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$460,000 Sale Pending
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Property 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.
Full Property Details
Full Property Details for 963 NE 5th Ave
General
- Price: $460,000
- Taxes: $8,484 (2025)
- Status: Pending
- Type: Duplex
- Source: Greater_Miami
- MLS ID: A12063783
- Updated: 8/6/2026
- Added to Site: 24 day(s) ago
Rental Information
- Rent Includes: None
Interior
- Flooring: Tile
Parking
- Total Spaces: 4
Location
- Area: J U Free 2nd Addn To Home
- County: Miami-Dade County
- Subdivision: J U FREE 2ND ADDN TO HOME
- Building Name: J U FREE 2ND ADDN TO HOME
Community
- Community Name: J U Free 2nd Addn To Home
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 2118
- Square Feet: 2,070
- Living Area: 2,070 Sq. Ft.
- Year Built: 1984
Unit Information
- Units in Complex: 2
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3000
Financial Considerations
- Price Per Sq. Ft.: $222.22
- Tax Amount: $8,484
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Other Available Information
- Legal Description: J U FREE 2ND ADD TO HOMESTEAD PB 4-141 LOT 38 LOT SIZE 50.000 X 137 OR 20495-3551 062002 1 COC 23382-4361 05 2004 1
- Property ID: 10-79-07-017-0261
Listed by A & G Team Realty, LLC
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Schools
Schools serving 963 NE 5th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
West Homestead Elementary School 1550 Southwest 6th Street, Homestead, FL 33030 | PK-5 | 2 mi |
Homestead Middle School 650 Northwest 2nd Avenue, Homestead, FL 33030 | 6-8 | 0.9 mi |
South Dade Senior High School 28401 Southwest 167th Avenue, Homestead, FL 33030 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 963 NE 5th Ave
Date
Details
Price
Change
Source
8/04/2026
Listed
$460,000
113.95%
MLS
3/14/2018
Sold
$215,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 963 NE 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,838
1%
$354,579
—
2024
$8,770
29%
$356,098
10%
2023
$6,793
58%
$323,366
60%
2021
$4,307
-27%
$201,732
-27%
2022
$5,940
38%
$276,717
58%
2021
$4,307
22%
$175,278
10%
2019
$3,537
27%
$159,463
38%
2018
$2,776
6%
$115,733
-22%
2017
$2,617
9%
$147,509
54%
2016
$2,398
15%
$95,648
10%
2015
$2,088
9%
$86,953
10%
2014
$1,918
18%
$79,049
10%
2013
$1,624
—
$71,863
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 963 NE 5th Ave
963 NE 5th Ave, Homestead, FL 33030 (MLS# A12063783) is a Duplex property with 0 bedrooms and 0 full bathrooms. 963 NE 5th Ave is currently listed for $460,000 and was received on August 04, 2026. Want to learn more about 963 NE 5th Ave? Do you have questions about finding other Duplex real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.

