ActiveMLS# 11584123196 days on market
$5,500,000
S Canal Dr
Homestead, FL, 33035
0Bedrooms
0Bathrooms
—Sq Ft
—Year Built
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About This Property

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.

Key Features

  • 265,324 SquareFeet Lot

Property Details

  • Type: Land
  • Lot Size: 6.09 Acres
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: 265,324 SquareFeet Lot
  • Status: Active
  • MLS Number: 1158412319
  • Days on Market: 6
  • Listed By: MLS Listing
  • Zip Code: 33035
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$5,500,000S Canal Dr, Homestead, FL
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