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For sale
  • Price cut: $41K (9/20)
    $1,199,000

    20791 SW 240th St, Homestead, FL 33031

    4beds
    5,158sqft
    : 
    $8,436/mo
    Get pre-qualified
    Single Family Residence
    Built in 1982
    1.25 Acres Lot
    $1,154,500 Zestimate®
    $232/sqft
    $-- HOA

    What's special

    Private pool and jacuzziWasher and dryerSpacious primary suiteGuardian gas generatorAlarm and camerasImpact doorsCustom walk-in closet
    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 $1,199,000
    94 days
    226
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Luis Fonte 305-297-9354,

    Fonte Realty & Investments LLC

    Source: MIAMI,MLS#: A12044562MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Den/Library/Office, Family Room
      Heating
      • Central, Electric
      Cooling
      • Ceiling Fan(s), Central Air, Electric
      Appliances
      • Included: Bottled Gas, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Oven, Washer, Water Softener Owned
      • Laundry: Laundry Room
      Features
      • Closet Cabinetry, Split Bedroom, Walk-In Closet(s), Separate Guest/In-Law Quarters, Storage
      • Flooring: Ceramic Tile, Concrete, Marble, Tile
      • Windows: Hurricane Shutters
      • Has fireplace: Yes
      • Fireplace features: Decorative
      Interior area
      • Total structure area: 5,966
      • Total interior livable area: 5,158 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Covered, Driveway, Rv/Boat Parking, Converted Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Entry location: First Floor Entry
      • Patio & porch: Awning(s), Patio
      • Exterior features: Lighting
      • Has private pool: Yes
      • Pool features: Concrete, Equipment Stays, Pool/Spa Combo, Pool Only
      • Fencing: Fenced
      • Has view: Yes
      • View description: Garden, Pool
      Lot
      • Size: 1.25 Acres
      • Features: 1 To Less Than 2 Acre Lot
      • Residential vegetation: Fruit Trees
      Details
      • Additional structures: Extra Building/Shed, Guest House
      • Parcel number: 3068210001250
      • Zoning: 8900
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Concrete Block Construction, CBS Construction
      • Roof: Composition Roll,Shingle
      Condition
      • Year built: 1982

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Bottled Gas
      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Community
      • Features: Gated, Horses Permitted, Card/Electric Gate
      • Security: Owned Burglar Alarm
      • Subdivision: Bonanza Ranch Estate
      HOA
      • Has HOA: No
      Location
      • Region: Homestead

      Financial & listing details

      • Price per square foot: $232/sqft
      • Tax assessed value: $800,770
      • Annual tax amount: $14,260
      • Date on market: 6/26/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $1,154,500

        $1.10M - $1.21M

        $5,489/mo

        Price history

        DateEventPrice
        9/20/2026Price change$1,199,000-3.3%$232/sqft
        Source: MIAMI #A12044562 Report a problem
        8/5/2026Price change$1,240,000-3.1%$240/sqft
        Source: MIAMI #A12044562 Report a problem
        6/28/2026Listed for sale$1,280,000+32%$248/sqft
        Source: MIAMI #A12044562 Report a problem
        3/22/2024Sold$970,000-11.7%$188/sqft
        Source: MIAMI #A11475187 Report a problem
        2/11/2024Contingent$1,099,000$213/sqft
        Source: MIAMI #A11475187 Report a problem
        2/10/2024Price change$1,099,000-4.4%$213/sqft
        Source: MIAMI #A11475187 Report a problem
        2/3/2024Price change$1,149,000-0.1%$223/sqft
        Source: MIAMI #A11475187 Report a problem
        1/13/2024Price change$1,150,000-9.3%$223/sqft
        Source: MIAMI #A11475187 Report a problem
        1/10/2024Price change$1,268,000-0.1%$246/sqft
        Source: MIAMI #A11475187 Report a problem
        1/8/2024Price change$1,269,000-0.1%$246/sqft
        Source: MIAMI #A11475187 Report a problem
        1/2/2024Price change$1,270,000-0.4%$246/sqft
        Source: MIAMI #A11475187 Report a problem
        11/2/2023Price change$1,275,000-5.6%$247/sqft
        Source: MIAMI #A11475187 Report a problem
        10/24/2023Listed for sale$1,350,000$262/sqft
        Source: MIAMI #A11475187 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,260 +126.1%$800,770 +115.7%
        2024$6,306 +5%$371,196 +3%
        2023$6,008 +3.9%$360,385 +3%
        2022$5,785 +0.4%$349,889 +3%
        2021$5,760 +1.1%$339,699 +1.4%
        2020$5,695 +2.1%$335,009 +2.3%
        2019$5,576 +4.9%$327,478 +1.9%
        2018$5,317 $321,372 +2.1%
        2017$5,317 +0.8%$314,762 +2.1%
        2016$5,275 -0.6%$308,288 +0.7%
        2015$5,306 -1.2%$306,145 +0.8%
        2014$5,371 +63.2%$303,716 +57.2%
        2012$3,291 -6%$193,258 -4.8%
        2011$3,501 -5.7%$202,898 +1.5%
        2010$3,712 +10.1%$199,900 +2.7%
        2009$3,372 -3.1%$194,645 +18.8%
        2007$3,480 -5.4%$163,788
        2006$3,678 +1.6%--
        2004$3,621 +5.3%--
        2003$3,440 +3%--
        2002$3,338 --
        2001$3,338 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 33031

        Getting around

        6 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Redland
        • Middle: Redland
        • High: South Dade

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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