20851 SW 242nd St, Homestead FL 33031

House For Sale

$979,900

BTC: 15.26571045

ETH: 555.83287009

-$10K (2026/01/09)

204 days

For Sale

House

4 bds •

2 ba •

2,010 sqft

Overview

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.

Location

Florida • Homestead • 33031 • House • For Sale

Details

Type:

Residential

Parking:

Detached Carport / Additional Spaces Available / Other / Unpaved

Year Built:

1990

Lot:

54450 Square Feet

Heating:

Central / Electric

Price/sqft:

$488

Cooling:

Ceiling Fan(s) / Central Air / Electric

HOA:

No Data

Type:

Residential

Parking:

Detached Carport / Additional Spaces Available / Other / Unpaved

Year Built:

1990

Lot:

54450 Square Feet

Heating:

Central / Electric

Price/sqft:

$488

Cooling:

Ceiling Fan(s) / Central Air / Electric

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$721,000

$569K – $983K

Confidence Low

List vs. estimate

$258K above estimate

List $979,900 · +35.9%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$487

+59.7% vs. city median $305

Based on

7 MLS comparables

+ 14 public-records sales within 0.5 mi

Median actual sale: $1.0M

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$4,315

2025

View

Garden

Pets

Allowed

All facts and features

Flooring

• Tile

Heating

• Central

• Electric

Cooling

• Ceiling Fan(s)

• Central Air

• Electric

Appliances

• Dishwasher

• Disposal

• Dryer

• Microwave

• Other Equipment/Appliances

• Electric Range

• Gas Range

• Refrigerator

• Washer

Other 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

Bedrooms and bathrooms

• Bedrooms: 4

• Full bathrooms: 2
Parking

• Detached Carport

• Additional Spaces Available

• Other

• Unpaved

Property

• Exterior Features: Lighting / Fruit Trees / Room For Pool

Lot

• Lot: 54450 Square Feet

Other Property Information

• Parcel Number: 30-68-21-000-3990

• Zoning: 8900
Type and style

• Property Type: Residential

• Property Sub Type: Single Family Residence
Green energy

• Appliances
Other financial information

• Annual tax amount: $4,315
Source details

• MLS ID: A11921299

Other facts

• Construction Materials: Concrete Block Construction / CBS Construction

• Lot Features: 1 To Less Than 2 Acre Lot

• Patio And Porch Features: Patio

• Window Features: Complete Panel Shutters/Awnings / Hurricane Shutters

• Direction Faces: South

• Other Structures: Extra Building/Shed / Guest House

• Architectural Style: Detached / One Story / Ranch

• Living Area: 2010

• Water Source: Well

• Subdivision Name: Bonanza Ranchos

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company

20851 SW 242nd St, Homestead FL 33031

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

Other

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