competitive Opportunity' band, meaning the market has genuine investor appeal but demands selective deal sourcing. The revenue-to-price ratio and market growth trend both rate as average, while occupancy stability and supply/demand balance fall below average—a reflection of the sharp seasonality and the rapid 127% listing growth that's intensifying competition. Pairing these metrics with thorough local regulatory research and targeting higher-performing property sizes (3–4 bedrooms with lake access) can help investors navigate the market's tighter margins.
Understanding local STR regulations is essential before investing in Okeechobee. Here's the current regulatory landscape:
Florida requires short-term rental operators to register with the Department of Business and Professional Regulation (DBPR), and Okeechobee County may impose additional local licensing or permitting requirements. Investors should verify current permit obligations with both the City of Okeechobee and Okeechobee County before listing a property.
Common restrictions in Florida STR markets include occupancy limits, noise and parking rules, minimum-stay requirements, and potential HOA or deed restrictions that could prohibit or limit rentals. Some communities near Lake Okeechobee may also have environmental or zoning considerations that affect property use, so reviewing local ordinances is essential before purchasing.
Short-term rental hosts in Florida are generally required to collect and remit state sales tax as well as any applicable county tourist development tax. Platforms like Airbnb often handle state-level collection automatically, but operators should confirm whether Okeechobee County requires separate registration or remittance for local taxes.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Okeechobee can provide current regulatory guidance.
Financing an Airbnb investment in Okeechobee requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Okeechobee's STR market is likely to see continued supply growth given the 127% year-over-year increase in active listings. Seasonal patterns suggest ADR could firm up another 2–4% during the peak winter-spring window (January through March), while summer and fall months may remain softer. Occupancy could face modest downward pressure as new listings absorb demand, potentially settling in the 55–62% range market-wide. Investors who target 3- or 4-bedroom properties with waterfront or lake access should be best positioned to capture the strongest seasonal revenue."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, permit requirements, and tax obligations may change; always verify current rules with local authorities before investing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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