20851 SW 242nd St, Homestead FL 33031

For sale Days on market 114

Bonanza Ranchos [ Single Family Residence ]

$979,900

$488/sq ft

$10,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1990

Sqft

2010

Property Type

Single Family Residence

Property Description

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.

Property Details

MLS#

A11921299

Building

Bonanza Ranchos

Address

20851 242nd St SW

City

Homestead

State/county

Zip/Postal Code

33031

Area

Bonanza Ranchos

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,315

Maint Fee

$--

Tax Year

2025

Dishwasher

Disposal

Dryer

Microwave

Other Equipment/Appliances

Electric Range

Gas Range

Refrigerator

Washer

Garden

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