20995 SW 240th St, Homestead, FL 33031 - Photo 1

1/1

$485,000

Sold
Closed
Land Residential
1.25 Acres
Updated 10 days ago

1/1

Property Description

Property includes water, septic, electric service, and two wells. Features a 50 amp RV hookup, 40 ft shipping container, and a 35 ft metal roof structure on gravel foundation. Entire lot is secured with fencing and surrounded by lush, mature trees, adding privacy and natural beauty. Zoned Agricultural and Residential, offering multiple use options for a custom home, agricultural development, or both. Currently leased to an operating nursery, providing immediate rental income. An agricultural exemption is in place, significantly lowering property taxes. No HOA. Cleared and ready for use. Excellent opportunity for investors, nurseries, or those seeking rural living with infrastructure already in place.

Full Property Details

Full Property Details for 20995 SW 240th St

General

Sold For: $485,000
Taxes: $3,018 (2024)
Status: Closed
Type: Land Residential
Source: Greater_Miami
MLS ID: A11854446
Added to Site: 217 day(s) ago

Location

Area: Bonanza Rhos
County: Miami-Dade County
Subdivision: Bonanza Rhos
Building Name: Bonanza Rhos
Driving Directions: Take US-1 South, turn right on SW 248th St, then left on SW 209th Ave and turn right on SW 240th St.
Direction Faces: West

Community

Community Name: Bonanza Rhos

Structural Information

Structure Type: Residential
Detached/Attached: Detached
Current Bldg. Use: Residential

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 1.25
Lot Size (Sq. Ft.): 54,886
Lot Features: Above Ground Irrigation, Build To Suit, Cleared, Fenced, Septic, Well
Development Status: Recorded Plat
Potential Use: Primary
Trees/Vegetation: Other Trees, Agriculture
Zoning: 8900
Fencing (Description): Fenced

Financial Considerations

Tax Amount: $3,018
Tax Year: 2024
Terms: All Cash, Owner Will Carry

Disclosures and Reports

Legal Description: 21 56 38 1.26 AC M/L N300FT OF S343FT OF E3/4 OF NE1/4 LESS W200FT & LESS E1608.5FT & LESS S43FT THEREOF A/K/A LOT 318 OR 16373-3896 0594 1
Property ID: 30-68-21-000-1150

Listed by Beycome of Florida LLC
Sold by Mar Non Mls Member

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— 20995 SW 240th St —

Beycome of Florida LLC

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Schools

Schools serving 20995 SW 240th St

School District:Dade County School District

Name	Grades	Distance
Redland Elementary School, Homestead, FL 24501 Southwest 162nd Avenue, Homestead, FL 33031	PK-5	5 mi
Redland Middle School 16001 Southwest 248th Street, Homestead, FL 33031	6-8	5 mi
South Dade Senior High School 28401 Southwest 167th Avenue, Homestead, FL 33030	9-12	5.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 20995 SW 240th St

Date

Details

Price

Change

Source

3/01/2026

Sold

$485,000

-9.35%

MLS

10/20/2025

Price Reduced

$535,000

-2.73%

MLS

8/07/2025

Listed

$550,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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20995 SW 240th St, Homestead, FL 33031 (MLS# A11854446) is a Land Residential property that was sold at $485,000 on March 01, 2026. Want to learn more about 20995 SW 240th St? Do you have questions about finding other Land Residential real estate for sale in Homestead? You can browse all Homestead real estate or contact a Coldwell Banker agent to request more information.

20995 SW 240th St Homestead, FL 33031