S Canal Dr
Homestead, FL 33035
265,324Sqft(Lot)
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
Map
Map
Features
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Lot Information
Lot Dimensions: 688x385 Main Square Feet: 265324 Lot Size Acres: 6.091 Lot Size Square Feet: 265,324 Lot Description: FiveToTenAcresProperty Information
Subdivision: MIAMI LAND & DEVELOPMENT Source Property Type: Land Postal Code Plus 4: 0000 Zoning Description: 2800 Property SubType: Commercial
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Listing Price Information
Listing Price: $5500000Cash, Conventional
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Tax Information
Parcel Number: 10-79-20-001-0055 Tax Year: 2026 Annual Tax: $30620 Tax Legal Desc: 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
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Utility Information
CableAvailable, SewerAvailable, WaterAvailable -
Location Information
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. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 425XX+/- W Near Us-1, Homestead, FL, 33035 | $53,000 | -- | -- | -- | 108,928 Sqft(Lot) |
| Sw 376th St, Homestead, FL, 33035 | $3,750,000 | -- | -- | -- | 217,800 Sqft(Lot) |
| Sw 396th St, Homestead, FL, 33035 | $5,000,000 | -- | -- | -- | 435,600 Sqft(Lot) |
| 122 Ave Sw 332 St, Homestead, FL, 33035 | $859,000 | -- | -- | -- | 425,581 Sqft(Lot) |
| 122 Ave Sw 330 St, Homestead, FL, 33035 | $1,399,000 | -- | -- | -- | 425,581 Sqft(Lot) |
| Land, Homestead, FL, 33035 | $250,000 | -- | -- | -- | 217,800 Sqft(Lot) |
| Land, Homestead, FL, 33035 | $250,000 | -- | -- | -- | 217,800 Sqft(Lot) |
| UNINCORPORATED Unincorp.., Homestead, FL, 33035 | $90,000 | -- | -- | -- | 217,800 Sqft(Lot) |
| 000, Homestead, FL, 33035 | $500,000 | -- | -- | -- | 217,800 Sqft(Lot) |
| 344XX SW 117 Av, Homestead, FL, 33035 | $250,000 | -- | -- | -- | 108,900 Sqft(Lot) |
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ByOwner last updated this listing 06/09/2026 @ 17:19
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