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963 NE 5th Ave

Homestead FL 33030

2118 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

2118 sq. ft. floor area
Duplex

Property history for 963 NE 5th Ave

2018
Sold
$215,000
16 Mar 2018 by Vanessa Vignati, of Realty World Executive Homes

Happy sellers in Homestead

92%
92% of sellers in Homestead reported that their sale price either exceeded or met their price expectations.

Homestead stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Homestead over the last 12 months.

Local market activity for duplexes in Homestead

In the last 12 months, 9 duplexes similar to 963 NE 5th Ave, have been sold.

This represents a 40% increase in duplexes sales when compared to the previous 12 months.

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