Home in 20791 SW 240th Street, Homestead, FL 33031 for sale with MLS# A12044562
REDLAND ESTATE ON 1.25 ACRES WITH INCOME POTENTIAL! Discover spacious South Florida Living on this beautiful 1.25-acre property in the highly desirable Redland area. Offering approximately 5,158 total square feet, this unique property combines privacy, space, and flexibility with two separate in-law quarters currently producing approximately $2500 per month in rental income. The property features a private pool and jacuzzi, generator, spacious primary suite, and plenty of room for entertaining and enjoying the South Florida lifestyle. Main house is 4/2 with an enclosed a/c garage and two formal dining and living areas with a huge master bedroom, a custom walk-in closet, and his-and-hers shower and vanities. Hurricane shutters on every window and impact doors.Guardian gas generator. Tankless water heater. Washer & dryer. Wood cabinets with Corian tops and stainless steel appliances. Terrace outside of master bedroom with jacuzzi.Water softener and sprinkler system. Alarm and cameras. The roof was replaced 8 years ago. The expansive property provides room for boats and recreational vehicles, making it ideal for buyers looking for the space and freedom that are increasingly difficult to find in Miami-Dade County. Whether you're looking for a primary residence, multigenerational living, or a property with additional income potential, this Redland Estate offers an exceptional combination of acreage, versatility, and value. The owner is very motivated. Offered at $1,150,000
20791 SW 240th Street, Homestead, FL 33031
- Price:
- $1,150,000.00
- Original List Price:
- $1,280,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $222.95
- 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:
- October 5, 2026 11:02 pm
- Other Special Conditions:
- Sold As-is, Flood Zone
- Bedrooms:
- 4
- Bathrooms Total:
- 3
- Full Bath:
- 3
- Room Type:
- Laundry, Family Room, Den, Maid/in-law Quarters, Garage Converted
- Master Bedroom Bath:
- Master Bdrm - Sitting, Separate Shower, Master Bdrm - Ground, Bedroom On Entry Level
- Living Area:
- 5,158 Sqft
- Built-Up Area:
- 5,966 Sqft
- Lot Area:
- 54,450 Sqft
- Lot Features:
- Fruit Tree(s)
- Lot Size Acres:
- 1.25
- View from the Property:
- Pool, Garden
- Waterfront:
- No
- Private Pool
- Swimming Pool Features:
- Concrete, Pool/spa Combo, Equipment Included
- Security:
- Security System
- Appliances:
- Dryer, Disposal, Microwave, Refrigerator, Washer, Trash Compactor, Electric Range, Electric Water Heater, Water Softener, Oven
- Interior:
- Walk-In Closet(s), Closet Cabinetry, Storage, Bedroom Layout - Split
- Exterior:
- Awning(s), Lighting
- Patio and Porch:
- Patio
- Equestrian Home - Horse Property
- Other Structures:
- Outbuilding
- Fireplace:
- Decorative
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s), Electric
- Heating
- Heating System:
- Central, Electric
- Fence:
- Fenced
- Property Entrance Faces:
- South
- Other Equipment:
- Fuel Tank(s)
- Year Built:
- 1982
- Roof:
- Shingle
- Architectural Style:
- Ranch
- Levels:
- One
- Entry Level (floor):
- 1
- Construction Materials:
- Block, CBS
- Flooring:
- Tile, Marble, Ceramic Tile, Concrete
- Number of stories:
- 1
- Road Frontage Type:
- Private Road
- Flood Zone Code:
- AH
- Property Condition:
- Resale
- Tax Annual Amount:
- $14,260.00
- Tax Year:
- 2025
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Parking Features:
- Driveway, Covered, Rv Access/parking, Boat Access/parking
- Sewer:
- Septic Tank
- Electric:
- Circuit Breakers
- Water Source:
- Well
- Amenities Provided by the Homeowner's Association (HOA):
- Gated
- Subdivision Name:
- BONANZA RANCH ESTATE
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- 21 56 38 1.25 AC M/L W181.5FT OF E701FT OF N300FT OF S343FT OF NE1/4 OR 16851-4779 0795 4
- Real Estate Folio Number (Parcel Number):
- 3068210001250
- Zoning:
- 8900
- Elementary School:
- Mary M. Bethune (broward)
- High School:
- South Dade
- Middle Or Junior School:
- Redland
- Active on the market since:
- June 26, 2026
- Listing Agreement executed on:
- June 26, 2026
- Price change occurred on:
- October 5, 2026 11:02 pm
- Listing Status Last Changed On:
- June 26, 2026 4:00 am
- Photos updated on:
- September 20, 2026 12:02 am
- Last Modified:
- October 5, 2026 10:08 pm
- Courtesy of:
- Fonte Realty & Investments LLC
- Attribution:
- Not provided
- Street Name:
- 240th
- Street Number:
- 20791
- City:
- Homestead
- State:
- Florida
- Zip Code:
- 33031
- County:
- Miami-Dade
- Latitude:
- N25° 32' 35.4''
- Longitude:
- W81° 28' 16.9''
- Street Suffix:
- Street
- Street Direction Prefix:
- SW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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