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.

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on June 25, 2026

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More Info

Basic Information

List Price$5,500,000
MIAMIA12007157
MlsStatusActive
PublicSurveyRange79
Virtual TourView Tour

Utilities

SewerPublic Sewer
UtilitiesCable Available, Sewer Available, Water Available
Water SourcePublic

Tax Information

Tax Year2026
Taxes$30,620

Location

Area79
CountyMiami-Dade
Road Surface TypePaved
SubdivisionMiami Land & Development
Zip33035

Basic Information

Property SubTypeCommercial
Property TypeLand
StatusActive

Property

Acreage6.09
Lot DescriptionFiveToTenAcres
Lot Size Area265,324
Lot Size Square Feet265,324
Zoning2800

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Grier Allen

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