S Canal Dr, Homestead FL 33035 — #A12007157
- $5.5M
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.
This listing is courtesy of BHHS EWM Realty
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Overview
- Commercial
- sqft
- A12007157
Details
Updated on October 30, 2026 at 2:25 pm-
Property ID A12007157
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Price $5.5M
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Type Commercial
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Property Status For Sale
Address
Open on Google Maps-
Address: S Canal Dr
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City: Homestead
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State/county: Florida
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Zip/Postal Code: 33035
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Area: MIAMI LAND & DEVELOPMENT
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Country: United States
