Search
Approved Senior Living Land
For Sale
$5,500,000

S Canal Dr, Homestead, FL 33035

Land, Homestead, FL

Property SizeContact for details
Lot Size6.09 Acres
Days on Market140

Property Features for S Canal Dr

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 2800
Subdivision MIAMI LAND & DEVELOPMENT
Lot features 5-10 Acres
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.
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
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

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public
Listing Agency: BHHS EWM Realty
Listed By: Maria Alexandra Silva · License #3593137
Added: Apr 29 Changed: Sep 2 Last Checked: Sep 15 at 3:06AM
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 6.091-acre commercial land parcel is positioned at the corner of S Canal Dr and SE 18 Ave in Homestead, with frontage along both roads. The site has administrative approval for an approximately 60-unit independent living community serving residents age 55 and older. A townhouse development concept is also identified as an alternative, providing flexibility in the proposed land plan.

Due diligence materials include a traffic impact study, near-complete permit-ready architectural, structural, civil, mechanical, electrical, and plumbing plan sets, plus a geotechnical report with soil borings, a permeability test, and foundation recommendations. Public water and public sewer serve the property, and cable is available. The parcel is near the Turnpike, US-1, retail, and hospitals.

Key Highlights

  • 6.091‑acre corner parcel with dual frontage at S Canal Dr and SE 18 Ave
  • Administrative approval for +/-60‑unit 55+ independent living community
  • Alternative townhouse development concept also identified

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 33035, FL

18,065
Population
6,711
Households
2.7
Avg Household Size
33
Median Age
28%
College-Educated
92%
High-School Grad
29.5 sq mi
ZIP Area
612
Density / Sq Mi
$67,601
Median Household Income
$37,785
Median Earnings
$1,855
Median Rent
$310,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Administratively approved for a 55+ independent living community with public water and sewer.
Where is this commercial land 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: 6.091‑acre corner parcel with dual frontage at S Canal Dr and SE 18 Ave; Administrative approval for +/-60‑unit 55+ independent living community; Alternative townhouse development concept also identified
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message