This move-in-ready 2-bed, 2-bath first-floor condo offers a bright, open layout with split bedrooms, a walk-in primary closet, in-unit laundry, an impact entry door, and peaceful pond views. Enjoy the recent upgrades, including a NEW central A/C system and updated alarm. Located inside the gated community of Monterey at Malibu Bay, residents have access to resort-style amenities: a clubhouse, fitness center, two pools, playground, BBQ areas, and 24/7 security. This prime Homestead location puts you minutes from Baptist Hospital, major shopping and dining, the Turnpike, Keys Gate, Everglades National Park—and only 45 minutes from Key Largo. Financing recommendation provided. The property qualifies for Florida Housing down-payment assistance, making ownership even more attainable. Start 2026 in the perfect place to call home. This updated 2-bedroom, 2-bath first-floor condo in Monterey at Malibu Bay offers excellent value for both buyers and investors. The unit features a bright and functional split-bedroom layout, peaceful pond views, and several key improvements including a NEW central A/C system and an upgraded alarm system for peace of mind. The impact-rated entry door provides added security and storm protection, while the in-unit washer and dryer offer convenience many buyers specifically look for. The first-floor location offers easy access with no stairs, increasing appeal for a wide range of occupants.Monterey at Malibu Bay is a gated community with resort-style amenities, including a clubhouse, fitness center, two pools, playground, barbecue areas, and 24/7 security patrol. The community is well-managed and situated in a strong rental and ownership market, minutes from Baptist Hospital, major shopping centers, popular restaurants, the Homestead Turnpike exit, Everglades National Park, and just 45 minutes from Key Largo. This makes it an ideal location for commuters, medical workers, and residents seeking affordability with access to South Florida attractions.HOA dues include Master HOA of $77 per month and Condo HOA of $284.50 per month. There is also a special assessment of $191.55 per month through May 2027. To help buyers and improve affordability, the seller is offering to pre-pay six (6) months of the special assessment with an acceptable offer. This incentive reduces buyer out-of-pocket costs and offsets the monthly payment increase associated with the assessment, making the property more attainable for FHA and first-time buyers. Seller is motivated and open to reasonable offers.This property is FHA approved and also compatible with Florida Housing programs and first-time buyer down-payment assistance options, expanding the buyer pool significantly. Buyers using these programs should consult with their lender to confirm qualification and program requirements. Investors will also find strong rental demand in this community due to its proximity to Baptist Hospital and various employment centers in Homestead and the surrounding region.The unit is vacant and easy to show with Supra lockbox access. Agent contact information is provided in the Broker Remarks for gate coordination or any questions related to financing compatibility or association documents. This listing has been refreshed with improved remarks, updated pricing strategy, and a seller incentive to encourage faster activity and bring new attention to the property.Please review all HOA details, application requirements, association approval timelines, and special assessment terms during buyer due diligence. All information in this listing is accurate based on the MLS sheet provided by the association and listing broker. Buyer and buyer’s agent should verify financing requirements, association reserves, insurance coverage, and any rental restrictions directly with the HOA.Seller is motivated and prepared to close quickly. Bring all offers.
