S Canal Dr, Homestead FL 33035 | Miami-Dade County | A12007157
- $5,500,000
- Commercial
- Sq Ft
- $5,500,000
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.
Property Overview
This property is listed at $5,500,000. The number of bedrooms, bathrooms, square footage, and year built are not specified in the provided data.
The property is located at S Canal Dr, Homestead FL 33035 in Miami-Dade County. The MLS number for this property is A12007157. Amenities for the property are not detailed in the provided data.
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Address
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Address: S Canal Dr
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City: Homestead
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State/county: Miami-Dade County
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Zip/Postal Code: 33035
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Area: MIAMI LAND & DEVELOPMENT
Details
Updated on June 30, 2026 at 4:39 am-
Property ID A12007157
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Price $5,500,000
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Land Area 6.091 Sq Ft
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Type Commercial
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Property Status Active, Commercial Land
Additional details
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Building MIAMI LAND & DEVELOPMENT
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Area Miami Land & Development
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Annual Tax 30620
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Subdivision MIAMI LAND & DEVELOPMENT
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Structure Type Commercial
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Tax Year 2026
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View None
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Flood Zone AH,X
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New Construction No
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Lot Size (Sq Ft) 265324
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