50 photos
20791 240th St
Homestead, FL 33031
Listing courtesy of Fonte Realty & Investments LLC (Luis Fonte). Contact: [email protected].
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
- Principal and interest
- $6,063
- Property tax
- $1,784
- Homeowners insurance
- $750
- HOA(not in the listing)
- $0
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.