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387 NE 37th Terrace, Homestead, FL 33033
Under Contract
246 Days on Market
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How this price compares

Asking price
$349,999
Price per sq ft
$232
Original price
$375,000
Days on market
246

This 3-bedroom townhouse in Baywinds Of Ibiza went under contract with an asking price of $349,999, or $232 per square foot. The asking price has come down 6.7% from its original $375,000. It spent 246 days on the market before going under contract.

3
Bedrooms
3
Bathrooms
1,509
Living Sq Ft
2011
Year Built

Estimated monthly payment

$1,839 /mo

Principal and interest only, based on $70,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $223/mo HOA are not included.

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Listing Snapshot

Price
$349,999
Days on Site
246 Days
Bedrooms
3
Total Baths
3
Full Baths
2
Partial Baths
1
Living Area
1,509 sqft
Total Sq Ft
1,753 sqft
Year Built
2011
Property Type
Townhouse
MLS #
A11643482
Property Tax
$7,143 (2023)
HOA Fees
$223 / Monthly
Subdivision
BAYWINDS OF IBIZA
County
Miami Dade
Status
Under Contract

About This Property

Welcome to your new home at 387 NE 37 Terrace in Homestead, FL! This beautifully designed townhouse features 3 bedrooms and 2.5 bathrooms, offering a generous 1,509 sq. ft. of living space that’s perfect for both relaxation and entertaining. The open-concept layout seamlessly blends the living, dining, and kitchen areas, creating a welcoming atmosphere filled with natural light. Upstairs, you’ll find spacious bedrooms that provide comfort and tranquility. Located in a vibrant community with access to top-notch amenities like a pool and clubhouse, this home perfectly balances modern living with convenience, being close to schools, shopping, and major highways. Don’t miss the opportunity to make this your dream home!

MLS media link

General Features

Property Type
Townhouse
Status
Under Contract
Year Built
2011
Property Condition
Resale
Number of Stories
2
Levels
Two
Garage Spaces
1
Parking
Garage / Garage Door Opener
Living Sq Ft
1,509
Total Sq Ft
1,753
Structure Type
Townhouse

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Disposal / Microwave / Trash Compactor / Washer
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Carpet / Tile
Interior Features
Dining Area / Separate Formal Dining Room / Dual Sinks / Living Dining Room / Main Level Primary / Pantry / Separate Shower / Walk In Closets
Laundry
Washer Hookup / Dryer Hookup

Exterior Features

Construction
Block
Exterior Features
Lighting / Outdoor Living Area
Pool Features
Association
Patio & Porch
Patio

Community & HOA

HOA Fee
$223 / Monthly
HOA Includes
Cable Tv / Hvac / Maintenance Grounds
Association Amenities
Clubhouse / Fitness Center / Playground / Pool / Parking / Trails
Community Features
Home Owners Association
Security
Security System / Key Card Entry / Phone Entry / Smoke Detectors / Security Fence / Security Guard
Utilities
Cable Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Okay To Lease1st Year
MLS Area
2790

This home's HOA fee works out to $223 a month, in line with the $224 median across 3 homes for sale in Baywinds Of Ibiza. See Baywinds Of Ibiza HOA fees

Baywinds Of Ibiza is a community in Homestead, Miami-Dade County, Florida. Active listings are priced from $399,000 to $415,000. Homes were built between 2012 and 2013. Pure Equity lists homes in Baywinds Of Ibiza and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
3
Under Contract
1
Median List Price
$380,000
Median $/Sq Ft
$251
Avg Days on Market
72
View all 3 homes for sale in Baywinds Of Ibiza →
How do I schedule a tour of 387 NE 37th Terrace, Homestead, FL 33033?
Use the Tour button on this listing to request a showing of 387 NE 37th Terrace, Homestead, FL 33033. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 387 NE 37th Terrace, Homestead, FL 33033 still available?
387 NE 37th Terrace, Homestead, FL 33033 is currently listed as Under Contract, and has been on the market 246 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 387 NE 37th Terrace, Homestead, FL 33033?
With 20% down ($70,000) on the $349,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 387 NE 37th Terrace, Homestead, FL 33033 is about $1,839/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 387 NE 37th Terrace, Homestead, FL 33033?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 387 NE 37th Terrace, Homestead, FL 33033. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 387 NE 37th Terrace, Homestead, FL 33033 have an HOA fee?
Yes: 387 NE 37th Terrace, Homestead, FL 33033 carries an HOA fee of about $223 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 387 NE 37th Terrace, Homestead, FL 33033?
Often, yes. The right offer on 387 NE 37th Terrace, Homestead, FL 33033 depends on how it's priced against comparable townhouse sales in Homestead, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of The Hype Real Estate Group Corp

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

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Listed by Jesse Marquez, The Hype Real Estate Group Corp

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