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$979,900

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,010 Sq. Ft.
  • Updated 8 days ago
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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.

Full Property Details for 20851 SW 242nd St

General

  • Price: $979,900
  • Taxes: $4,315 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11921299
  • Updated: 1/9/2026
  • Added to Site: 123 day(s) ago

Interior

  • Interior Features: First Floor Entry, Built-in Features, Other, Chandelier To Be Replaced, Split Bedroom, Walk-In Closet(s), Cottage, Family Room, Separate Guest/In-Law Quarters, Storage, Workshop
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Gas Range, Refrigerator, Washer
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Tub Only

Bedrooms

  • Total Bedrooms: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Tub, Primary Bedroom Ground Level

Other Rooms

  • Living Room: Cottage, Family Room, Separ Sq. Ft.
  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen, Family/Dining Combination, Kitchen Dining, Snack Bar/Counter

Exterior

  • Exterior Features: Lighting, Fruit Trees, Room for Pool
  • Deck/Patio: Patio

Parking

  • Carports: Yes
  • Carport Spaces: 4
  • Covered Spaces: 4
  • Parking Features: Detached Carport, Additional Spaces Available, Other, Unpaved

Location

  • Area: Bonanza Ranchos
  • County: Miami-Dade County
  • Subdivision: Bonanza Ranchos
  • Building Name: Bonanza Ranchos
  • Driving Directions: Mapquest, Google Maps, Apple Maps
  • Direction Faces: South

School Information

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

Community

  • Community Name: Bonanza Ranchos
  • Pets Allowed: 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: Detached, One Story, Ranch
  • Structure Type: R30-No Pool/No Water, House
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, CBS Construction
  • Roof: Shingle
  • Windows: Complete Panel Shutters/Awnings, Hurricane Shutters
  • Building Size: 2042
  • Square Feet: 2,010
  • Living Area: 2,010 Sq. Ft.
  • Year Built: 1990

Additional Structures

  • Other Structures: Extra Building/Shed, Guest House

Lot Features

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

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Price Per Sq. Ft.: $487.51
  • Tax Amount: $4,315
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 21 56 38 1.25 AC M/L W181.5FT OF E1064FT OF S300FT OF N643FT OF SE1/4 AKA LOT 339 OR 19641-0542 042001 1
  • Restrictions: No Restrictions
  • Property ID: 30-68-21-000-3990

Listed by The Keyes Company

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Listing agent

— 20851 SW 242nd St —

  • The Keyes Company

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

Schools serving 20851 SW 242nd St

School District:Dade County School District
NameGradesDistance
Redland Elementary School, Homestead, FL
24501 Southwest 162nd Avenue, Homestead, FL 33031
PK-54.8 mi
Redland Middle School
16001 Southwest 248th Street, Homestead, FL 33031
6-84.8 mi
South Dade Senior High School
28401 Southwest 167th Avenue, Homestead, FL 33030
9-125.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 20851 SW 242nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$979,900
-1.01%
MLS
9/17/2025
Listed
$989,900
465.66%
MLS
5/03/2001
Sold
$175,000
—
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 20851 SW 242nd St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,223
6%
$186,291
3%
2023
$3,997
44%
$180,866
6%
2021
$2,780
-1%
$170,485
-3%
2022
$2,814
1%
$175,599
4%
2021
$2,780
3%
$168,132
2%
2019
$2,687
5%
$164,352
2%
2018
$2,554
1%
$161,288
2%
2017
$2,530
1%
$157,971
2%
2016
$2,496
-1%
$154,722
1%
2015
$2,522
-1%
$153,647
1%
2014
$2,549
18%
$152,428
16%
2013
$2,158
—
$131,630
—
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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NMLS#: 1598647

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Listed by The Keyes Company

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20851 SW 242nd St, Homestead, FL 33031 (MLS# A11921299) is a Single Family property with 4 bedrooms and 2 full bathrooms. 20851 SW 242nd St is currently listed for $979,900 and was received on September 17, 2025. Want to learn more about 20851 SW 242nd 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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