$460,000
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.
A12063783
MLS
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33030
Zip Code
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J U Free 2nd Addn To Home BLDG.
963 Ne 5th Ave, Homestead