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Home » Real Estate » FL » Homestead » 33031 »
$979,900
20851 SW 242nd St, Homestead, FL, 33031
4
Beds
2
Baths
2,010
Square Feet
Elizabeth Molina
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.
Offered By
Elizabeth Molina, The Keyes Company
Property Details
Property Type
Residential Sale
Status
Active
Bedrooms
4
Bathrooms (Full)
2
Property Sub Type
Single Family Residence
Square Feet
2,010
MLS #
A11921299
Flooring
Tile
Appliances
Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Gas Range, Refrigerator, Washer
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
SEWER
Septic Tank
WATER SOURCE
Well
Year Built
1990
ARCHITECTURAL STYLE
Detached, One Story, Ranch
Roof
Shingle
EXTERIOR FEATURES
Lighting, Fruit Trees, Room For Pool
Parking Features
Detached Carport, Additional Spaces Available, Other, Unpaved
Fence
Fenced
Lot Features
1 To Less Than 2 Acre Lot
Other Structures
Extra Building/Shed, Guest House
View
Garden
CITY
Homestead
SUBDIVISION
Bonanza Ranchos
COUNTY
Miami-Dade County
AREA
Bonanza Ranchos
STATE
FL
COMMUNITY FEATURES
None
TAX AMOUNT
4315.0
LATEST UPDATE
2026-01-09T22:22:28.358Z
DAYS ON MARKET
114
PRICE CHANGE(S)
$979,900 Jan 9, 2026
$989,900 Dec 2, 2025
Property Details
Property Type
Residential Sale
Status
Active
Bedrooms
4
Bathrooms (Full)
2
Property Sub Type
Single Family Residence
Square Feet
2,010
MLS #
A11921299
New Properties On Market
27
59%
Increase In New Listings
Average Asking Price
$1,180,133
$59,643 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$369
$6 Decrease In List Price/Sq. Ft.
Average Days On Market
4
18 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.