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.
Details
| MLS # | A12007157 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 141 |
| Listing Provided By | BHHS EWM Realty | Maria Alexandra Silva |
Features
| Zoning | 2800 |
|---|---|
| Acreage | 6.09 |
Exterior
| Lot Features | Five To Ten Acres |
|---|
Taxes
| Tax Annual Amount | 30620 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Homestead |
| Zip Code | 33035 |
| Area | 79 |
| Community Name | MIAMI LAND & DEVELOPMENT |
| Listing VS Median (in MIAMI LAND & DEVELOPMENT) | |
Price: $5,500,000 low | high Med: $2,500 On site: 141 low | high Med: 85 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Homestead |
| Zip Code | 33035 |
| Area | 79 |
| Community Name | MIAMI LAND & DEVELOPMENT |
| Listing VS Median (in MIAMI LAND & DEVELOPMENT) | |
Price: $5,500,000 low | high Med: $2,500 On site: 141 low | high Med: 85 | |