20851 SW 242nd St
Homestead, FL 33031
4
Bed
2
Bath
2,010Sqft
54,450Sqft(Lot)
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 poten
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2Roofing Information
ShingleFlooring Information
Tile -
Interior Features
BreakfastBar, BuiltInFeatures, BedroomOnMainLevel, ConvertibleBedroom, EatInKitchen, FamilyDiningRoom, FirstFloorEntry, KitchenDiningCombo, MainLevelPrimary, SplitBedrooms, WalkInClosets, WorkshopRoof: ShingleAppliances: Dryer, Dishwasher, ElectricRange, Disposal, GasRange, Microwave, Other, Refrigerator, Washer -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans, Electric
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Building Information
Year Built: 1990Building Area Total: 2042Construction Materials: BlockStories: 1Patio And Porch Features: PatioPool Features: NonePrivate Pool: NoView: Garden -
Exterior Features
Exterior Features: Fence, FruitTrees, Lighting, Patio, RoomForPool, Shed, StormSecurityShutters
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Lot Information
Main Square Feet: 54450 Lot Size Square Feet: 54,450 Lot Description: OneToTwoAcresProperty Information
Subdivision: Bonanza Ranchos Source Property Type: Residential Postal Code Plus 4: 3634 Zoning Description: 8900 Property SubType: Single Family Residence Direction Faces: South Property Age: 36
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Listing Price Information
Listing Price: $979900Original Price: $989900Cash, Conventional, Other
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Tax Information
Parcel Number: 30-68-21-000-3990 Tax Year: 2025 Annual Tax: $4315 Tax Legal Desc: 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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Virtual Tour
Parking Information
DetachedCarport, Other, UnpavedGarage Information
Pets Allowed: NoPetRestrictions, Yes
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School Information
Elementary School: Redland Junior High School: Redland Senior High School: South Dade -
Location Information
Direction: Mapquest, Google Maps, Apple Maps WaterSource: Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 17355 SW 256th St, Homestead, FL, 33031 | $1,849,999 | 8 | 4 | 5,704 | 5,704 SqFt |
| 17405 SW 245th Ter, Homestead, FL, 33031 | $949,000 | 4 | 4 | 2,707 | 2,707 SqFt |
| 17575 SW 280th St, Homestead, FL, 33031 | $1,799,000 | 5 | 3 | 2,863 | 2,863 SqFt |
| 27505 SW 172nd Ave, Homestead, FL, 33031 | $1,850,000 | 5 | 6 | 4,000 | 4,000 SqFt |
| 24000 SW 167th Ave, Homestead, FL, 33031 | $2,650,000 | 7 | 4 | 4,874 | 4,874 SqFt |
| 25900 SW 182nd Ave, Homestead, FL, 33031 | $1,299,000 | 4 | 3 | 2,435 | 2,435 SqFt |
| 27501 SW 162nd Ct, Homestead, FL, 33031 | $820,000 | 3 | 2 | 1,912 | 1,912 SqFt |
| 25800 SW 199th Ave, Homestead, FL, 33031 | $1,150,000 | 3 | 2 | 1,032 | 1,032 SqFt |
| 24655 SW 212th Ave, Homestead, FL, 33031 | $1,429,000 | 4 | 4 | 2,256 | 2,256 SqFt |
| 24080 SW 212th Ave, Homestead, FL, 33031 | $874,900 | 5 | 6 | 4,695 | 4,695 SqFt |
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ByOwner last updated this listing 06/19/2026 @ 19:49
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