Address
S Canal Dr, Homestead, FL
Price
$ 5,500,000
Property Attributes
- MLS#A12007157
- TypeLand
- Listing Status Active
- CountyMiami-Dade
- CityHomestead
- Area79
- NeighborhoodMIAMI LAND & DEVELOPMENT
- Zip33035
- Style
- Taxes$ 30620
- Price$ 5,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6.091 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
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.
| Price History | |
|---|---|
| 4/24/2026 | Listed $5,500,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Available,Sewer Available,Water Available |
| Possession | Negotiable |
| Restrictions | No Deed Restrictions |
| Property Subtype | Commercial |
| Tax Year | 2026 |
| Ownership | Corporation |
| County | Miami-Dade |
| Property Type | Land |
| Subdivision Name | MIAMI LAND & DEVELOPMENT |
| Status | Active |
| Directions | 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. |
| City | Homestead |
| Zoning Description | 2800 |
| MLS Area | 79 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 265324 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 30620 |
| Virtual Tour | https://www.youtube.com/watch?v=WCAGY1YQux4 |
| Standard Status | Active |
| Property Sub Type Additional | Commercial |
| PostalCity | Homestead |
| Legal Description | 20 57 39 6.091 AC M/L MIAMI LAND & DEV COS SUB PB 5-10 PORTS OF TRS 5-7-8 & 10 OF PB 5-10 & A PORT OF DEDICATED R/W AS DESC OR 12432-1108 DE |
Exterior Features
| Lot Features | 5-10 Acres |
|---|---|
| Water Source | Public |
| Lot Size Area | 265324 |
| Lot Dimensions | 688x385 |
| Lot Size Acres | 6.091 |
| Road Surface Type | Paved |
| Waterfront Y/N | false |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 33035
Price
Taxes
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Data Last Updated: September 26, 2026 4:31 PM UTC
Palm Beach Board of Realtors MLS® (PBBORMLS) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
