AlexanderFranqui, PA
LOT SIZE 6.091 acres
MLS#A12007157
STATUSActive
PROPERTY TYPELand - Commercial
SUBDIVISIONMIAMI LAND DEVELOPMENT
Property 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.
Property Features
Property Type: Land - Commercial
Lot Size: 6.09 Acres
Taxes: $30,620
Feature Descriptions
Crops Included Y/N: No
Days on Site: 1
Directions: From Floridas 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.
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional
Lot: Corner Location, Dirt, Rock Land,5 To Less Than 10 Acre Lot
Lot Dimensions: 688x385
Ownership: Corporation
Parcel#: 10-79-20-001-0055
Property Attached Y/N: No
Property Sub-Type: Commercial
Sewer: Public Sanitation
Special View Info: None
Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available
Water: Municipal Water
Listed By / Shown By
Listed By
Agency Name: BHHS EWM Realty
Agency Phone: 305-960-2400
Shown By
Agent Name: Alexander Franqui, PA
Agent Phone: Cell: (910) 431-2553
Agency Title: Realty 100
Estimate Your Payment
Estimated Payment
$ 16,396.45 per month $12,240.62 Principal & Interest $2,551.67 Property Tax $1,604.17 Homeowner's InsuranceChange Payment Information
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S Canal Dr | MLS# A12007157
This land located at S Canal Dr , Homestead, FL 33035 is currently listed for sale with an asking price of $5,500,000. The property has approximately 6.09 Acres. Search Homestead real estate on afranqui.realty100.com today.