S Canal Dr, Homestead, FL 33035
S Canal Dr, Homestead, FL 33035
S Canal Dr, Homestead, FL 33035
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German Paez

German Paez

+1(786) 380-6565
$5,500,000
Est. payment /mo
6.09 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Miami Land & Development

MLS Listing ID A12007157

HOA Y/N No

Annual Tax Amount $30,620

Tax Year 2026

Lot Size 6.091 Acres

Acres 6.091

Lot Dimensions 688x385

Property Sub-Type Commercial

Property 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.

Location

State FL

County Miami-dade

Community Miami Land & Development

Area 79

Direction From Florida's Turnpike, take Exit 2 (E Palm Dr/US-1), head south on US-1, turn west onto SW 312 St (Campbell Dr), continue to S Canal Dr, then south to SE 18th Ave. Property at SE corner of S Canal Dr & SE 18th Ave, Homestead.

Exterior

Utilities Available Cable Available, Sewer Available, Water Available

Street Surface Paved

Private Pool Yes

Building

Lot Description 5-10 Acres

Sewer Public Sewer

Water Public

Others

Restrictions No Deed Restrictions

Tax ID 10-79-20-001-0055

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12007157

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by BHHS EWM Realty

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German Paez

German Paez

+1(786) 380-6565

Realtor | License ID: SL3567453

Realtor License ID: SL3567453

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S Canal Dr