
213th PL SW 240th ST, Miami FL 33031, MIAMI, FL, 33031
Active395 days on marketListed Jul 16, 2025MLS #A11841680
About this home
213th PL SW 240th ST, Miami FL 33031
Don't miss this opportunity to own a prime lot in the heart of the Redlands, next to Bonanza Ranch Estates Park! Perfect for a custom home, pool, stables, or gardens, with room to create your ideal retreat. Surrounded by nature yet close to Krome Ave, US 1, Schnebly's Winery, and the Everglades. Land values in this area have been rapidly increasing, making this not just a dream location but also a smart investment. Enjoy peace, privacy, and potential in one of South Florida's most desirable rural communities.
Facts & features
The home at a glance
1.25 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,518 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,518/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Miami
Get to know Miami. See the full Miami guide →
MIAMI 33031 — neighborhood snapshot
Population
7,795
Median age
43.9
Median income
$107,460
Median home value
$467,100
Avg household
3.35
Households w/ children
1,001
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 47% below the MIAMI 33031 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 213th PL SW 240th ST
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$1,050,000
20890 SW 240th St, Homestead FL 33031
4 bd · 3 ba · 79 DOM
Sold · May ’26$790,000
23550 SW 214th Pl, Homestead FL 33031
2 bd · 1 ba · 928 sqft · $851/sqft · 3 DOM
Sold · Oct ’25$720,000
20707 SW 240th St, Homestead FL 33031
2 bd · 2 ba · 1,386 sqft · $519/sqft · 77 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Alek Cherrone
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 213th PL SW 240th ST — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 213th PL SW 240th ST — before you fall in love.
See it in person
Schedule a tour
Live availability from Alek's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
213th PL SW 240th ST FAQs
What would the monthly payment be for 213th PL SW 240th ST, Miami FL 33031?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,518/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 213th PL SW 240th ST, Miami FL 33031?+
The most recent tax bill on record (2024) was $4,600. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $470,000, this home is listed about 23% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 213th PL SW 240th ST, Miami FL 33031?+
South Dade Senior High School (high), Redland Elementary School (elementary), Redland Middle School (middle), Title I Migrant Education Program (), Instructional Center System Wide (), District Instructional Center (Dic) () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the MIAMI 33031 market on paper
$470,000 is 47% below the MIAMI 33031 median of $894,450.
02None views
The none view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
395 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $550,000, now $470,000 — a $80K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of United Real Estate Miami · Luis Mesa Ortegon. MLS #A11841680.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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