Development-Approved Senior Living
S Canal Dr Homestead, FL 33035
For Sale
$5,500,000
COMMERCIAL - Homestead, FL
Lot Size6.09 Acres
Days on Market91
Property Features for S Canal Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
10-79-20-001-0055
Lot size
6.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax 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
Tax Annual Amount
30620
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
BHHS EWM Realty
(305) 960-2400
Listed By:
Maria Alexandra Silva · License #3593137
(305) 793-9747
Added: Apr 29
Changed: Jun 30
Last Checked: Jul 28 at 2:06PM
MLS# A12007157
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.
Investment Insights
Based on property information with market context.
This is a 6.091-acre corner development site in Homestead, Florida, administratively approved for an approximately 60-unit 55+ independent living community. The property includes near-complete permit-ready plan sets covering architectural, structural, civil, mechanical, electrical, and plumbing scopes, along with a traffic impact study to support the approval process. A geotechnical report has also been completed, including soil borings, a permeability test, and foundation recommendations.
The parcel offers dual frontage on S Canal Dr and SE 18 Ave and is positioned near major regional routes, including the Turnpike and US-1, plus retail, hospital, and broader area amenities referenced in the materials.
For developers and operators, the primary value here is the engineering and documentation already assembled to reduce early-stage risk and streamline timelines. The approval is tied to a 55+ concept, with additional flexibility noted in the materials for a townhouse development approach that may allow density optimization within the administratively approved framework. This offering is designed for parties who want a planned, engineered senior living development without starting from scratch on the technical work.
The parcel offers dual frontage on S Canal Dr and SE 18 Ave and is positioned near major regional routes, including the Turnpike and US-1, plus retail, hospital, and broader area amenities referenced in the materials.
For developers and operators, the primary value here is the engineering and documentation already assembled to reduce early-stage risk and streamline timelines. The approval is tied to a 55+ concept, with additional flexibility noted in the materials for a townhouse development approach that may allow density optimization within the administratively approved framework. This offering is designed for parties who want a planned, engineered senior living development without starting from scratch on the technical work.
Key Highlights
- 6.09‑acre corner parcel with dual frontage at S Canal Dr & SE 18 Ave in Homestead
- Administratively approved for +/-60‑unit 55+ independent living community
- Includes near‑complete, permit‑ready plan sets: architectural, structural, civil, mechanical, electrical & plumbing
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Administratively approved for a 55+ independent living community with extensive permit-ready and geotechnical due diligence.
Where is this residential land & home lot located?
The property is located at S Canal Dr Homestead, FL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 6.09‑acre corner parcel with dual frontage at S Canal Dr & SE 18 Ave in Homestead; Administratively approved for +/-60‑unit 55+ independent living community; Includes near‑complete, permit‑ready plan sets: architectural, structural, civil, mechanical, electrical & plumbing
