20791 SW 240th Street, Homestead, FL 33031

$1,199,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12044562

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 5,966 Status: Active

Current Price: $1,199,000 List Date: 6/26/2026 Last Modified: 9/20/2026

Overview

Description

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. T ... (Read more)

Listing Details MLS# A12044562

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 5966
Living Area Main: 5158
Adjusted Area Main: 3190
Year Built: 1982
Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Lot Size Area: 54450
Lot Size Acres: 1.25
Senior Community YN: No
Guest House YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Direction Faces: South
Pool Private YN: Yes
Equestrian Features YN: Yes

Property Features

Association Amenities: Gated Electric: Circuit Breakers Exterior Features: Awning(s); Lighting Fireplace Features: Decorative Flooring: Ceramic Tile; Concrete; Marble; Tile Parking Features: Boat Access/Parking; Covered; Driveway; RV Access/Parking Property Condition: Resale Appliances: Disposal; Dryer; Electric Range; Microwave; Oven; Refrigerator; Trash Compactor; Washer; Water Softener Water Heater Details: Electric Water Heater Architectural Style: Ranch Construction Materials: Block; CBS Cooling: Ceiling Fan(s); Central Air Fencing: Fenced Heating: Central; Electric Interior Features: Bedroom Layout - Split; Closet Cabinetry; Storage; Walk-In Closet(s) Levels: One Listing Terms: Cash; Conventional Lot Features: Fruit Tree(s) Other Equipment: Fuel Tank(s) Other Structures: Outbuilding Pool Features: Concrete; Equipment Included; Pool/Spa Combo Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Road Frontage Type: Private Road Roof: Shingle Security Features: Security System Sewer: Septic Tank Special Information: Flood Zone; Sold As-Is View: Garden; Pool Water Source: Well Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Patio Room Types: Den; Family Room; Garage Converted; Laundry; Maid/In-Law Quarters Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1280000
Occupant Type: Owner

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 20791
Street Direction Prefix: SW
Street Name: 240th
Street Suffix: Street
City Name: Homestead
Municipal Code: 30
State Or Province: FL
Postal Code: 33031
Postal Code +4: 1035
Postal Zip: 33031
Subdivision Name: BONANZA RANCH ESTATE
Area: 2680
Elementary School: Redland
Middle Or Junior School: Redland
High School: South Dade
Special Assessment YN: No
Parcel Number: 3068210001250
Zoning: 8900
Flood Zone: AH
Directions: Krome Ave to 232 Street, go west to 207 Avenue, right on 240 Street, property on your right.

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 14260
Tax Year: 2025
Tax Legal Description: 21 56 38 1.25 AC M/L W181.5FT OF E701FT OF N300FT OF S343FT OF NE1/4 OR 16851-4779 0795 4

Status Change Information

Major Change Timestamp: 2026-09-20T01:00:47Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-20T01:00:47Z
Status Change Date: 2026-06-28

More Information

Entry Information

Entry Level: Yes

Short Sale Details

Short Sale Addendum: No

Pool Size Details

Pool Size (WxL): other

Price Calculations

Current Price To SqFt: 232.45

Section Details

Parcel Number MLX: 1250

Originating Details

Originating System Key: 517664231
Originating System ID: M00000151

Room Information

Room Name
Den
Family Room
Garage Converted
Maid/In-Law Quarters
Laundry

Listing Office: Fonte Realty & Investments LLC

Last Updated: September - 20 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

20791 SW 240th Street, Homestead, FL 33031 (MLS# A12044562)