Price Reduced Listing
$1,199,000
 $6,436 est/mo Sourced by Back At You

20791 SW 240th St,Homestead, FL 33031

Homestead, FL 33031

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Description

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 $1,199,000

Details

MLS #A12044562
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1982
Days On Site88
Listing Provided ByFonte Realty & Investments LLC | Luis Fonte

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet5,158
Garage2
PoolYes
Story(s)1
Zoning8900
Acreage54450.00
Property ViewGarden, Pool

Exterior

Lot FeaturesOne To Two Acres

Parking

Garage Yes / NoYes
Parking FeaturesCovered, Driveway, Rv Access Parking

Taxes

Tax Annual Amount14260

Location

Community FeaturesGated

Area Information

StateFL
CountyMiami Dade
CityHomestead
Zip Code33031
Area68
Community NameBONANZA RANCH ESTATE
Listing VS Median (in BONANZA RANCH ESTATE)
Price:
$1,199,000
low | high
Med:
$1,199,000
50% of Average
sqft:
5,158
low | high
Med:
5,158
50% of Average
$ / sqft:
$232
low | high
Med:
$232
50% of Average
On site:
88
low | high
Med:
88
100% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMiami Dade
CityHomestead
Zip Code33031
Area68
Community NameBONANZA RANCH ESTATE
Listing VS Median (in BONANZA RANCH ESTATE)
Price:
$1,199,000
low | high
Med:
$1,199,000
50% of Average
sqft:
5,158
low | high
Med:
5,158
50% of Average
$ / sqft:
$232
low | high
Med:
$232
50% of Average
On site:
88
low | high
Med:
88
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $899K - $1.498M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
20835 SW 236th St Property Photo 1
$1,400,000
20835 Sw 236th St
Homestead, FL 33031
20950 SW 232nd St Property Photo 1
$1,300,000
20950 Sw 232nd St
Miami, FL 33170
Listing Updated: September 19, 2026 at 7:11:10 PM PDT