EL TRANQUILO

15835 SW 242 St, Homestead FL 33031

Closed

$475,000

Est. Payment $2,528/mo

MLS Sheet Video

62

Days on Market

Description

Ready to build vacant land (0.93 acre/40,511 sf) with approved architectural plans! This prime vacant land opportunity in the peaceful area of the Redlands is now available for sale, featuring approved plans, completed foundation survey, new well, and DERM approval. It's ready for permitting and immediate development. Discover your dream home designed with luxury and versatility in mind. The property will feature 4 bedrooms, 4 baths, a spacious main living area with an open concept, ideal for family gatherings and entertainment, a two car garage, plus an open terrace. Total construction is 4,200 sq ft, 3,200 under air. Bank appraised value of $1.3 million, once construction is completed. It's a once-of-a-kind opportunity. Make it your dream home!

Facts

MLS#
A11819343
Subdivision
EL TRANQUILO
Property Type
Land/Boat Docks
Property Sub Type
Residential
Year Built
Lot Size
1,764,615,600 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
62 days
Listed
Jun 10, 2025
Last Updated
Aug 22, 2025
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Homestead

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

57

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/22/2025Sold$475,000
6/10/2025Listed for sale$475,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

15835 SW 242 St, Homestead FL 33031Directions

Estimated Monthly Payment

$3,074/mo

Principal & Interest

$2,528

Property Tax

$396

Insurance

$150

HOA

$0

20% ($95,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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 and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Homestead around $475,000.

Call NowWhatsApp