413 NW 5 AVE, Homestead, FL 33030

413 NW 5 AVE, Homestead, FL 33030 is a 8-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1971 with 3,314 square feet of living space on a 14,008 square foot lot. The property is currently owned by FRANK V PALACIOS, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2023-07-11 for $625,000. There are 4 recorded sales for this property. The 2025 assessed value is $613,020 with a market value of $613,020.

This breaks down to $266,152 for the land and $346,868 for the building. The assessed value increased 9% from $560,857 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $26,268, and the median home value is $243,200. The population density is 6,925 people per square mile.

There are active mortgage liens totaling $383,522 recorded against this property. 413 NW 5 AVE, Homestead, FL 33030 is located in Homestead, Florida. Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2019 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 98% of the most recent sale price. Based on the most recent sale, this property traded at $189 per square foot — a key metric for comparing value across Homestead's real estate market..