Home in 20851 SW 242nd Street, Homestead, FL 33031 for sale with MLS# A11921299
Unique opportunity to own a 1.25-acre property in the desirable Redlands area. The main home offers 4 bedrooms, 2 bathrooms, and even includes a bunker for when there is a strong hurricane. In addition, there is a separate 2-bedroom, 1-bath house which could be an in-law's quarters; a manufactured home with 4 bedrooms and 2 bathrooms; plus 2 trailers on site. This property is currently generating monthly income with the potential to increase further. Perfect for an investor seeking strong cash flow or an end-user who wants to enjoy the peaceful lifestyle of the Redlands while benefiting from an income-producing property. Ample space for parking, outdoor living, and future improvements such as a pool, etc. A rare find combining rural charm, multiple residences, and consistent income potential. Must see! Please call listing agent for showing.
20851 SW 242nd Street, Homestead, FL 33031
- Price:
- $979,900.00
- Original List Price:
- $989,900.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- January 9, 2026 11:19 pm
- Other Special Conditions:
- Sold As-is, Chandelier To Be Replaced
- Bedrooms:
- 4
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Other, Family Room, Workshop, Maid/in-law Quarters, Convertible Bedroom
- Rooms Total:
- 5
- Master Bedroom Bath:
- Master Bdrm - Ground, Separate Tub, Bedroom On Entry Level
- Dining Area:
- Snack Bar/counter, Eat-in Kitchen, Kitchen Dining, Family/Dining Combination
- Living Area:
- 2,010 Sqft
- Built-Up Area:
- 2,042 Sqft
- Lot Features:
- Room For Pool, Fruit Tree(s)
- Lot Size Acres:
- 1.25
- View from the Property:
- Garden
- Waterfront:
- No
- Guest House Features:
- Kitchen, Living Room, Patio, 2 Bedrooms, 1 Bath
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Other, Gas Range, Electric Range
- Interior:
- Walk-In Closet(s), Built-in Features, Other, Storage, Bedroom Layout - Split
- Exterior:
- Lighting
- Patio and Porch:
- Patio
- Other Structures:
- Outbuilding
- Green Energy Efficient:
- Appliances
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s), Electric
- Heating
- Heating System:
- Central, Electric
- Fence:
- Fenced
- Property Entrance Faces:
- South
- Other Equipment:
- Other
- Year Built:
- 1990
- Roof:
- Shingle
- Architectural Style:
- Ranch
- Levels:
- One
- Entry Level (floor):
- 1
- Construction Materials:
- Block, CBS
- Flooring:
- Tile
- Number of stories:
- 1
- Flood Zone Code:
- AH
- Property Condition:
- Resale
- Tax Annual Amount:
- $4,315.00
- Tax Year:
- 2025
- Garage Spaces:
- 0
- Carport Spaces:
- 4
- Covered Spaces:
- 4
- Parking Features:
- Detached Carport, Unpaved, Carport
- Carport
- Sewer:
- Septic Tank
- Water Source:
- Well
- Pets Allowed?:
- Yes, No Restrictions
- Subdivision Name:
- Bonanza Ranchos
- Senior Community:
- No
- Development Name:
- Bonanza Ranchos
- Restrictions:
- No Restrictions
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- 21 56 38 1.25 AC M/L W181.5FT OF E1064FT OF S300FT OF N643FT OF SE1/4 AKA LOT 339 OR 19641-0542 042001 1
- Real Estate Folio Number (Parcel Number):
- 3068210003990
- Zoning:
- 8900
- Elementary School:
- Redland
- High School:
- South Dade
- Middle Or Junior School:
- Redland
- Active on the market since:
- September 17, 2025
- Listing Agreement executed on:
- September 17, 2025
- Price change occurred on:
- January 9, 2026 11:19 pm
- Listing Status Last Changed On:
- September 17, 2025 8:18 pm
- Photos updated on:
- January 9, 2026 10:31 pm
- Last Modified:
- May 31, 2026 5:06 am
- Courtesy of:
- The Keyes Company
- Attribution:
- Not provided
- Street Name:
- 242nd
- Street Number:
- 20851
- City:
- Homestead
- State:
- Florida
- Zip Code:
- 33031
- County:
- Miami-Dade
- Latitude:
- N25° 32' 28.6''
- Longitude:
- W81° 28' 13''
- Street Suffix:
- Street
- Street Direction Prefix:
- SW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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