$392,289Average Value$197Average Price per Sq Ft1Home For Sale
The gated Malibu Bay offers both suburban and commuter benefits
Nestled in the northeast corner of Homestead, Malibu Bay is a guard-gated, master-planned community that offers convenient and secure suburban living. The neighborhood attracts those who appreciate Miami but don't necessarily want the cost or the traffic. Homestead suburbs, especially Malibu Bay, are ideally situated for that predicament. The community, right off Ronald Reagan Turnpike, is practical for commutes to Miami and anywhere else due north or south. "This area's located at a perfect spot where you can access the turnpike in a few minutes – no inside roads, no traffic," says Saud Rai, a local CEO of Skywalker Group Realty of Keyes Company. "So, a lot of people here work in Miami. How long the commute is depends on how heavy traffic is, but without traffic you can get out of Homestead and into Miami within 15 minutes." Additionally, Malibu Bay sits next door to Baptist Health Homestead Hospital, a major employer. "Homestead is the bridge between Miami and the Florida Keys," Rai says. "To me, the quality of life in Homestead is better than Miami since you're not fighting traffic and you don't have Miami prices. People used to say Homestead was too far away. Now? Everything is here."
Peaceful palm tree shades at Malibu Bay and Waterstone makes for tranquil living.
Incoming residents can feel safe living in the gated Malibu Bay and Waterstone communities.
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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."
The Malibu Bay community has many charming Spanish-revival style homes to choose from.
Spend some quality time around the Malibu Bay and Waterstone community in Homestead, FL.
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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."
Come to Taqueria Morelia for fresh Mexican food, friendly service, and that ultimate salsa bar.
Breakfast in Malibu Bay and Waterstone requires a visit to the Cuba Bakery.
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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.
Homestead Middle School in Homestead, FL has a B rating on Niche.
Mandarin Lakes K-8 Center in Homestead, FL has about 800 students.
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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.
Welcome to Mayor Roscoe Warren Municipal Park near the Malibu Bay and Waterstone region.
Play a friendly volleyball match on the court at the Mayor Roscoe Warren Municipal Park
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
Interested in learning more about homes in this area?
Reach out to
Michelle Haast,
an experienced agent in this neighborhood.
Transit
Airport
Miami International
43 min drive
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.
Charming 3-Bedroom, 2.5-Bathroom totally renovated Townhouse !!! This bright and spacious townhouse offers an open kitchen with modern finishes, perfect for entertaining, & flows seamlessly into the family room and living room. Featuring tile flooring downstairs and laminate flooring upstairs, this home provides both comfort & style. The generous layout includes a primary suite with an en-suite
Cute and cozy condo available in Malibu Bay! This first floor unit offers a spacious floor plan, with walk in closets, tile floors and more! Gated community is complete with clubhouse, gym, swimming pool,play area, and more! Conveniently located near the Turnpike, and is close to medical centers, dining, and entertainment. Will not last!
Cute and cozy home in Villas at Carmel! This property will not disappoint, and features a spacious layout! All tile floors downstairs! Gated community with luxurious clubhouse which includes swimming pool, gym, and play area. Conveniently located close to the Turnpike, and is close to dining, medical centers, and entertainment.
Lovely 3 bedroom unit in Malibu Bay! This home features a spacious layout with high ceilings and great closet space Gated community with clubhouse! Will not last!
Stunning two-story lake view home with first floor entry in the quiet gated community of Villas at Carmel with lake view. This is a 3 bedroom, 3 bath home with tile & hardwood floors throughout, & one of the **ONLY** units with a full bedroom downstairs. Large backyard overlooking the lake. Incredible master with separate tub & shower. The dining area overlooks the patio and lake. The kitchen is
Interested in learning more about homes in this area?
Reach out to
Michelle Haast,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
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.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
