Single Family Residence - Bonanza Ranchos

20851 SW 242nd St, Homestead, FL 33031
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$1,000,000  Built: 1990
4 bedrooms 2 bathrooms N/A
Type of PropertySingle Family Residence
Style of PropertyR30-No Pool/No Water
Property Area2042
Living Area2010
Price per Ft²$497.51
PetsYes
WaterfrontN/A
PoolN/A
FurnitureN/A
Property description of Single Family Residence - Bonanza Ranchos

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. In addition, there is a separate 2-bedroom, 1-bath house which could be an in-laws 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 income-producing property. Ample space for parking, outdoor living, and future improvements. A rare find combining rural charm, multiple residences, and consistent income potential. Must see! Please call listing agent for showing.

Exterior Features
Lighting
Fruit Trees
Room For Pool
Interior Features
First Floor Entry
Built-in Features
Other
Chandelier To Be Replaced
Split Bedroom
Walk-In Closet(s)
Cottage
Family Room
Separate Guest/In-Law Quarters
Storage
Workshop
Amenities
No Subdiv/Park Info
Equipment/Appliances
Dishwasher
Disposal
Dryer
Microwave
Other Equipment/Appliances
Electric Range
Gas Range
Refrigerator
Washer
Property Features
NameBonanza Ranchos
MLSA11880737
ForeclosureN/A
Short SaleN/A
ParkingDetached Carport, Additional Spaces Available, Other, Unpaved
Parking Restrictions 
Parking Spaces 
Approx. Ft² 
Approx. Lot Size 
Boat Dock 
Last Update46 days
Pet RestrictionsYes
Floor Number 
Cooling DescriptionCeiling Fan(s), Central Air, Electric
Heating DescriptionCentral, Electric
ViewGarden
ConstructionCBS Construction
Flooring TypeTile
Maintenance Fees 
Taxes$4,223
Property contact form
Gladys Martinez PA
Gladys Martinez PA305-321-7889gmrealtor7@gmail.com
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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2025
Listing is a courtesy of The Keyes Company. Office (keyes220@keyes.com, 305-443-7423). Agent (elizabethmolinarealtor@gmail.com, 305-586-2121).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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