3 months on rocket

1640 NE 5th St, Homestead, FL, 33033

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
2 Full Baths
1,358 SqFt
$258/SqFt
Townhouse

Location

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1640 NE 5th St, Homestead$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingTwo or More Spaces
Year Built2005
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11643598
StatusActive

About 1640 NE 5th St

Investor Alert! Rented Two Story Townhouse with 3 Bed 2 Bathrooms in Homestead, FL. This unit was built in 2005 and has 1358 square feet of living area. Tile Downstairs in the Living Areas & Kitchen with Carpet in the Upstairs areas. This home has a Gated Backyard with grassy area & room for the tenants to barbeque. The property has NO Association Approval required for buyers or tenants. The $35 per month maintenance fee is one of the lowest in the area! This property is already Rented at a market rent of $2,400. Perfect opportunity for Investors who want immediate rental income. Do not knock on door or disturb the tenants. This is a lot and block townhome that has impact windows installed.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 1,358 SqFt

Listing Office:

  • Office Name: MSP Group, LLC
  • Office Phone: (786) 671-0149
  • Listing Agent: Samuel Mekras

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Security/High Impact Doors, Patio, Storm/Security Shutters

Parking Information:

  • Parking: Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 1640 NE 5th St
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $258/SqFt

HOA Fees:

  • Amount: $35
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,498
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Homestead, FL.

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Homestead, FL

City

Med. Sold Price

$464.9K

Med. Price/SqFt

$272

Avg. Days On Market

64

# of Sold Homes

150

1640 NE 5th St vs Homestead

95 DAYS ON ROCKET

+31 Days

$350,000

-$114.9K Less

$258/SqFt

-$14 Less

KEY TAKEAWAY

This property is $114.9K less than the Median Sold Price and $14/SqFt less than other homes in Homestead, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11643598

Listing Office:

  • Office Name: MSP Group, LLC
  • Office Phone: (786) 671-0149
  • Listing Agent: Samuel Mekras

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,498$121,000
2018$2,026$90,266
2017$1,930$99,220

History based on county public records data.

Payment Calculator

$1,849

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-553788
5
/10

  • Campbell Drive K-8 Center

  • 15790 SW 307th St

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-553789
4
/10

  • Gateway Environmental K-8 Learning Center

  • 955 SE 18th Ave

  • 1.02 miles

  • Public District Grades PK-5

school-card-donut-553790
9
/10

  • Somerset Academy Charter Elementary School (South Homestead)

  • 300 SE 1st Dr

  • 1.29 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,434. Most Homestead, FL residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1640 NE 5th St

What is the listing price of this property?

The listing price of 1640 NE 5th St property is $350,000.

What type of property is this?

The property 1640 NE 5th St is a townhouse located in Homestead, Florida, 33033.

Is this property for sale now?

Active Listing: 1640 NE 5th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,498 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1640 NE 5th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1640 NE 5th St is 1,358 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1640 NE 5th St is 2005.

Rocket Homes›Florida›Miami-Dade County›Homestead›33033›1640 NE 5th St

This home is located at 1640 NE 5th St in Homestead, FL and zip code 33033. This 1,358 square foot home was built in 2005. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $350,000.

In October 2024, from all listings sold in Homestead, FL there were more than 20 sold above asking price, over 85 sold below and more than 45 were sold right at the asked price. The inventory of homes for sale in Homestead, FL between September 2024 and October 2024 increased by 3.5%. While the average time on the market in October 2024 was 64 days, the median list price was $464,925.

From Rocket Homes Real Estate and based on county public records data.

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