Bonanza Rhos

20995 SW 240th st, Homestead FL 33031

Closed

$535,000

2.73%

Est. Payment $2,847/mo

MLS Sheet

175

Days on Market

Description

Property includes water, septic, electric service, and two wells. Features a 50 amp RV hookup, 40 ft shipping container, and a 35 ft metal roof structure on gravel foundation. Entire lot is secured with fencing and surrounded by lush, mature trees, adding privacy and natural beauty. Zoned Agricultural and Residential, offering multiple use options for a custom home, agricultural development, or both. Currently leased to an operating nursery, providing immediate rental income. An agricultural exemption is in place, significantly lowering property taxes. No HOA. Cleared and ready for use. Excellent opportunity for investors, nurseries, or those seeking rural living with infrastructure already in place.

Facts

MLS#
A11854446
Subdivision
Bonanza Rhos
Property Type
Land/Boat Docks
Property Sub Type
Residential
Year Built
Lot Size
54,450 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
175 days
Listed
Aug 7, 2025
Last Updated
Mar 1, 2026
Price/Lot Sq.Ft.
$10/ft²

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).

3/1/2026Sold$535,000
10/21/2025Price change$535,000-2.7%
8/7/2025Listed for sale$550,000

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

Location

20995 SW 240th st, Homestead FL 33031Directions

Estimated Monthly Payment

$3,443/mo

Principal & Interest

$2,847

Property Tax

$446

Insurance

$150

HOA

$0

20% ($107,000)
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®.

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