20851 SW 242nd Street, Homestead, FL 33031
- Beds
- 4
- Baths
- 2
- Living Area
- 2,010 SF
- Year Built
- 1990
- $/SF
- $488
- Type
- SingleFamilyResidence
- DOM
- 256
4 bed · 2 bath · 2,010 sqft · Built 1990
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.
- Property type
- SingleFamilyResidence
- Condition
- Resale
- Year built
- 1990
- Stories
- 1
- Roof
- Shingle
- Subdivision
- Bonanza Ranchos
- Waterfront
- No
- Private pool
- No
- Parcel number
- 3068210003990
- Annual tax
- $4,315
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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 5/31/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.