Bonanza Ranch Estates, 20995 SW 240th St

Beds
1.26
Acre
$384,921
$/Acre
Sold - Mar 01, 2026
Mid-Tier Land
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.
MLS Number: A11854446
On Site: 407 Days
Updated: 22 Days ago
Page Views: 0

Features

All features
  • Property SqFt: 54886
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Directions: West
  • Days on Market: 175
  • Closing Date: 2026-03-01
  • Compass Point: SW
  • Office Name: Beycome of Florida LLC
  • Area: 54886
  • Taxes: 3018
  • Tax Year: 2024
  • Listing Date: 2025-08-07T08:50:12.000-00:00
  • Lot Size Square Feet: 54886

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Price History

Current
$485K
High
$550K
Low
$485K
Total Change
-11.8%
$558K$518K$477KAug 25Oct 25Oct 25Mar 26Oct 25
Date
Event
Price
Change
Price Per
10/20/2025
Sold
$485K
0%
$9 ft2
$95 m2
03/01/2026
Price Reduced
$485K
0%
$9 ft2
$95 m2
10/20/2025
Price Reduced
$485K
-9.35%
$9 ft2
$95 m2
10/20/2025
Price Reduced
$535K
-2.73%
$10 ft2
$105 m2
08/07/2025
Listed
$550K
 
$10 ft2
$108 m2
10/20/2025
$485K
Event
Sold
Change
0%
Price Per
$9 ft2
$95 m2
03/01/2026
$485K
Event
Price Reduced
Change
0%
Price Per
$9 ft2
$95 m2
10/20/2025
$485K
Event
Price Reduced
Change
-9.35%
Price Per
$9 ft2
$95 m2
10/20/2025
$535K
Event
Price Reduced
Change
-2.73%
Price Per
$10 ft2
$105 m2
08/07/2025
$550K
Event
Listed
Price Per
$10 ft2
$108 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Steven KolenoBeycome of Florida LLC • Buyer Agency Compensation .

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Scores

Walk Score®
Car-Dependent. Almost all errands require a car
13

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
33

100
Sound Score®
Very quiet
87

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
16

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
3 – 4 BR
Bedrooms
$470K – $1.4M
Price Tier
928 - 7,434
SqFt Range
1993
Year Build
2
Total Floors

Redland
Mid-Tier
Mid-Tier Homes & Condos