
$5,500,000 USD
Commercial for Sale, S Canal Dr, Homestead, Florida 33035
- MLS#A12007157
Listed By BHHS EWM Realty
The Commercial Property for Sale located at S Canal Dr, Homestead, Florida 33035 is currently for sale. S Canal Dr, Homestead, Florida 33035 is listed for $5,500,000.
Property features
Property
- Location: Subdivision
Lot/Land
- Land/Lot size:
24,649 m² (265,324 ft²)
Utilities
- Other utilities: Sewer Available Off Site
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
S Canal Dr, Homestead, Florida 33035