Residential Land for Sale in Homestead, Florida
20995 SW 240th St, Homestead, FL 33031
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.
Location
- Street address
- 20995 SW 240th St
- County
- Miami-Dade County
- Community
- Bonanza Rhos
- Elevation
- 7 feet
Directions
Take US-1 South, turn right on SW 248th St, then left on SW 209th Ave and turn right on SW 240th St.
Property details
- Acreage
- 1.25 acres
- MLS #
- MAOR A11854446
- Posted
Property taxes
- 2024
- $3,018
Parcels
- 30-68-21-000-1150
Legal description
21 56 38 1.26 AC M/L N300FT OF S343FT OF E3/4 OF NE1/4 LESS W200FT & LESS E1608.5FT & LESS S43FT THEREOF A/K/A LOT 318 OR 16373-3896 0594 1
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 21, 2025 | Price drop | $535,000 | $15,000 -2.7% | MAOR |
| Aug 7, 2025 | New listing | $550,000 | — | MAOR |
