FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$979,900256 days on marketActive

20851 SW 242nd Street, Homestead, FL 33031

Homestead, FL 33031
4
Beds
2
Baths
2,010
Sq Ft
$488
$/Sq Ft
1990
Year Built
1.25 acres
Lot Size

Listing Snapshot

List Price$979,900
Price / Sq Ft$488
Beds4
Baths2
Living Area2,010 sqft
Lot Size1.25 acres
Year Built1990
Property Tax$4,315/yr
MLS #1147271882
StatusActive
Days on Market256

About This Home

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.

General Features

Property Type
Residential
Sub-type
SingleFamilyResidence
Style
Ranch
Stories
1
Direction Faces
South
Parking
Carport,DetachedCarport,Unpaved
Zoning
8900
Subdivision
Bonanza Ranchos

Interior Features

Appliances
Dryer,Dishwasher,ElectricRange,Disposal,GasRange,Microwave,Refrigerator,Washer
Flooring
Tile
Heating
Central,Electric
Cooling
CentralAir,CeilingFans,Electric
Interior Features
BreakfastBar,BuiltInFeatures,BedroomOnMainLevel,Bathtub,EatInKitchen,FamilyDiningRoom,KitchenDiningCombo,MainLevelPrimary,Other,SplitBedrooms,Storage,SoakingTub,WalkInClosets

Exterior Features

Construction
Block
Exterior Features
Lighting,OutdoorLivingArea,RoomForPool
Roof
Shingle
Lot Features
OneToTwoAcres,FruitTrees
Patio / Porch
Patio
Fencing
Fenced
Pool
No
View
Garden
Waterfront
No

Community Features

Association Amenities
None
MLS Area
2680

Schools

ElementaryRedland
MiddleRedland
HighSouth Dade

Map

Virtual Tour

View Virtual Tour
Listed by Elizabeth Molina · The Keyes Company
MLS# 1147271882 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

Interested in this home?

Schedule a showing or ask a question — buyer representation is free.

Estimate Your Payment

$

20% down · Loan: $783,900

%
Est. Monthly$5,707
Principal & Interest$5,348
Property Tax$360

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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