S Canal Dr For Sale
Property Details
| Asking Price | $5,500,000 |
|---|---|
| Price per SqFt | — |
| Maintenance Fee | Inquire |
| Property Taxes | $30,620 2026 |
| Interior Space | — |
| Beds/Baths | —/— |
| MLS # | A12007157 |
Location
From the listing
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.
Listed by BHHS EWM Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $30,620 for 2026. MLS figures, which may not be accurate.
Sales History for This Home · S Canal Dr
Sales history is unavailable for this property
Listed by BHHS EWM Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Homestead and throughout South Florida.
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S Canal Dr, Homestead · MLS A12007157 · $5,500,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.