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.
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 Details
Price:
$979,900
MLS #:
A11921299
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Bonanza Ranchos
Neighborhood:
bonanzaranchos
Listed Date:
Sep 17, 2025
Finished Sq Ft:
2,010
Total Sq Ft:
2,042
Year Built:
1990
See this Listing
Schools
Elementary School:
Redland
Middle School:
Redland
High School:
South Dade
Interior
Appliances
Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Gas Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Tile
Heating
Central, Electric
Interior Features
First Floor Entry, Built-in Features, Other, Chandelier To Be Replaced, Split Bedroom, Walk-In Closet(s), Cottage, Family Room, Separate Guest/In-Law Quarters, Storage, Workshop
Exterior
Architectural Style
Detached, One Story, Ranch
Community Features
None
Construction Materials
Concrete Block Construction, CBS Construction
Covered Spaces
4
Direction Faces
South
Exterior Features
Lighting, Fruit Trees, Room For Pool
Fencing
Fenced
Green Energy Efficient
Appliances
Lot Features
1 To Less Than 2 Acre Lot
Open Parking YN
1
Other Structures
Extra Building/Shed, Guest House
Parking Features
Detached Carport, Additional Spaces Available, Other, Unpaved
Patio And Porch Features
Patio
Roof
Shingle
View
Garden
Window Features
Complete Panel Shutters/Awnings, Hurricane Shutters
Financial
Tax Year
2025
Taxes
$4,315
Map
Community
- Address20851 SW 242nd St Homestead FL
- SubdivisionBonanza Ranchos
- CityHomestead
- CountyMiami-Dade County
- Zip Code33031
Market Summary
Current real estate data for Single Family in Homestead as of Apr 30, 2026
1,028
Single Family Listed
127
Avg DOM
335
Avg $ / SqFt
$860,312
Avg List Price
Property Summary
- Located in the Bonanza Ranchos subdivision, 20851 SW 242nd St Homestead FL is a Single Family for sale in Homestead, FL, 33031. It is listed for $979,900 and features 4 beds, 2 baths, and has approximately 2,010 square feet of living space, and was originally constructed in 1990. The current price per square foot is $488. The average price per square foot for Single Family listings in Homestead is $335. The average listing price for Single Family in Homestead is $860,312.
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