Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 4-bedroom, 2-bathroom single family at 20851 SW 242nd St in Homestead, FL is listed for $979,900 ($488 per sqft). Built in 1990, the home offers 2,010 sqft of living space on a 1.25 acres lot.
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.
Key Features
- Built in 1990
- 1.25 acre lot
Property Details
Monthly Cost Estimate
$5,241/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
20851 SW 242nd St
Homestead, FL 33031
Bonanza Ranchos
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom single family at 20851 SW 242nd St is listed at $979,900 ($488/sqft). The estimated monthly payment is $4,246 based on 20% down at 6.5% interest.
Key features include: Built in 1990, 1.25 acre lot. Interior Features: Breakfast Bar, Built-in Features, Bedroom On Main Level. Exterior Features: Fence, Fruit Trees, Lighting.
This property is listed by Elizabeth Molina and can be reached at 18004383973 or elizabethmolinarealtor@gmail.com.








