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$1,150,000 -$49,000 (-4.09%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 5,158 Sq. Ft.
  • Updated 6 days ago
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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 $1,150,000

Full Property Details for 20791 SW 240th St

General

  • Price: $1,150,000
  • Taxes: $14,260 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A12044562
  • Updated: 10/5/2026
  • Added to Site: 108 day(s) ago

Interior

  • Interior 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
  • Fireplace: Yes
  • Fireplace(s): Decorative
  • 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

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom

Other Rooms

  • Living Room: Den/Library/Office, Family Sq. Ft.
  • Laundry: Utility Room/Laundry

Additional Information

  • Pool: Yes
  • Pool Description: Concrete, Equipment Stays, Pool/Spa Combo, other
  • Security/Safety: Owned Burglar Alarm

Exterior

  • Exterior Features: Lighting, Fruit Trees
  • Deck/Patio: Awning(s), Patio

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Covered, Driveway, Rv/Boat Parking

Location

  • Area: Bonanza Ranch Estate
  • County: Miami-Dade County
  • Subdivision: BONANZA RANCH ESTATE
  • Building Name: BONANZA RANCH ESTATE
  • Driving Directions: Krome Ave to 232 Street, go west to 207 Avenue, right on 240 Street, property on your right.
  • Direction Faces: South

School Information

  • Elementary School: Redland
  • Middle School: Redland
  • High School: South Dade

Community

  • Community Name: Bonanza Ranch Estate
  • Gated community: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Well

Structural Information

  • Architectural Style: Attached, One Story, Ranch
  • Structure Type: Pool Only, House
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, CBS Construction
  • Roof: Composition Roll, Shingle
  • Windows: Hurricane Shutters
  • Building Size: 5966
  • Square Feet: 5,158
  • Living Area: 5,158 Sq. Ft.
  • Year Built: 1982

Additional Structures

  • Other Structures: Extra Building/Shed, Guest House

Lot Features

  • Property View: Garden, Pool
  • Lot Size (Sq. Ft.): 54,450
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Zoning: 8900
  • Fencing (Description): Fenced

Horse Property

  • Horse Property: Yes

Financial Considerations

  • Price Per Sq. Ft.: $222.95
  • Tax Amount: $14,260
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • 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
  • Restrictions: No Restrictions
  • Property ID: 30-68-21-000-1250

Listed by Fonte Realty & Investments LLC

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Listing agent

— 20791 SW 240th St —

  • Fonte Realty & Investments LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 20791 SW 240th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/05/2026
Price Reduced
$1,150,000
-4.09%
MLS
9/19/2026
Price Reduced
$1,199,000
-3.31%
MLS
8/05/2026
Price Reduced
$1,240,000
-3.12%
MLS
6/26/2026
Listed
$1,280,000
31.96%
MLS
3/21/2024
Sold
$970,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 20791 SW 240th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,260
126%
$800,770
116%
2024
$6,306
5%
$371,196
3%
2023
$6,008
4%
$360,385
6%
2021
$5,760
—
$339,699
-3%
2022
$5,785
—
$349,889
4%
2021
$5,760
3%
$335,009
2%
2019
$5,576
5%
$327,478
2%
2018
$5,317
1%
$321,372
2%
2017
$5,275
1%
$314,762
2%
2016
$5,243
-1%
$308,288
1%
2015
$5,306
-1%
$306,145
1%
2014
$5,371
2%
$303,716
1%
2013
$5,277
—
$299,228
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Fonte Realty & Investments LLC

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20791 SW 240th St, Homestead, FL 33031 (MLS# A12044562) is a Single Family property with 4 bedrooms and 3 full bathrooms. 20791 SW 240th St is currently listed for $1,150,000 and was received on June 26, 2026. Want to learn more about 20791 SW 240th St? Do you have questions about finding other Single Family real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.

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