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S Canal Dr Homestead, FL $ 5,500,000
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S Canal Dr
$ 5,500,000
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S Canal Dr

Homestead, FL, 33035
$ 5,500,000
Baths0.0

Monthly Estimate*

$ 33,864

S Canal Dr, Homestead, FL 33035 - Image 1
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Studio

Lots and Land for sale in Homestead, FL

for $5,500,000. The lot size is 6.091.

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.

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Lots and Land Active

Price

$ 5,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 30,620

Style

Lot Size

6.091

Town/City

Homestead

County/Region

Miami-Dade

MLS | Web ID

A12007157
Features
General
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.propertypanorama.com/instaview/mia/A12007157
Standard Status Active
Property Sub Type Additional Commercial
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
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Interior
Total Baths 0
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Exterior
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
Covered Spaces 0
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Bhhs Ewm Realty

Broker

alexandra.silva23@gmail.com

Email

Affordability Calculator

$36,416
Per Month
93%
7%
0%
Monthly Principal & Interest
$33,864
Monthly Property Taxes
$2,552
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/24/2026$5,500,000 Listed Price

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S Canal Dr, Homestead, FL, 33035 is a Lots and Land for sale at $5,500,000 with a lot size of 6.091. S Canal Dr is a studio with 0.0 baths. The property's zip code is 33035 which is in Homestead, FL

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