S Canal Dr, Homestead FL 33035, HOMESTEAD, FL, 33035
Active118 days on marketListed Apr 23, 2026MLS #A12007157
About this home
S Canal Dr, Homestead FL 33035
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.
Facts & features
The home at a glance
6.091 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$34,452 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$34,452/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
The numbers that matter
The Homestead market
$461K → $488K
Homestead median sold, yr/yr
98.9%
Sale-to-list ratio (12 mo)
Median sold price, Homestead, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1125% above the Homestead median. See the full Homestead market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kemarie Johnson
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about S Canal Dr — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for S Canal Dr — before you fall in love.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
S Canal Dr FAQs
What would the monthly payment be for S Canal Dr, Homestead FL 33035?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $34,452/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on S Canal Dr, Homestead FL 33035?+
The most recent tax bill on record (2026) was $30,620. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Homestead?+
At $5,500,000, this home is listed about 1125% above the Homestead median of $449,000. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Positioned at the premium end
$5,500,000 runs 1125% above the Homestead median.
02None views
The none view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
118 days on market against a Homestead median of 57 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of BHHS EWM Realty · Maria Alexandra Silva. MLS #A12007157.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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