20791 SW 240th St, Homestead
#MLS: A12044562
$ 1 280 000
Listing date06/26/2026
CityHomestead, FL 33031
Address20791 SW 240th St
Area3190 sqft
Tax/year$ 14 260
Built year1982
Bedrooms4
Bathrooms3
Garage
(2)
Pool
Beautiful ranch-style home in the gated Bonanza Ranch Estates community in Homestead, Florida, offering a rare combination of space, flexibility, and income potential. This single-story 4-bedroom, 2-bath residence features 5,158 square feet of living area on a sprawling 1.25-acre lot, with a layout designed for both everyday comfort and entertaining.
Inside, you’ll find first-floor living, two formal dining and living areas, a den or office, family room, split-bedroom design, and a spacious primary suite with a custom walk-in closet, dual vanities, and a large shower setup. The home also includes a converted garage that adds valuable extra living space, along with separate guest or in-law quarters.
The kitchen is equipped with stainless steel appliances, wood cabinetry, and a functional layout for cooking and gathering. Additional highlights include central air, ceiling fans, electric heating, a tankless water heater, water softener, utility room/laundry, and an owned burglar alarm with cameras. Hurricane shutters are installed on every window, and impact doors add peace of mind.
Outdoor living is a major plus, with a pool and jacuzzi, terrace off the primary bedroom, garden and pool views, fruit trees, lighting, and plenty of room for horses. There is also RV and boat parking, a covered driveway, and a 2-car garage. The roof was replaced approximately 8 years ago, and the property includes a guardian gas generator.
A standout feature is the rear guest quarters, which are currently rented and generating approximately $2,500 per month in combined income. Located in Miami-Dade County near Redland schools, this property offers privacy, versatility, and strong investment appeal in a desirable ranch estate setting.