Price Check
How this price compares
- List price
- $499,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- N/A
This lot in ZIP 33031 is listed at $499,000.
Estimated monthly payment
$2,622 /mo
Principal and interest only, based on $99,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $499,000
- Days on Site
- 0 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 1.25 Acres
- Property Type
- Land
- MLS #
- A12117528
- Property Tax
- $3,784 (2025)
- Subdivision
- Bonanza Ranch Estates
- County
- Miami Dade
- Status
- Active
About This Property
Discover the possibilities of this approximately 1.25-acre cleared homesite in Miami-Dade County's desirable Redland area. With approximately 181 feet of frontage along paved SW 242nd Street, this spacious property offers an excellent opportunity to create a custom residence surrounded by the charm and open landscapes of the Redland. A Miami-Dade County zoning verification letter confirms that a single-family residence may be constructed on the property, subject to applicable zoning regulations and development requirements. The property is zoned GU, trended to EU-1 (Single-Family One Acre Estate District). Adding to its appeal, the property has an existing survey and architectural plans specifically designed for the parcel, featuring a proposed residence with approximately 2,755 square feet of air-conditioned living space, a garage, and expansive covered porches. Conceptual architectural renderings are also available for review. With its generous dimensions, cleared condition, and valuable preliminary planning documentation, this property offers an exciting starting point for bringing a custom home vision to life.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- North
- Lot Size (Acres)
- 1.25
- Water Source
- Well
- Zoning
- 8900
Exterior Features
- Lot Features
- One To Two Acres / Oversized Lot
Community & HOA
- Community Features
- Street Lights
- Utilities
- Electricity Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2680
Schools
- Elementary School
- Redland
- Middle School
- Redland
- High School
- South Dade
About the Community
- Homes for Sale
- 1
- Median List Price
- $970,000
- Median $/Sq Ft
- $628
- Avg Days on Market
- 37
Frequently Asked Questions
- How do I schedule a tour of 0 SW 242nd Street, Homestead, FL 33031?
- Use the Tour button on this listing to request a showing of 0 SW 242nd Street, Homestead, FL 33031. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 0 SW 242nd Street, Homestead, FL 33031 still available?
- 0 SW 242nd Street, Homestead, FL 33031 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 0 SW 242nd Street, Homestead, FL 33031?
- With 20% down ($99,800) on the $499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 0 SW 242nd Street, Homestead, FL 33031 is about $2,622/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 0 SW 242nd Street, Homestead, FL 33031?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 0 SW 242nd Street, Homestead, FL 33031. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 0 SW 242nd Street, Homestead, FL 33031?
- 0 SW 242nd Street, Homestead, FL 33031 is zoned for Redland (elementary), Redland (middle), South Dade (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 0 SW 242nd Street, Homestead, FL 33031?
- Often, yes. The right offer on 0 SW 242nd Street, Homestead, FL 33031 depends on how it's priced against comparable land sales in Homestead, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of HomeCoin.com
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.
$499,000
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Listed by Jonathan P Minerick, HomeCoin.com
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Recent Sales
Recently sold homes in ZIP 33031
These are the last 6 recorded closings in ZIP 33031, with the price each home actually sold for rather than what it was listed at. They closed at a median of $377 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$750,000
Sold · October 2, 2026
19745 SW 244th Street
4 bed · 2 bath · 2,084 sqft · $360/sqft
$19,000 under the asking price
Sold$475,000
Sold · October 1, 2026
23850 SW 169 Avenue
0 bed · 0 bath
$40,000 under the asking price
Sold$300,000
Sold · September 30, 2026
20xxx SW 199 Avenue
0 bed · 0 bath
$1 over the asking price
Sold$2,100,000
Sold · September 17, 2026
25025 SW 202nd Avenue
6 bed · 3.5 bath · 5,052 sqft · $416/sqft
$375,000 under the asking price
Sold$285,000
Sold · September 16, 2026
20xxx SW 199 Avenue
0 bed · 0 bath
$14,999 under the asking price
Sold$875,000
Sold · September 11, 2026
15941 SW 252nd Street
4 bed · 2 bath · 2,320 sqft · $377/sqft
$105,000 under the asking price
See every recorded sale in ZIP 33031 or find out what your ZIP 33031 home is worth.
