Condo in 975 NE 33rd Terrace 203, Homestead, FL 33033 for sale with MLS# A11984115

Investor opportunity - tenant occupied with lease in place through December 2026, providing immediate rental income. Located in one of Homestead's most desirable communities, Malibu Bay, this beautifully updated second-floor residence in Monterrey features 2 bedrooms and 2 bathrooms with a bright, open-concept layout. The unit showcases brand-new vinyl flooring throughout, a modern kitchen equipped with Samsung stainless steel appliances, and a new A/C system. Enjoy the convenience of an in-unit washer and dryer, one assigned parking space, and plenty of guest parking. Residents have access to resort-style amenities including a clubhouse, fitness center, and pool. Ideally situated just minutes from the Florida Turnpike, Homestead Hospital, shopping, dining, and Black Point Marina.

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975 NE 33rd Terrace 203, Homestead, FL 33033

Price
Price:
$255,000.00
Original List Price:
$255,000.00
List Price per Sq Ft (Calculated, Approx.):
$280.21
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
March 18, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Separate Shower
Measures
Living Area:
910 Sqft
Property Features
View from the Property:
Garden
Waterfront:
No
Security:
Security Fence
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker
Exterior:
Barbecue
Patio and Porch:
Porch, Porch - Open
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Construction
Year Built:
2005
Levels:
Two
Entry Level (floor):
2
Construction Materials:
Block
Flooring:
Vinyl, Ceramic Tile
Number of stories:
2
Flood Zone Code:
AH
Taxes and Expenses
Tax Annual Amount:
$5,971.00
Tax Year:
2025
Association Fee:
$361.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Assigned, Guest, Detached, Detached Garage
Utilities
Utilities Available:
Cable Available
Community
Association
Special Assessment
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval, 1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Spa/hot Tub, Management, Maintenance, Fitness Center, Parking
Subdivision Name:
MONTEREY AT MALIBU BAY CO
Association Fee Includes:
Maintenance Grounds, Maintenance Structure, Common Areas, Roof Repairs
Senior Community:
No
Minimum Days per Lease:
180
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
MONTEREY AT MALIBU BAY CONDO ONE UNIT 203 BLDG 29 UNDIV 1/120 INT IN COMMON ELEMENTS OFF REC 23185-1069 COC 24117-0801 12 2005 1
Real Estate Folio Number (Parcel Number):
1079100231100
Public Schools Assigned
Elementary School:
Mandarin Lakes K-8 Academy
High School:
Homestead
Middle Or Junior School:
Redland
Listing History
Active on the market since:
March 18, 2026
Listing Agreement executed on:
March 18, 2026
Listing Status Last Changed On:
March 18, 2026 4:00 am
Photos updated on:
June 8, 2026 8:26 pm
Last Modified:
July 6, 2026 11:03 pm
Additional Information
Courtesy of:
Coldwell Banker Realty
Attribution:
Not provided
Location
Floor Number:
2
Street Name:
33rd
Street Number:
975
Unit Number:
203
City:
Homestead
State:
Florida
Zip Code:
33033
County:
Miami-Dade
Latitude:
N25° 28' 48.8''
Longitude:
W81° 34' 28.1''
Street Suffix:
Terrace
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $66,662
Median Home Value $364,700
Median Rent $1,648/mo
Median Age 33
Population 69,075

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 70 Moderate
☀️ O3 25 Good
🫁 PM2.5 70 Moderate

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Association of REALTORS®
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