$5,500,000

S Canal Dr, Homestead, FL 33035

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon6.09acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property 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.

Listing Status:
Active
Date Added:
April 23, 2026
Data Last Updated:
July 31, 2026 at 7:06AM
Listing Office:
BHHS EWM Realty : 305-960-2400
Listing Agent:
Maria Alexandra Silva : 305-793-9747
MLS ID:
A12007157
  • Road/Access: Public Road
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 280020 57 39 6.091 AC M/L MIAMI LAND & DEV COS SUB PB 5-10 PORTS OF TRS 5-7-8 & 10 OF PB 5-10 & A PORT OF DEDICATED R/W AS DESC OR 12432-1108 DE10-79-20-001-0055
  • View: None
  • Current Use: Unimproved Single Family (5+ Lots)Unimproved Business/Commercial
  • Utilities: Cable ConnectedSewer ConnectedWater ConnectedCable AvailableSewer AvailableWater Available
  • Water: Municipal Water
  • Sewer: Public Sanitation
  • Source: Miami Association of REALTORS®

This listing courtesy of Maria Alexandra Silva , BHHS EWM Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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