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.
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Homestead
- Zipcode:
- 33035
- Street:
- S Canal Dr, Homestead, Florida 33035
- Longitude:
- W81° 33' 34.9''
- Latitude:
- N25° 27' 38.7''
- Cumulative DOM:
- 6
- DOM:
- 6
- 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.
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- LotSize Dimensions:
- 688x385
- Parcel Number:
- 10-79-20-001-0055
- Subdivision Name:
- MIAMI LAND & DEVELOPMENT
- Tax Annual Amount:
- $30,620
- Tax Year:
- 2026
- Utilities
- Virtual Tour:
- Click Here
Land For Sale
S Canal Dr, Homestead, Florida 33035, Homestead, Florida 33035
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $5,500,000
- Lot Area :
- 265,324 Sqft
- MLS # :
- A12007157
- Property Sub Type :
- Commercial
