506 NW 5 AVE, Homestead, FL 33030
Parcel: 1078130080210 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700
Assessed Value (2025)
$107,976
Property Details
Beds
4
Baths
2
Living Sqft
1,608
Year Built
1971
Lot Sqft
6,800
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS
Sales History
1
$142,500
2003-02-01
CJC INC → MANUEL HERNANDEZ
2
$155,000+9%
2005-03-01
MANUEL HERNANDEZ → SARA GORSKI
3
$100non-market transfer
2026-01-27
SARA GORSKI → JORGE H ALVAREZ
4
N/A
2026-02-09
Tax Assessment History
$107,976
Assessed (2025)
$298,335
Market Value
$107,976
Taxable Value
$2,198
Annual Tax
2024
$98,160
$283,323
2025
$107,976
$298,335
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $107,976 | $298,335 | $107,976 | $2,198 | $129,200 | $169,135 |
| 2024 | $98,160 | $283,323 | $98,160 | $1,998 | $129,200 | $154,123 |
About 506 NW 5 AVE, Homestead, FL 33030
506 NW 5 AVE, Homestead, FL 33030 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1971 with 1,608 square feet of living space on a 6,800 square foot lot. The property is currently owned by JORGE H ALVAREZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 4 recorded sales for this property. The 2025 assessed value is $107,976 with a market value of $298,335. This breaks down to $129,200 for the land and $169,135 for the building.
The assessed value increased 10% from $98,160 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. 506 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 2003 to 2026, with 4 recorded transactions in the public record..
Current Owner
JORGE H ALVAREZ
506 NW 5 AVE, HOMESTEAD, FL, 33030
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$26,268
Median Home Value$243,200
Pop. Density6,925/sq mi
Neighborhood 33030
38.7%
Owner-Occ
61.3%
Investor
162
Flips (4yr)
2,345
New Biz (3yr)
Distress Risk
ELEVATED
41
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