105 Fairway Dr, Miami Springs FL, 33166

Active

105 Fairway Dr

Miami Springs FL, 33166

$17,000,000

$403.11 per sqft

Active

42,172 sqft

Commercial

Built in 1999

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.

A11658457

MLSⓇ ID

September 12, 2024

Listed

September 27, 2024

Updated

Map

105 Fairway Dr
Miami Springs FL, 33166

Interior Features

Total Stories: 3
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 2.78 Acres

Other Property Details

Taxes: $173,180
Tax Frequency: Annually
Days on Market: 14
Garage: No
View: No
County: Miami-Dade County
Pool: No
Zoning: 3702

Listed by: The Keyes Company
Listing Contact: 917-543-1929

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 8:03 PM UTC, 9/27/2024.