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Listing courtesy of BHHS EWM Realty
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Type
Listing courtesy of
BHHS EWM Realty
Maria Alexandra Silva
MLS® #A12007157
Listing information last updated April 29, 2026
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Overview
This commercial in Florida City is listed for sale at $5,500,000.
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.
Listing history
Listed for sale
Apr 23, 2026 · MIAMI MLS
$5,500,000
Days on market
as of today
89 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2026)
$30,620
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A12007157
Price$5,500,000
TypeCommercial
StatusFor Sale
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 89 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.