# 20851 SW 242nd St, Homestead, FL 33031

> **TL;DR:** 4bd/2ba single family, $979,900 ($488/sqft), built 1990, 2,010 sqft. Est. $4,246/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $979,900 |
| Price/sqft | $488 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 2,010 |
| Year Built | 1990 |
| Lot Size | 54,450 sqft (1.25 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,246 |
| **Total** | **$4,246** |

## Nearby Schools

- **Elementary:** Redland
- **Middle:** Redland
- **High:** South Dade

## Property Highlights

- Built in 1990
- 1.25 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 20851 SW 242nd St, Homestead, FL 33031
- **County:** Miami-Dade
- **Neighborhood:** Bonanza Ranchos

## Listing Agent

- **Name:** Elizabeth Molina
- **Brokerage:** The Keyes Company
- **Phone:** 18004383973
- **Email:** elizabethmolinarealtor@gmail.com

## Primary Photo

![20851 SW 242nd St - Primary Photo](http://lh.rdcpix.com/b41072fba4272bde75c99d2dd82bbf04l-f306512432r.jpg)

*42 total photos available on [listing page](https://www.propertysimple.com/listing/20851-sw-242nd-st-homestead-fl-33031-11921299)*

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**MLS#:** A11921299 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/20851-sw-242nd-st-homestead-fl-33031-11921299)

---

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  "name": "20851 SW 242nd St, Homestead, FL 33031",
  "description": "Unique opportunity to own a 1.25-acre property in the desirable Redlands area. The main home offers 4\r\n 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",
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  "numberOfBedrooms": 4,
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