$17,000,000
For Sale

105 Fairway Dr

Miami Springs, FL 33166
Browse 55 photos
Type:Purchase
Structure:Hotel
Zone:Commercial

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.

  • Property Details
      • CountyMiami-Dade County
      • Property SubtypeHotel/Motel
      • MLS #A11658457
      • MLS #A11658457
      • Property TypePurchase
      • Cost17000000
      • Structure TypeHotel
      • Acres2.78
      • Year Built1999
      • Stories3

Location

Nirmala EmaniReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00