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Active - Other for sale

S Canal Dr, Homestead FL 33035

Facts & features

Other Property type
205 days on Beycome
265,324 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of BHHS EWM Realty.

Listed by: Maria Alexandra Silva • 305-793-9747 • BHHS EWM Realty

Co-listed by: BHHS EWM Realty

Source: Miami MLS, MLS#: A12007157 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$3,575,000$7,425,000
1%20%
0%90%
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Estimated monthly payment

$30,363/mo

  • Mortgage$27,811
  • Property tax$2,552
  • HOA fee
  • Homeowners insurance
Due at closing$4,372,500
Down payment held in escrow$1,100,000
Closing costs$82,500
beycome credit Est.$110,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$110,000 Credit back

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About Miami Land & Development

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Flood & climate risk

FEMA Flood Zone AH

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 6 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$5,500,000 Listed price

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$110,000 Credit back

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