S Canal Dr

S Canal Dr, Homestead, FL 33035

$5,500,000

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.

6.09 Acres lot

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Thank you for your interest in S Canal Dr, Homestead, FL 33035. We are reviewing your request and will be in touch shortly!

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Features & Amenities

Area & Lot

Status For Sale
Lot Area6.09 Acres
MLS® IDA12007157
TypeLand
View DescriptionNone

Exterior

water SourceMunicipal Water
utilitiesCable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available
lot featuresCorner Location, Dirt, Rock Land, 5 To Less Than 10 Acre Lot
sewerPublic Sanitation

Financial

Sales Price$5,500,000
Real Estate Tax $30,620/yr
Zoning 2800

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S Canal Dr

$5,500,000

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Scott Shuffield

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