S Canal Dr, Homestead, FL 33035

Homestead
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
S Canal Dr,Homestead, FL 33035
$5,500,000
  • 6.09 Acres
  • Lots / Land
  • Active
Listed by: maria alexandra silva, raymar rodriguez
Office: bhhs ewm realty305-960-2400
MLS#:A12007157
Source:SEFMLS

Price summary

  • Price:$5,500,000

About this home

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.

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Home facts

  • Listing ID #:A12007157
  • Updated:June 09, 2026 at 09:57 AM

Structure and exterior

  • Lot area:6.09 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$5,500,000
  • Tax amount:$30,620 (2026)
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