Commercial Land for Sale in Miami Springs, Florida
105 Fairway Dr Miami Springs, FL 33166
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
- Street Address
- 105 Fairway Dr
- County
- Miami-Dade County
- Elevation
- 7 feet
Property details
- MLS Number
- MAOR A11658457
- Date Posted
Property taxes
- Recent
- $173,180
Parcels
- 05-31-19-025-0030
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
Resources
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Hotel-Motel
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Dec 10, 2024 | Relisted | $17,000,000 | — | MAOR |
Dec 4, 2024 | Listing removed | $17,000,000 | — | — |
Sept 14, 2024 | New listing | $17,000,000 | — | MAOR |