Investment Overview
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.
Investment Highlights
- 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