Home for Sale
$5,000,000
SW 396TH ST, Homestead FL 33035
ACREAGE NOT CLASSIFIED AG
Homestead, FL 33035 · MLS# A12007157 · Active · MIAMI LAND & DEVELOPMENT
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.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
Home for Sale
$5,000,000
ACREAGE NOT CLASSIFIED AG
Home for Sale
$3,750,000
ACREAGE NOT CLASSIFIED AG
Home for Sale
$5,500,000
Home for Sale
$6,250,000
MIAMI LAND & DEVELOPMENT
Home for Sale
$7,300,000
NARANJA TERRACE
S Canal Dr is a property for sale in Homestead, FL 33035. This property was listed for sale on April 23, 2026 by BHHS EWM Realty, it's currently listed at $5,500,000. This listing's school district is Miami-Dade County Public Schools.