105 Fairway Dr ,Hotel, Hotel Non-waterfront for Sale

105 Fairway Dr for Sale

Price $17,000,000.00

• Lot size 121055
• Year Build 1999
• Waterfront
• Zip 33166
• Style
• Parking Description
• Pool Yes
• Status Active

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.

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

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.

City:Miami Springs,Zoning:3702,List A O R:A-Miami Association of REALTORS,Stories:3,Latitude:25.8086672,List Price:17000000,Listing Id:A11658457,Longitude:-80.2841141,Mls Status:Active,Year Built:1999,Postal Code:33166,Street Name:Fairway Dr,Coordinates:1:25.8086672,Photos Count:55,Building Name:Sleep Inn Miami Airport,Days On Market:14,Lot Size Acres:2.78,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2024-09-12,Parcel Number:05-31-19-025-0030,Property Type:Commercial Sale,Stories Total:3,Street Number:105,Public Remarks: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.,County Or Parish:Miami-Dade County,List Office Name:The Keyes Company,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5843,Property Sub Type:Hotel/Motel,State Or Province:FL,Tax Annual Amount:173180,Unparsed Address:105 Fairway Dr, Miami Springs FL 33166,Listing Agreement:Exclusive Right To Sell,Building Area Total:42172,Building Area Units:Square Feet,Lot Size Square Feet:121055,Number Of Buildings:1,Original List Price:17000000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-09-12,Originating System I D:miamire,Public Survey Section:19,Street Number Numeric:105,Tax Legal Description: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,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:- 42,172 SF building - 118 units - Zoned Hotel/Motel - Prime location adjacent to MIA - Strong potential for high ROI,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-09-12,Internet Address Display Y N:1,Number Of Units In Community:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,