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 $1,240,000
Property Details
Price:
$1,240,000
MLS #:
A12044562
Status:
Active
Beds:
4
Baths:
3
Address:
20791 SW 240th St
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BONANZA RANCH ESTATE
Neighborhood:
bonanzaranchestate
City:
Homestead
Listed Date:
Jun 26, 2026
State:
FL
Finished Sq Ft:
5,158
Total Sq Ft:
5,966
ZIP:
33031
Year Built:
1982
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Schools
Elementary School:
Redland
Middle School:
Redland
High School:
South Dade
Interior
Appliances
Bottled Gas, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Wall Oven, Washer, Water Softener Owned
Bathrooms
3 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Ceramic Floor, Concrete, Marble, Tile
Heating
Central, Electric
Laundry Features
Utility Room/ Laundry
Exterior
Architectural Style
Attached, One Story, Ranch
Community Features
Gated, Horses Permitted, Private Roads
Construction Materials
Concrete Block Construction, C B S Construction
Exterior Features
Lighting, Fruit Trees
Other Structures
Extra Building/ Shed, Guest House
Parking Features
Covered, Driveway, Rv/ Boat Parking
Roof
Composition Roll, Shingle
Security Features
Owned Burglar Alarm
Financial
Tax Year
2025
Taxes
$14,260
Map
Community
- Address20791 SW 240th St Homestead FL
- SubdivisionBONANZA RANCH ESTATE
- CityHomestead
- CountyMiami-Dade County
- Zip Code33031
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20791 SW 240th St
Homestead, FL
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