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S Canal Dr, Homestead, Florida 33035

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Active For Sale
$5,500,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 3 in 3 days

Description

Once-in-a-lifetime development opportunity in Homestead. Administratively approved for ±60-unit 55+ independent living community. Exceptional 6.09-acre corner parcel with dual frontage at S Canal Dr & SE 18 Ave, near Turnpike, US-1, retail, hospitals, and major amenities. Property includes extensive due diligence: traffic impact study and near-complete permit-ready plan sets (architectural, structural, civil, mechanical, electrical & plumbing). Geotechnical report completed with soil borings, permeability test, and foundation recommendations, significantly reducing risk and development timeline. Flexible options include approved 55+ concept or townhouse development allowing density optimization. Rare, fully engineered development opportunity with strong development upside.

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Homestead
  • Subdivision: MIAMI LAND & DEVELOPMENT
  • Zipcode: 33035
  • Street: S Canal Dr
  • Floor Number: 0
  • Longitude: W81° 33' 34.9''
  • Latitude: N25° 27' 38.7''
  • Directions: From Florida's Turnpike, take Exit 2 (E Palm Dr/US-1), head south on US-1, turn west onto SW 312 St (Campbell Dr), continue to S Canal Dr, then south to SE 18th Ave. Property at SE corner of S Canal Dr & SE 18th Ave, Homestead.
  • MLS Area: 79

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Listing Terms: Cash, Conventional
  • Lot Features: 5-10 Acres
  • Lot Size Dimensions: 688x385
  • New Taxes Expense: $0
  • Tax Annual Amount: $30,620
  • Tax Year: 2026
  • Utilities: Cable Available, Sewer Available, Water Available

Location

Listing Updated: 2026-04-25 00:50:11

  • Property Type : Land
  • Property Sub Type : Commercial
  • Listing Type : For Sale
  • Listing ID : A12007157
  • Price : $5,500,000
  • View : Water
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 6.09 Acre
  • Listing Status : Active
  • Days On Market : 2
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