105 Fairway Dr, Miami Springs FL 33166,Miami Springs,Miami-Dade County,Commercial Sale

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Commercial Sale Active

105 Fairway Dr, Miami Springs FL 33166

$17,000,000

Overview

Hotel/Motel
Property Type

1999
Year Built

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.

Address

Open on Google Maps

Address Fairway Dr
City Miami Springs
State/county Miami-Dade County
Zip/Postal Code 33166

Details

Updated on September 26, 2024 at 6:17 am

Property ID: A11658457
Price: $17,000,000
Land Area: 2.78 Square Feet
Year Built: 1999
Property Type: Hotel/Motel
Property Status: Commercial Sale

Additional details

PublicSurveyRange: 31
ListAgentKey: 30c2cf8181eb2b94e33518d63aff1888
TaxLegalDescription: FAIRWAY INC PROPERTIES PB 151-80 T-19470 TR C LOT SIZE 121055 SQ FT M/L FAU 05-3119-010-4740 013-4610 & 4620 & 05-3119-019-0010 & 0100 OR 23
OnMarketDate: 2024-09-12
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-09-12
MajorChangeTimestamp: 2024-09-13T21:43:15.020Z
PhotosCount: 55
StatusChangeTimestamp: 2024-09-13T21:43:15.020Z
BuildingName: Sleep Inn Miami Airport
PriceChangeTimestamp: 2024-09-12T20:14:06.847Z
ListingKeyNumeric: 400839964
MajorChangeType: New
ListingContractDate: 2024-09-12
Zoning: 3702
ListAOR: A-Miami Association of REALTORS
TaxAnnualAmount: 173180
ListOfficeName: The Keyes Company
CurrentUse: Hotel Non-Waterfront
OriginatingSystemKey: miamire
BusinessType: Hotel/Motel
PhotosChangeTimestamp: 2024-09-26T03:55:40.062Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 305-371-3592
MlsStatus: Active
StreetNumber: 105
ListingKey: 33b7e32e325441b142f5c01023dacbc0
StateOrProvince: FL
ListOfficeKey: 5f19f5aa2eb0fe75532fa117d87cea03
BridgeModificationTimestamp: 2024-09-26T05:02:32.914Z
ListAgentFullName: Rory Day
ListAgentOfficePhone: 305-371-3592
Stories: 3
ParcelNumber: 05-31-19-025-0030
OtherExpense: 0
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3530589
StoriesTotal: 3
ModificationTimestamp: 2024-09-26T03:54:00.897Z
OriginatingSystemID: miamire
DaysOnMarket: 14
ListOfficeMlsId: KEYE01
ListAgentDirectPhone: 917-543-1929
StreetNumberNumeric: 105
PostalCodePlus4: 5843
NumberOfUnitsInCommunity: 1
SyndicationRemarks: 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.
StructureType: Hotel
ListAgentStateLicense: 3530589
PublicSurveyTownship: 31
StreetName: Fairway Dr
ListOfficeFax: 305-379-5864
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 19
SpecialListingConditions: Sale
NumberOfBuildings: 1
OriginalListPrice: 17000000
BuildingAreaUnits: Square Feet
InternetEntireListingDisplayYN: 1
OriginalEntryTimestamp: 2024-09-13T21:43:15.020Z
SourceSystemKey: 400839964
LotSizeSquareFeet: 121055
BuildingAreaTotal: 42172