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Commercial Land for Sale in Homestead, Florida

S Canal Dr, Homestead, FL 33035

$5,500,000
6 acres
Active sale
ago
Est $39,628/mo

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

Street address
S Canal Dr
Community
Miami Land & Development
Elevation
1 feet
Coordinates
25.4587, -80.4502

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.

Property details

Acreage
6.091 acres
MLS #
MAOR A12007157
Posted

Property taxes

2026
$30,620

Parcels

  • 10-79-20-001-0055

Legal description

Resources

Details and features

Listing

Type
Commercial Sale

Structure

Water
Public

Listing history

DateEventPriceChangeSource
Apr 27, 2026New listing$5,500,000MAOR
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This 6.091-acre property is located at S Canal Dr in Homestead, FL 33035. The property is available for sale for $5,500,000 with a price per acre of $902,972.

Checked 2 hours ago — Updated

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Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Maria Alexandra Silva
Berkshire Hathaway HomeServices EWM Realty
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