
MIAMI REALTORS® MLS↓ Price reduced $41,000 on Sep 20, 2026
20791 SW 240th Street, Homestead, FL 33031
- Beds
- 4
- Baths
- 3
- Sqft
- 5,158
- Home type
- Single Family Residence
- Year built
- 1982
- Lot size
- 54,450 sqft
- Price / sqft
- $232
- HOA
- $0/mo
- Community
- BONANZA RANCH ESTATE
Property description
REDLAND ESTATE ON 1.25 ACRES WITH INCOME POTENTIAL! Discover spacious South Florida Living on this beautiful 1.25-acre property in the highly desirable Redland area. Offering approximately 5,158 total square feet, this unique property combines privacy, space, and flexibility with two separate in-law quarters currently producing approximately $2500 per month in rental income. The property features a private pool and jacuzzi, generator, spacious primary suite, and plenty of room for entertaining and enjoying the South Florida lifestyle. Main house is 4/2 with an enclosed a/c garage and two formal dining and living areas with a huge master bedroom, a custom walk-in closet, and his-and-hers shower and vanities. Hurricane shutters on every window and impact doors.Guardian gas generator. Tankless water heater. Washer & dryer. Wood cabinets with Corian tops and stainless steel appliances. Terrace outside of master bedroom with jacuzzi.Water softener and sprinkler system. Alarm and cameras. The roof was replaced 8 years ago. The expansive property provides room for boats and recreational vehicles, making it ideal for buyers looking for the space and freedom that are increasingly difficult to find in Miami-Dade County. Whether you're looking for a primary residence, multigenerational living, or a property with additional income potential, this Redland Estate offers an exceptional combination of acreage, versatility, and value. The owner is very motivated. Offered at $1,199,000
Listing activity
- Days on market
- 85
- Listed
- Jun 26, 2026
- MLS listing updated
- Sep 20, 2026
- Feed last checked
- 1 minute ago
Listed by Luis A Fonte · Fonte Realty & Investments LLC
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 4
- Bathrooms
- 3
- Bathrooms (decimal)
- 3
- Full bathrooms
- 3
- Half bathrooms
- 0
Rooms & features
- Rooms
- 5
- Interior features
- Bedroom Layout - Split, Closet Cabinetry, Storage, Walk-In Closet(s)
- Flooring
- Ceramic Tile, Concrete, Marble, Tile
- Appliances
- Electric Water Heater, Disposal, Dryer, Electric Range, Microwave, Oven, Refrigerator, Trash Compactor, Washer, Water Softener
- Fireplace
- Yes
- Fireplace features
- Decorative
- Other equipment
- Fuel Tank(s)
Heating & cooling
- Heating
- Central, Electric
- Cooling
- Ceiling Fan(s), Central Air, Electric
Property
Parking
- Garage spaces
- 2
- Garage
- Yes
- Covered spaces
- 2
- Parking features
- Boat Access/Parking, Covered, Driveway, RV Access/Parking
- Attached garage
- No
Exterior
- Stories
- 1
- Building area
- 5,966 sqft
- Entry level
- 1
- Patio & porch
- Patio
- Exterior features
- Awning(s), Lighting
- Fencing
- Fenced
- Other structures
- Outbuilding
- Pool
- Yes
- Pool features
- Concrete, Equipment Included, Pool/Spa Combo
- View
- Garden, Pool
- Waterfront property
- No
Lot
- Lot size
- 54,450 sqft
- Lot size (acres)
- 1.25 acres
- Lot features
- Fruit Tree(s)
- Zoning
- 8900
- Road frontage
- Private Road
Construction
Type & style
- Home type
- Single Family Residence
- Architectural style
- Ranch
- Year built
- 1982
- New construction
- No
Materials
- Construction
- Block, CBS
- Roof
- Shingle
- Property condition
- Resale
- Levels
- One
- Faces
- South
Utilities & green energy
Utilities
- Electric
- Circuit Breakers
- Sewer
- Septic Tank
- Water
- Well
Community & HOA
Community
- Subdivision
- BONANZA RANCH ESTATE
- MLS area
- 2680
- Security
- Security System
- 55+ community
- No
Association
- Has association
- No
- Estimated monthly dues
- $0
- Amenities
- Gated
Lease details
Not reported by the listing source.
Location
Area details
- City
- Homestead
- County
- Miami-Dade
- ZIP code
- 33031
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12044562
- Possession
- Close Of Escrow, Negotiable
- Original list price
- $1,280,000
- Parcel number
- 3068210001250
- Annual property tax
- $14,260
- Tax year
- 2025
- Tax legal description
- 21 56 38 1.25 AC M/L W181.5FT OF E701FT OF N300FT OF S343FT OF NE1/4 OR 16851-4779 0795 4
Additional MLS details
Reported by the listing source
- Association Amenities
- Gated
- Association
- No
- Bathrooms Total Decimal
- 3
- Bathrooms Total Integer
- 3
- Building Area Total
- 5966
- Construction Materials
- Block, CBS
- County Or Parish
- Miami-Dade
- Days On Market
- 85
- Direction Faces
- South
- Elementary School
- Redland
- High School
- South Dade
- List Price
- 1199000
- Listing Contract Date
- 2026-06-26
- Living Area
- 5158
- Lot Size Acres
- 1.25
- Lot Size Area
- 54450
- MLSArea Major
- 2680
- Middle Or Junior School
- Redland
- Mls Status
- Active
- On Market Date
- 2026-06-26
- Patio And Porch Features
- Patio
- Photos Count
- 50
- Postal Code
- 33031
- Price Change Timestamp
- 2026-09-20T01:00:47Z
- Property Sub Type
- Single Family Residence
- Property Type
- Residential
- Road Frontage Type
- Private Road
- Rooms Total
- 5
- Security Features
- Security System
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-06-26T04:00:00Z
- Stories Total
- 1
- Subdivision Name
- BONANZA RANCH ESTATE
- Water Source
- Well
- Tax Annual Amount
- 14260
- Bathrooms Full
- 3
- Pool Private
- Yes
- Bedrooms Total
- 4
- Waterfront
- No
- Bathrooms Half
- 0
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jun 26, 2026 | ListedMIAMI REALTORS® MLS | $1,280,000$248/sqft |
| Sep 20, 2026 | Price reducedMIAMI REALTORS® MLS | $1,199,000$232/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $14,260 | — |
Payment calculator
- Principal & interest
- $6,221
- Property taxes
- $1,188
- Insurance
- $600
- Association dues
- $0
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Neighborhood
Area
BONANZA RANCH ESTATEHomestead · Miami-Dade County · 33031
Climate risk
—No licensed climate-risk source is connected.
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