975 NE 33rd Ter # 203, Homestead FL 33033, HOMESTEAD, FL, 33033
Active152 days on marketListed Mar 18, 2026MLS #A11984115
About this home
975 NE 33rd Ter # 203, Homestead FL 33033
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.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
910
Sqft
1
Garage
2005
Year built
$280
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,633 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,633/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+21.3%
$/sqft vs MONTEREY AT MALIBU BAY CO
$280 vs $238
Days on market
152 vs 57 typical
Where $280/sqft sits among the 8 homes for sale in MONTEREY AT MALIBU BAY CO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Malibu Bay
Get to know Homestead. See the full Homestead guide →
Malibu Bay — neighborhood snapshot
Population
3,812
Median age
34
Median income
$79,263
Median home value
$314,500
Avg household
3
Households w/ children
468
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Homestead market
$461K → $488K
Homestead median sold, yr/yr
98.9%
Sale-to-list ratio (12 mo)
3 of 8
MONTEREY AT MALIBU BAY CO have cut their price
Median sold price, Homestead, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 20% below the HOMESTEAD 33033 median. See the full Homestead market guide →
Paper trail
This home's history
Reality check
What actually sold near 975 NE 33rd Ter # 203
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$230,000
980 NE 33rd Ter # 203, Homestead FL 33033 · same community
2 bd · 2 ba · 910 sqft · $253/sqft · 17 DOM
Sold · Apr ’26$230,000
985 NE 33rd Ter # 102, Homestead FL 33033 · same community
2 bd · 2 ba · 920 sqft · $250/sqft · 41 DOM
Sold · Jul ’26$205,000
975 NE 34th Ave # 103, Homestead FL 33033 · same community
2 bd · 2 ba · 920 sqft · $223/sqft · 12 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 975 NE 33rd Ter # 203 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 975 NE 33rd Ter # 203 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
975 NE 33rd Ter # 203 FAQs
What would the monthly payment be for 975 NE 33rd Ter # 203, Homestead FL 33033?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,633/mo — principal and interest, the actual property-tax bill, the $361/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 975 NE 33rd Ter # 203, Homestead FL 33033?+
The association fee works out to $361 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 975 NE 33rd Ter # 203, Homestead FL 33033?+
The most recent tax bill on record (2025) was $5,971. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 975 NE 33rd Ter # 203, Homestead FL 33033?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Homestead?+
At $255,000, this home is listed about 43% below the Homestead median of $449,000. The market section on this page shows how the area is trending.
Which schools are assigned to 975 NE 33rd Ter # 203, Homestead FL 33033?+
Title I Migrant Education Program (), Mandarin Lakes K-8 Academy (elementary), Homestead Senior High School (high), Redland Middle School (middle), Instructional Center System Wide (), District Instructional Center (Dic) () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the HOMESTEAD 33033 market on paper
$255,000 is 20% below the HOMESTEAD 33033 median of $320,000, and at $280/sqft it sits under the Homestead average of $290.
02Garden View views
The garden view view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
152 days on market against a Homestead median of 57 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of Coldwell Banker Realty · Andrea Imbrogno. MLS #A11984115.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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