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$5,500,000

S Canal Dr, Homestead FL 33035

Homestead, FL 33035

Homestead

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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.

Property Details

Property Type Commercial Land
Status Active
Lot Size 265,324 sq ft
Days on Market 44
MLS # e479dca1e1facdf311dc7a5a513ab1b5