The success of multicarrier modulation in the form of OFDM in radio channels illuminates a path one could take towards high-rate underwater acoustic communications, and recently there are intensive investigations on underwater OFDM. In this paper, we implement the acoustic OFDM transmitter and receiver design of [4, 5] on a TMS320C6713 DSP board. We analyze the workload and identify the most time-consuming operations. Based on the workload analysis, we tune the algorithms and optimize the code to substantially reduce the synchronization time to 0.2 seconds and the processing time of one OFDM block to 1.7 seconds on a DSP processor at 225 MHz. This experimentation provides guidelines on our future work to reduce the per-block processing time to be less than the block duration of 0.23 seconds for real time operations.