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Homes for sale in Homestead
Single Family Residence

20791 SW 240th St

Homestead, FL 33031
$1,199,000
Beds
4
Baths
3
Sq ft
5,158
Year built
1982
Price per sq ft
$232

Listing courtesy of Luis Fonte, Fonte Realty & Investments LLC

About this home

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

Details

Property

Type
Single Family Residence
Style
Attached, One Story, Ranch
Building
Pool Only
Year built
1982
Lot size
54,450 sq ft
Building name
BONANZA RANCH ESTATE
Subdivision
BONANZA RANCH ESTATE
County
Miami-Dade County
Faces
South
View
Garden, Pool
Flood zone
AH

Interior

Appliances
Bottled Gas, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Wall Oven, Washer, Water Softener Owned
Flooring
Ceramic Floor, Concrete, Marble, Tile
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Laundry
Utility Room/Laundry
Features
First Floor Entry, Closet Cabinetry, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Family Room, Garage Converted, Separate Guest/In-Law Quarters, Storage, Utility Room/Laundry

Exterior and parking

Exterior
Lighting, Fruit Trees
Patio and porch
Awning(s), Patio
Pool
Concrete, Equipment Stays, Pool/Spa Combo
Parking
Covered, Driveway, Rv/Boat Parking
Garage spaces
2
Construction
Concrete Block Construction, CBS Construction
Roof
Composition Roll, Shingle

Community and fees

Security
Owned Burglar Alarm
Annual taxes
$14,260
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 20, 2026.