Homestead, FL 33035,South Canal Drive
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Homestead, FL 33035,South Canal Drive
Homestead, FL 33035,South Canal Drive
Homestead, FL 33035,South Canal Drive
Homestead, FL 33035,South Canal Drive

$1,900,000

Est. payment /mo

$1,950,000

2.6%
Est.Price: ?

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South Canal Drive Homestead, FL 33035

6 Acres Lot

SOLD DATE : 01/05/2024

Key Details

Sold Price $1,900,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Miami Land & Development

MLS Listing ID A11423324

Sold Date 01/05/24

HOA Y/N No

Annual Tax Amount $13,148

Tax Year 2022

Contingent Other

Lot Size 6.000 Acres

Acres 6.0

Lot Dimensions 650x374

Property Description

Once in a lifetime opportunity for a Developer! Administratively APPROVED to build 60 units (Independent Living) for a 55+ community in a prime neighborhood in Homestead, Florida. All due diligence has been performed and plans are in the works. This site has water, sewer, and electric onsite. Located in the beautiful Keys Gate Community. Surrounded by single family homes, this property is centrally located with close proximity to the Turnpike and US-1. Minutes away from the Keys Outlet Mall, Baptist Hospital, Publix and Homestead Miami Speedway. The potential income is $1.4M+ yearly (projected after build).

Location

State FL

County Miami-dade County

Community Miami Land & Development

Area 79

Exterior

Utilities Available Cable Available, Water Available

Building

Lot Description 5-10 Acres

Sewer Public Sewer

Water Public

Others

Tax ID 10-79-20-001-0055

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by Bravo & Partners Realty
Bought with Real Estate Craft, LLC.
agent

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

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