963 NE 2 AVE, Homestead, FL 33030

Parcel: 1079070240040 · Multifamily 2-9 Units · 2 Living Units · Zoning: 5700

Assessed Value (2025)
$347,377

Property Details

Beds
4
Baths
2
Living Sqft
2,282
Year Built
1956
Lot Sqft
7,622
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
N/Anon-market transfer
1992-01-01
2
$26,900
1993-11-01
3
$292,000+986%
2019-10-14
JOHNNY R HAMIDFRANK PALACIOS

Tax Assessment History

$347,377
Assessed (2025)
$426,947
Market Value
$347,377
Taxable Value
$7,072
Annual Tax
2024
$291,176
$396,774
2025
$347,377
$426,947
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $347,377 $426,947 $347,377 $7,072
2024 $291,176 $396,774 $291,176 $5,928

About 963 NE 2 AVE, Homestead, FL 33030

963 NE 2 AVE, Homestead, FL 33030 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1956 with 2,282 square feet of living space on a 7,622 square foot lot. The property is currently owned by FRANK 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 2019-10-14 for $292,000, when JOHNNY R HAMID sold to FRANK PALACIOS. The property has appreciated $265,100 (986%) since the prior sale of $26,900 on 1993-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $347,377 with a market value of $426,947. This breaks down to $173,903 for the land and $253,044 for the building. The assessed value increased 19% from $291,176 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 $32,204, and the median home value is $402,400.

The population density is 6,392 people per square mile. 963 NE 2 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 1992 to 2019, with 3 recorded transactions in the public record. The current assessed value represents 119% of the most recent sale price. Based on the most recent sale, this property traded at $128 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

FRANK PALACIOS
24001 SW 142 AVE, HOMESTEAD, FL, 33032
Since: 2026-03-29
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$4,568 — $8,442
Flood $400 — $800
Property/Wind $4,168 — $7,642

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$32,204
Median Home Value$402,400
Pop. Density6,392/sq mi

Neighborhood 33030

38.7%
Owner-Occ
61.3%
Investor
162
Flips (4yr)
2,345
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →
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