About This Home

This 4-bedroom, 0-bathroom multi-family at 963 NE 5th Ave in Homestead, FL is listed for $460,000 ($222 per sqft). Built in 1984, the home offers 2,070 sqft of living space on a N/A lot.

Key Features

  • Built in 1984
  • 4 parking spaces

Property Details

1 story
2 full
4 spaces
1984

Amenities

A/C
Listing Description

Located at 963 NE 5th Avenue in Homestead, this income-producing duplex offers an excellent opportunity for investors or owner-occupants seeking a versatile multifamily property with strong long-term potential. Built in 1984, the one-story residence provides approximately 2,070 square feet of living area on a 6,850-square-foot lot.

The property contains a total of four bedrooms and two full bathrooms, configured across two separate units, making it well suited for rental income, multigenerational living, or an owner-occupant strategy. Constructed of durable concrete block, the property features tile flooring, central air conditioning, electric heating, public water and sewer, separate utility meters, a fenced exterior, and parking for multiple vehicles.

Its functional layout and established duplex configuration offer flexibility for future improvements, modernization, and increased rental performance. With thoughtful renovations, an investor may be able to enhance both tenant appeal and the property's overall value.

The property is conveniently situated near Downtown Homestead, local shopping, restaurants, schools, parks, and major transportation routes, providing residents with easy access throughout South Miami-Dade. This is a compelling value-add opportunity for a buyer looking to acquire a well-located duplex with two rentable units, solid construction, generous parking, and the potential to create reliable long-term cash flow in a growing Homestead rental market.

Monthly Cost Estimate

$2,460/mo

20% down · 6.5% · 30 years

Principal$333
Interest$1,993
Insurance$134

Estimates only. Actual payments may vary.

Location

963 NE 5th Ave

Homestead, FL 33030

J U FREE 2ND ADDN TO HOME

Property Details

Flooring

Tile

Construction

Block

Heating

Central

Cooling

Central Air

Questions & Answers

This 4-bedroom, 0-bathroom multi-family at 963 NE 5th Ave is listed at $460,000 ($222/sqft). The estimated monthly payment is $2,460 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1984, 4 parking spaces.

This property is listed by Jose Duran Menendez.

JM

Jose Duran Menendez

License 3515656

Agent at A & G Team Realty LLC

Listed by A & G Team Realty LLC · Broker phone: (305) 970-3128 · View on Broker Site · Broker website

MLS# A12063783· Source: Miami REALTORS®· 1 day on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

963 NE 5th Ave, Homestead, FL 33030

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