Homestead, FL 33035 S Canal Dr
$5,500,000
14 more
Presented By: This listing is courtesy of BHHS EWM Realty
Home Details
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.
Presented By: This listing is courtesy of BHHS EWM Realty
Interior Features for S Canal Dr
Bathrooms
Total Baths
General for S Canal Dr
CityHomestead
CountyMiami-Dade
DirectionsFrom 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.
Legal Description20 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 DE
Listing TermsCash, Conventional
Lot Size Square Feet265324
Lot Size UnitsSquare Feet
MLS Area79
OwnershipCorporation
PossessionNegotiable
PostalCityHomestead
Property Sub Type AdditionalCommercial
Property SubtypeCommercial
Property TypeLand
RestrictionsNo Deed Restrictions
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameMIAMI LAND & DEVELOPMENT
Tax Annual Amount30620
Tax Year2026
UtilitiesCable Available, Sewer Available, Water Available
Virtual TourClick here
Zoning Description2800
Exterior for S Canal Dr
Covered Spaces
Lot Dimensions688x385
Lot Features5-10 Acres
Lot Size Acres6.091
Lot Size Area265324
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Jose Antonio Alonso
Realtor®
