$5,500,000
 $29,525 est/mo Sourced by Back At You

S Canal Dr,Homestead, FL 33035

Homestead, FL 33035

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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.

Details

MLS #A12007157
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site141
Listing Provided ByBHHS EWM Realty | Maria Alexandra Silva

Features

Zoning2800
Acreage6.09

Exterior

Lot FeaturesFive To Ten Acres

Taxes

Tax Annual Amount30620

Area Information

StateFL
CountyMiami Dade
CityHomestead
Zip Code33035
Area79
Community NameMIAMI LAND & DEVELOPMENT
Listing VS Median (in MIAMI LAND & DEVELOPMENT)
Price:
$5,500,000
low | high
Med:
$2,500
100% of Average
On site:
141
low | high
Med:
85
100% of Average
Sourced by Back At You

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Learn More About This Property

Coldwell Banker Schmitt

Coldwell Banker Schmitt

 (305) 849-1585customercare@cbschmitt.com
StateFL
CountyMiami Dade
CityHomestead
Zip Code33035
Area79
Community NameMIAMI LAND & DEVELOPMENT
Listing VS Median (in MIAMI LAND & DEVELOPMENT)
Price:
$5,500,000
low | high
Med:
$2,500
100% of Average
On site:
141
low | high
Med:
85
100% of Average
Sourced by Back At You
Listing Updated: August 27, 2026 at 5:15:28 PM PDT
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