20851 SW 242nd St, Homestead FL 33031 | Miami-Dade County | A11921299
- $979,900
- $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.
Property Overview
The property at 20851 SW 242nd St, Homestead FL 33031 is a 2010 square foot home built in 1990. It features 4 bedrooms and 2 bathrooms, and is listed at $979,900.
Located in Miami-Dade County, the property is identified by MLS# A11921299. The address is 20851 SW 242nd St, Homestead FL 33031.
Frequently Asked Questions
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Monthly Fees & Carrying Costs
- Membership Required: No
Address
Open on Google Maps-
Address: 242nd St
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City: Homestead
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State/county: Miami-Dade County
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Zip/Postal Code: 33031
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Area: BONANZA RANCHOS
Details
Updated on June 23, 2026 at 4:43 am-
Property ID A11921299
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Price $979,900
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Property Size 2010 Sq Ft
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Bedrooms 4
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Room 0
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Bathrooms 2
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Garage 0
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Year Built 1990
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Type Single Family Residence
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Property Status Active, Residential
Additional details
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Flooring Tile
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Bedroom Features At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Tub, Primary Bedroom Ground Level
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Cooling Ceiling Fan(s), Central Air, Electric
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Association Type None
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Building Bonanza Ranchos
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Area Bonanza Ranchos
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Annual Tax 4315
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Association No
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Elementary School Redland
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 2
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Subdivision Bonanza Ranchos
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Restrictions No Restrictions
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Parking Detached Carport, Additional Spaces Available, Other, Unpaved
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Heating Central, Electric
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Structure Type R30-No Pool/No Water, House
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Tax Year 2025
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Construction Concrete Block Construction, CBS Construction
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Building Area 2042
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Covered Spaces 4
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Middle School Redland
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View Garden
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Year Built Details Resale
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High School South Dade
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Pets Allowed Yes
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Half Bathrooms 0
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Flood Zone AH
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Patio / Porch Patio
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New Construction No
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Garage Spaces 0
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Style R30-No Pool/No Water
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Lot Size (Sq Ft) 54450
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Membership Purchase Required No
Features
- Built-in Features
- Chandelier To Be Replaced
- Cottage
- Dishwasher
- Disposal
- Dryer
- Electric Range
- Family Room
- First Floor Entry
- Fruit Trees
- Gas Range
- Has a View
- Has Carport
- Has Cooling System
- Has Heating System
- Lighting
- Microwave
- Open Parking
- Other
- Other Equipment/Appliances
- Refrigerator
- Room For Pool
- Separate Guest/In-Law Quarters
- Split Bedroom
- Storage
- Walk-In Closet(s)
- Washer
- Workshop
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees