DEVELOPMENT ADVANTAGE
A rare, de-risked development opportunity. The property includes a comprehensive due diligence package: traffic impact study, near permit-ready plans (architectural, structural, civil & MEP), and full geotechnical analysis with foundation recommendations—significantly accelerating timeline to construction.
KEY HIGHLIGHTS
- 6.09-acre corner parcel with dual frontage
- Administratively approved ±60-unit 55+ community
- Townhouse development alternative available
- Near US-1 & Florida Turnpike
- Close to hospitals, retail & major employment hubs
- Strong projected income potential
LOCATION
Strategically positioned at S Canal Dr & SE 18th Ave in Homestead, offering excellent connectivity, visibility, and access to key infrastructure, making it ideal for residential development.
DEVELOPMENT OPTIONS
- Option 1: ±60-unit 55+ independent living community (approved)
- Option 2: Townhouse development with flexible density and layout