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  • Type
  • Single Family Residence
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Garage
  • 2010 Square Feet
  • Area Size
Residential Active
20851 SW 242nd St, Homestead FL 33031 | Miami-Dade County | A11921299
  • $979,900

Description

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.

Address

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  • Address: 242nd St
  • City: Homestead
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33031
  • Area: BONANZA RANCHOS

Details

Updated on January 10, 2026 at 1:08 am
  • Property ID A11921299
  • Price $979,900
  • Property Size 2010 Square Feet
  • Bedrooms 4
  • Bathrooms 2
  • Garage 0
  • Year Built 1990
  • Type Single Family Residence
  • Property Status Residential

Additional details

  • ArchitecturalStyle Detached, One Story, Ranch
  • BathroomsFull 2
  • BathroomsHalf 0
  • BuildingAreaTotal 2042
  • BuildingAreaUnits Square Feet
  • BuildingName Bonanza Ranchos
  • CarportSpaces 4
  • CommunityFeatures None
  • ConstructionMaterials Concrete Block Construction, CBS Construction
  • ContractStatusChangeDate 2025-09-17
  • Cooling Ceiling Fan(s), Central Air, Electric
  • CoveredSpaces 4
  • DaysOnMarket 114
  • DirectionFaces South
  • Directions Mapquest, Google Maps, Apple Maps
  • ElementarySchool Redland
  • ExpirationDate 2026-09-16
  • Fencing Fenced
  • Flooring Tile
  • GreenEnergyEfficient Appliances
  • Heating Central, Electric
  • HighSchool South Dade
  • InternetAddressDisplayYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 305-586-2121
  • ListingTerms All Cash, Conventional
  • LotFeatures 1 To Less Than 2 Acre Lot
  • LotSizeSquareFeet 54450
  • MLSAreaMajor Bonanza Ranchos
  • MajorChangeTimestamp January 9, 2026 at 10:19pm
  • MajorChangeType Price Decrease
  • MiddleOrJuniorSchool Redland
  • MlsStatus Active
  • ModificationTimestamp January 9, 2026 at 10:19pm
  • OnMarketDate 2025-09-17
  • OriginalEntryTimestamp December 1, 2025 at 09:17pm
  • OriginalListPrice 989900
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • OtherStructures Extra Building/Shed, Guest House
  • ParcelNumber 30-68-21-000-3990
  • ParkingFeatures Detached Carport, Additional Spaces Available, Other, Unpaved
  • PatioAndPorchFeatures Patio
  • PetsAllowed Yes
  • PhotosChangeTimestamp December 1, 2025 at 09:22pm
  • PhotosCount 42
  • Possession Funding
  • PostalCodePlus4 3634
  • PreviousListPrice 989900
  • PriceChangeTimestamp January 9, 2026 at 10:19pm
  • PublicSurveyRange 68
  • PublicSurveySection 21
  • PublicSurveyTownship 68
  • Roof Shingle
  • RoomsTotal 0
  • Sewer Septic Tank
  • ShowingContactType Agent
  • ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
  • SourceSystemKey 423657977
  • StateOrProvince FL
  • StatusChangeTimestamp December 1, 2025 at 09:17pm
  • StreetDirPrefix SW
  • StreetName 242nd St
  • StreetNumber 20851
  • StreetNumberNumeric 20851
  • StructureType R30-No Pool/No Water, House
  • SyndicationRemarks 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.
  • TaxAnnualAmount 4315
  • TaxLegalDescription 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
  • TaxYear 2025
  • View Garden
  • WaterSource Well
  • WindowFeatures Complete Panel Shutters/Awnings, Hurricane Shutters
  • YearBuiltDetails Resale
  • Zoning 8900

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Christopher Lazaro

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