Home›20791 SW 240th Street, Homestead, FL 33031

Residential in Homestead

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

Property Highlights

Roof

  • Shingle

View

  • Garden
  • Pool

Sewer

  • Septic Tank

Levels

  • One

Cooling

  • Ceiling Fan(s)
  • Central Air
  • Electric

Fencing

  • Fenced

Heating

  • Central
  • Electric

Electric

  • Circuit Breakers

Flooring

  • Ceramic Tile
  • Concrete
  • Marble
  • Tile

Appliances

  • Disposal
  • Dryer
  • Electric Range
  • Microwave
  • Oven
  • Refrigerator
  • Trash Compactor
  • Washer
  • Water Softener
  • Electric Water Heater

Possession

  • Close Of Escrow
  • Negotiable

Room Types

  • Den
  • Family Room
  • Garage Converted
  • Laundry
  • MaidIn-Law Quarters

LotFeatures

  • Fruit Tree(s)

WaterSource

  • Well

Lot Features

  • Fruit Tree(s)

PoolFeatures

  • Concrete
  • Equipment Included
  • Pool/Spa Combo

Restrictions

  • No Restrictions

Water Source

  • Well

Listing Terms

  • Cash
  • Conventional

Pool Features

  • Concrete
  • Equipment Included
  • PoolSpa Combo

Other Equipment

  • Fuel Tank(s)

OtherStructures

  • Outbuilding

ParkingFeatures

  • Boat Access/Parking
  • Covered
  • Driveway
  • RV Access/Parking

ExteriorFeatures

  • Awning(s)
  • Lighting

InteriorFeatures

  • Bedroom Layout - Split
  • Closet Cabinetry
  • Storage
  • Walk-In Closet(s)

Other Structures

  • Outbuilding

Parking Features

  • Boat AccessParking
  • Covered
  • Driveway
  • RV AccessParking

SecurityFeatures

  • Security System

Exterior Features

  • Awning(s)
  • Lighting

Interior Features

  • Bedroom Layout - Split
  • Closet Cabinetry
  • Storage
  • Walk-In Closet(s)

Security Features

  • Security System

ArchitecturalStyle

  • Ranch

Fireplace Features

  • Decorative

Master BedroomBath

  • Bedroom On Entry Level
  • Master Bdrm - Ground
  • Master Bdrm - Sitting
  • Separate Shower

Property Condition

  • Resale

Road Frontage Type

  • Private Road

Acreage Description

  • 1 To Less Than 2 Acre Lot

Architectural Style

  • Ranch

Special Information

  • Flood Zone
  • Sold As-Is

AssociationAmenities

  • Gated

Showing Requirements

  • Appointment Only
  • Call Listing Agent

Water Heater Details

  • Electric Water Heater

Association Amenities

  • Gated

Outdoor Living Spaces

  • Patio

PatioAndPorchFeatures

  • Patio

Construction Materials

  • Block
  • CBS

Property Details

Property TypeResidential
StyleSingle Family Residence
Year Built1982
CountyMiami-Dade
SubdivisionBONANZA RANCH ESTATE
Living Area5,158 sq ft
Bedrooms4
Baths3
Half Baths0
Private PoolYes
Annual Tax$14,260 (2025)
Special AssessmentNo
Listing OfficeFonte Realty & Investments LLC
Listing AgentLuis A Fonte
Office Phone305-297-9354

20791 SW 240th Street, Homestead, FL 33031, Homestead, FL 33031