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105 Fairway Dr, Miami Springs FL 33166

Commercial For Sale
$17,000,000

BTC: 195.40232131

ETH: 5,513.19762219

62 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

105 Fairway Drive in Miami Springs, FL, is a prime investment opportunity for hospitality or full-service investors, located across the street from MIA, Miami International Airport in the #305. This 42,172 SF property, built in 1999 and renovated in 2018 and additional updates in 2023, includes 118 units with the potential to add an additional 100–200 more, That's up to 318 KEYS. Located in the Airport District & zoned for Hotel/Motel use, it offers strong development potential with a 1.0 FAR and a max height of 70 feet (five stories). With 99 parking spaces (29 more than required), the property is ready for expansion. Investors can build up to 199,938 SF of unused units, maximizing the site’s value. Its strategic location and infrastructure make it an ideal asset in a booming market.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1999
Lot:
2.78 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 2.78 Acres

    Other Property Information

    • Parcel Number: 05-31-19-025-0030

    • Zoning: 3702

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $173,180

  • Source details

    • MLS ID: A11658457

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Keyes Company