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South Canal Drive Homestead, FL 33035
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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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Bought with Real Estate Craft, LLC.