Homestead, FL

South Canal Drive, Homestead FL 33035

$2,290,000

Key Details

Status
Active
Property Type
Commercial Land

Overview

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).

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