Once in a lifetime development opportunity in Homestead.


Property

Website:https://www.nestseekers.com/5434108
Address:
Homestead, FL 33035
Ownership: Corporation
Type: Commercial
Lot Size: 6.1 Acres

Financials

Price:$5,500,000
Annual Taxes:$30,620

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.

Amenities

  • CableAvailable
  • FiveToTenAcres
  • SewerAvailable
  • WaterAvailable

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of BHHS EWM Realty