Malibu Bay
Resort-style living with Spanish flair includes family-friendly events
Malibu Bay is a resort-style community composed of Spanish- and Mediterranean-inspired residences originally built in the early 2000s. "It's well-maintained, and the security is top-notch. You're close to all of Homestead's new development, too," Rai says. Single-family properties come in a variety of builds. From quaint, single-story ranch-style houses to six-bedroom, bi-level estates with double garages. Prices start in the low-$400,000s and go up to the mid-$600,000s. As for multifamily homes, including town houses and condos, prices range from $240,000 to the mid-$400,000s. All of Malibu Bay, including the Monterey subcommunity, is managed by an HOA, and residents have access to the neighborhood's clubhouse. "They do holiday events at the clubhouse," Rai says, "Like for St. Patty's, Easter, Halloween and Christmas. The kids and families love that."Campbell Drive connects residents to local Latin American eateries
Campbell Drive runs through Malibu Bay's south side, providing folks with a manageable route to nearby commercial areas with pharmacies, banks and grocery stores. Fast food options are aplenty, and local spots like El Coquí Is Here offer mofongo and other authentic Puerto Rican entrées. Another option is Taqueria Morelia, a neighborhood favorite with traditional Mexican dishes like huevos rancheros, flautas and tortas. "We have big chains as well as small, independent mom-and-pop restaurants," Rai says. "You really don't need to go out of Homestead to look for anything. We have everything."Miami-Dade public schools and city charter schools serve students
Local students can start school at Mandarin Lakes K-8 Academy, which receives a C-minus from Niche, before graduating from Homestead Senior High, which holds a B. The high school has magnet programs in veterinary science, nursing and hospitality management. Alternatively, the city is also home to some respected charter schools that students can attend, such as Somerset Academy's Homestead locations and the Charter School at Waterstone. Educating students from kindergarten through fifth grade using Project-Based Learning, the Charter School at Waterstone encourages students to apply knowledge and skills learned to in-class projects and real-world experiences.Mayor Roscoe Warren Municipal Park provides fresh air
While no public parks are immediately within the neighborhood, a handful are within a 5-mile drive, including Mayor Roscoe Warren Municipal Park. This recreational hub is a popular spot to play volleyball on the sand courts. It also totes picnic-perfect lawns, playgrounds, soccer fields, basketball courts and a dog park for four-legged friends to enjoy the South Florida sunshine.
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Agents Specializing in this Area
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Elizabeth Ristine
Elizabeth Ristine
Pan Florida Realty, Inc.
(786) 723-8637
54 Total Sales
1 in Malibu Bay
$499,000 Price
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Wil Estrada
Wil Estrada
Certezza Realty LLC
(786) 496-1989
29 Total Sales
1 in Malibu Bay
$260,000 Price
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Carlos A. Rojas
Carlos A. Rojas
ReLink Real Estate
(786) 751-2319
74 Total Sales
1 in Malibu Bay
$442,500 Price
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Marlon Cadenas
Marlon Cadenas
Responds QuicklyGrand Beach Realty LLC
(786) 807-8323
48 Total Sales
2 in Malibu Bay
$325K - $350K Price Range
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Anna Jimenez
Anna Jimenez
Compass Florida, LLC.
(786) 670-9133
50 Total Sales
1 in Malibu Bay
$570,000 Price
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Alberto Vasquez
Alberto Vasquez
Keller Williams Realty SW
(786) 741-7613
365 Total Sales
2 in Malibu Bay
$290K - $310K Price Range
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- Pre-K to 8th
- Public
- K to 12th
- Private
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Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Malibu Bay | US |
|---|---|---|
| Homicide | 3 | 4 |
| Sexual Assault | 3 | 4 |
| Assault with Weapon | 3 | 4 |
| Robbery | 3 | 4 |
| Burglary | 2 | 4 |
| Motor Vehicle Theft | 3 | 4 |
| Larceny | 2 | 4 |
| Crime Score | 3 | 4 |
Source: WhatIsMyCrimeRisk.com
Malibu Bay Demographics and Home Trends
On average, homes in Malibu Bay, Homestead sell after 151 days on the market compared to the national average of 70 days. The median sale price for homes in Malibu Bay, Homestead over the last 12 months is $450,000, up 53% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$370,990
Median Sale Price
$450,000
Median Single Family Sale Price
$339,990
Median Townhouse Sale Price
$477,490
Median 2 Bedroom Sale Price
$285,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
241
Median Home Sale Price YoY Change
53%
Average Price Per Sq Ft
$197
Neighborhood Facts
Number of Homes in Neighborhood
860
Number of Homes for Sale
1
Median Year Built
2005
Months of Supply
0.00
Average Single Family Home Size Sq Ft
2,219
Above the national average
1,924
Average Townhouse Size Sq Ft
1,260
Average 2 Bedroom Size Sq Ft
958
Median Lot Size Sq Ft
6,098
Distribution of Home Values
Homes for Sale
Homes for Rent
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,716
Median Age
36
Population under 18
28.8%
On par with the national average
23.8%
Population over 65
11.3%
Below the national average
19.1%
Finances
Median Household Income
$63,328
Below the national average
$71,702
Average Household Income
$82,952
Education and Workforce
High School Graduates
91.5%
College Graduates
30.5%
On par with the national average
34.1%
Advanced Degrees
12.7%
% Population in Labor Force
68.2%
On par with the national average
65.1%
Weather
Annual Precipitation
64''
Average Winter Low Temperature
56°F
Average Summer High Temperature
91°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
32
/ 100
Car-Dependent
Walk Score®
12
/ 100
Some Transit
Transit Score®
27
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Waterstone
Master-planned, guard-gated community near schools, parks and major thoroughfares
Leisure City
From the Coral Castle to the new town house, a community that reinvents itself
Naranja
Laid-back agricultural community in tropical South Florida
East Homestead
Quiet single and multifamily community off U.S. 1, close to schools and parks
Modello
Residential neighborhood in the southern Florida countryside
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