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Malibu Bay Multifamily Home for Sale

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    $319,000

    • 2 Beds
    • 2 Baths
    • 1,057 Sq Ft

    3248 NE 11th Dr, Homestead, FL 33033

    Welcome to Malibu Bay — a highly sought-after gated community in Homestead, just minutes from Baptist Hospital, shopping plazas, and a variety of local and chain restaurants. With convenient access to the Florida Turnpike, this charming 1-story villa offers 2 bedrooms, 2 bathrooms, and a 1-car garage with a spacious driveway that accommodates two or more vehicles. The home features soaring

    Jose Medina Chez Realty, LLC.

    3248 NE 11th Dr, Homestead, FL 33033

Why Live in Malibu Bay

Malibu Bay in Homestead is a guard-gated, master-planned community located in the northeast corner of the city. This suburban neighborhood offers convenient access to Miami via the nearby Ronald Reagan Turnpike, making it a practical choice for commuters. The community is adjacent to Baptist Health Homestead Hospital, a significant local employer. Homes in Malibu Bay feature Spanish and Mediterranean designs, with options ranging from single-story ranch-style houses to larger six-bedroom estates, all built in the early 2000s. The neighborhood also includes multifamily homes like townhouses and condos. Managed by an HOA, residents enjoy amenities such as a clubhouse that hosts holiday events. Campbell Drive runs through the south side of Malibu Bay, providing easy access to commercial areas with pharmacies, banks, grocery stores, and dining options. Local eateries include El Coquí Is Here, known for Puerto Rican cuisine, and Taqueria Morelia, offering traditional Mexican dishes. Students in the area attend Mandarin Lakes K-8 Academy and Homestead Senior High, which features magnet programs, or respected charter schools like Somerset Academy and the Charter School at Waterstone. While there are no public parks within the neighborhood, several parks, including Mayor Roscoe Warren Municipal Park, are within a 5-mile drive and offer various recreational facilities. Malibu Bay is noted for its lower crime risk compared to the national average, enhancing its appeal as a secure and convenient place to live.

Home Trends in Malibu Bay, FL

Housing Trends

Median Sale Price
$368,500
Median Single Family Sale Price
$590,000
Median Townhouse Sale Price
$368,500
Median 2 Bedroom Sale Price
$249,500
Average Price Per Sq Ft
$262
Number of Homes for Sale
44
Last 12 months Home Sales
57
Months of Supply
9.30
Median List Price
$335,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
13%
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