South Canal Drive

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Address: S Canal Dr, Homestead, FL 33035, USA
Florida & Gulf Coast + Land/Development
Created date: May 21, 2026
Date last updated: July 28, 2026
Price: $5,500,000Investment Analyzer NEW!
  • 6.09-acre corner development site
  • Homestead, South Miami-Dade location
  • Dual frontage and strong visibility
  • Approved for 60-unit 55+ community
  • Townhome development alternative
  • Near permit-ready full plan set
  • Civil, structural, MEP included
  • Traffic & geotechnical studies completed
  • Significant entitlement risk reduction
  • Excellent access to US-1 & Turnpike
  • High-growth residential corridor
  • Full design flexibility available

Property Description

Exceptional 6.09-acre corner development site located at S Canal Dr & SE 18th Ave in Homestead, Florida. The property offers dual frontage, strong visibility, and excellent access to US-1 and Florida’s Turnpike, within a rapidly growing South Miami-Dade residential corridor. Administratively approved for approximately 60 units of a 55+ independent living community, with an alternative townhouse development option providing flexibility in design, density, and market positioning. A full pre-development package has been completed, including near permit-ready architectural, civil, structural, and MEP plans, along with traffic and geotechnical studies, significantly reducing entitlement risk and accelerating development timelines. The site is unimproved and offers full design flexibility for developers seeking a well-positioned, ready-to-advance residential project in a high-growth area. Buyer to verify all approvals and entitlements with the City of Homestead and Miami-Dade County.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $5,500,000
Lot Size: 6.09 Acres
Opportunity Zone: No
Property Website Click Here
Address: South Canal Drive, Homestead, FL 33035, USA
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