A new and distinct Phalaenopsis plant named ‘Malibu Baby’ particularly characterized by flowers which are white with purple/violet in the center of the petals and sepals and also some yellow on the sepals. Labellum is purple/violet, white and yellow; plants which may be propagated economically and uniformly using tissue culture; plants which produce more than one inflorescence; long and sturdy inflorescences; and relatively short, dark-green foliage.