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Slice RealtyPropiedad Futura

$1,150,000

4 bd · 3 ba · 5,158 sq ft · Single Family Residence

20791 SW 240th St, Homestead FL 33031

For Sale · Active listing

Est. payment $6,320/mo · Mortgage calculator

Listed by Fonte Realty & Investments LLC / Luis Fonte

Contact: 305-297-9354 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

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 $1,150,000

Facts
MLS #
A12044562
Subdivision
BONANZA RANCH ESTATE
Property type
Residential
Property subtype
Single Family Residence
Sq. ft.
5,158
Price per sq. ft.
$223 / sq ft
Year built
1982
Days on market
101
County
Miami-Dade County
Date listed
Jun 26, 2026
Last updated
Oct 5, 2026
Financial considerations
Taxes
$14,260 (2025)
Exterior features
Waterfront
No
View
Garden, Pool
Construction
Concrete Block Construction, CBS Construction
Roof
Composition Roll, Shingle
Additional features
Lighting, Fruit Trees
Interior features
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
Appliances
Bottled Gas, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Wall Oven, Washer, Water Softener Owned
Window features
Hurricane Shutters
Additional features
First Floor Entry, Closet Cabinetry, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Family Room, Garage Converted, Separate Guest/In-Law Quarters, Storage, Utility Room/Laundry
Additional features
Security
Owned Burglar Alarm
Community
Gated, Horses Permitted, Private Roads

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.

Loan amount$920,000
Total cost of mortgage$2,275,114
Monthly payment$6,320

Local context (our analysis)

Area stats are available for our covered neighborhoods. See neighborhoods.

Source: Southeast Florida MLS (SEFMLS). Last updated Oct 5, 2026, 6:02 PM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.