20851 SW 242nd St Homestead, FL $ 989,900
20851 SW 242nd St
$ 989,900
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20851 SW 242nd St

Homestead, FL, 33031
$ 989,900
Bedrooms4 Baths2.0 Sq 2,010

Monthly Estimate*

$ 6,176

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Single Family Home for sale in Homestead, FL

for $989,900 with 4 bedrooms and 2 full baths. This 2,010 square foot home was built in 1990.

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.

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Single Family Active

Price

$ 989,900

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 4,315

Style

Year Built

1990

Town/City

Homestead

County/Region

Miami-Dade

MLS | Web ID

A11921299

Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Possession Closing & Funding
Roof Shingle
Appliances Dryer Dishwasher Electric Range Disposal Gas Range Microwave Other Refrigerator Washer
Garage Spaces 0
Patio/Porch Features Patio
Architectural Style Detached Ranch One Story
Pool Features None
Restrictions No Restrictions
Construction Materials Block
Pets Allowed No Pet Restrictions Yes
Year Built 1990
View Garden
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Miami-Dade
Property Type Residential
Energy Efficient Appliances
Subdivision Name Bonanza Ranchos
Facing Direction South
Garage Y/N false
Other Structures Guest House
Total Rooms 0
Full Baths 2
Special Listing Conditions Listed As-Is
Status Active
Directions Mapquest Google Maps Apple Maps
High School South Dade
City Homestead
Senior Community Y/N false
Zoning Description 8900
MLS Area 68
Lot Size Units Square Feet
Lot Size Square Feet 54450
Carport Spaces 4
Carport Y/N true
Listing Terms Cash Conventional Other
Elementary School Redland
Year Built Details Resale
Tax Annual Amount 4315
Middle/Junior High School Redland
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11921299
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Single Family Residence
Legal Description 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
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Interior
Interior Amenities Breakfast Bar Built-in Features Bedroom on Main Level Convertible Bedroom Eat-in Kitchen Family/Dining Room First Floor Entry Kitchen/Dining Combo Main Level Primary Split Bedrooms Walk-In Closet(s) Workshop
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Fence Fruit Trees Lighting Patio Room For Pool Shed Storm/Security Shutters
Parking Features Detached Carport Other Unpaved
Lot Features 1-2 Acres
Water Source Well
Lot Size Area 54450
Building Area Total 2042
Waterfront Y/N false
Covered Spaces 4
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* Excluded Features
List By
The Keyes Company

Broker

elizabethmolinarealtor@gmail.com

Email

Affordability Calculator

$6,535
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,176
Monthly Property Taxes
$360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3063006 Elementary School
3062752 Middle School
South Dade High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2025$989,900 Listed Price

Map


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20851 SW 242nd St, Homestead, FL, 33031 is a Single Family Home for sale at $989,900 with 2,010 sqft. 20851 SW 242nd St has 4 bedrooms, 2.0 baths, and was built in 1990. The property's zip code is 33031 which is in Homestead, FL