Miami Springs, FL 33166,105 Fairway Dr
Miami Springs, FL 33166,105 Fairway Dr
Miami Springs, FL 33166,105 Fairway Dr
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$17,000,000
Est. payment /mo
42,172 SqFt

UPDATED:

09/30/2024 08:11 PM

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 42,172 sqft

Price per Sqft $403

MLS Listing ID A11658457

HOA Y/N No

Year Built 1999

Annual Tax Amount $173,180

Lot Size 2.780 Acres

Acres 2.78

Property Description

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

State FL

County Miami-dade

Area 31

Building

Story 3

Others

Tax ID 05-31-19-025-0030


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Listed by The Keyes Company

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105 Fairway Dr

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"Our goal is to leave you with a purchase or sale experience that is unsurpassed. We realize that buying a home is one of her clients biggest financial decisions and guiding you along that journey is a responsibility we take very seriously. Whether you seek the picturesque suburban enclaves of West Broward or the breathtaking intracoastal views of Fort Lauderdale, we have the market know-how to pinpoint the next best property that perfectly aligns with your lifestyle. "

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