Price reducedMLS® A11984115

$249,000

↓ Price reduced $6,000 on Sep 18, 2026

975 NE 33rd Terrace 203, Homestead, FL 33033

Beds: 2
Baths: 2
Sqft: 910

Est. payment$2,276/mo

Home type: Condominium
Year built: 2005
Lot size: —
Price / sqft: $274
HOA: $361/mo
Community: MONTEREY AT MALIBU BAY CO

Property description

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.

Listing activity

Days on market: 184
Listed: Mar 18, 2026
MLS listing updated: Sep 18, 2026
Feed last checked: 12 minutes ago

Listed by Andrea Imbrogno · Coldwell Banker Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0

Rooms & features

Rooms: 0
Flooring: Ceramic Tile, Vinyl
Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Furnished: Unfurnished

Heating & cooling

Heating: Electric
Cooling: Electric

Property

Parking

Garage spaces: 1
Garage: Yes
Covered spaces: 1
Parking features: Assigned, Detached, Detached Garage, Garage, Guest
Attached garage: No

Exterior

Stories: 2
Entry level: 2
Patio & porch: Porch - Open, Porch
Exterior features: Barbecue
View: Garden
Waterfront property: No

Construction

Type & style

Home type: Condominium
Year built: 2005

Materials

Construction: Block

Utilities & green energy

Utilities

Utilities: Cable Available

Community & HOA

Community

Subdivision: MONTEREY AT MALIBU BAY CO
MLS area: 2790
Security: Security Fence
Pets allowed: Pet Restrictions Possible, Yes
55+ community: No

Association

Has association: Yes
Association fee: $361 monthly
Estimated monthly dues: $361
Amenities: Maintenance, Fitness Center, Management, Parking, Spa/Hot Tub
Services included: Common Areas, Maintenance Grounds, Maintenance Structure, Roof Repairs

Lease details

Not reported by the listing source.

Location

Area details

City: Homestead
County: Miami-Dade
ZIP code: 33033

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11984115
Possession: Negotiable
Original list price: $255,000
Parcel number: 1079100231100
Annual property tax: $5,971
Tax year: 2025
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

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Fitness Center, Management, Parking, Spa/Hot Tub
Association Fee Frequency: Monthly
Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Roof Repairs
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Construction Materials: Block
County Or Parish: Miami-Dade
Days On Market: 184
Elementary School: Mandarin Lakes K-8 Academy
High School: Homestead
List Price: 249000
Listing Contract Date: 2026-03-18
Living Area: 910
MLSArea Major: 2790
Middle Or Junior School: Redland
Mls Status: Active
On Market Date: 2026-03-18
Patio And Porch Features: Porch - Open, Porch
Photos Count: 19
Postal Code: 33033
Price Change Timestamp: 2026-09-18T18:29:21Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Security Fence
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-03-18T04:00:00Z
Stories Total: 2
Subdivision Name: MONTEREY AT MALIBU BAY CO
Tax Annual Amount: 5971
Bathrooms Full: 2
Bedrooms Total: 2
Waterfront: No
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 361

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Mar 18, 2026	ListedMIAMI REALTORS® MLS	$255,000$280/sqft
Sep 18, 2026	Price reducedMIAMI REALTORS® MLS	$249,000$274/sqft

Public tax history

Year	Property taxes	Assessment
2025	$5,971	—

Payment calculator

Estimated monthly payment$2,276/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $1,292
Property taxes: $498
Insurance: $125
Association dues: $361

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MONTEREY AT MALIBU BAY CO

Homestead · Miami-Dade County · 33033

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Mandarin Lakes K-8 AcademyElementary

—

RedlandMiddle

—

HomesteadHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes