Miami, FL 33127 1053 NW 29th St
$2,420,000



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Home Details
Designed and built in 2021 as a multifamily short- and long-term rental property, Casa Flambo is a boutique 5 apartments community centered around a tropical patio inspired by Latin American architecture. The property includes secured indoor parking for 8 cars plus abundant free street parking. Held under an LLC, it carries a City of Miami Apartment Hotel license for short term rentals and is active on Airbnb and LTR platforms. Located in a Qualified Opportunity Zone amid rapid development, it offers major tax advantages, including the potential for ZERO federal capital-gains tax - an exceptional edge in today’s high-rate, inflationary market, where tangible assets like Casa Flambo provide steady, reliable income amid the volatility and uncertainty of traditional financial investments.
Presented By: This listing is courtesy of Get More Offers
Interior Features for 1053 NW 29th St
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringConcrete
Heating Y/NYes
Window FeaturesImpact Glass
General for 1053 NW 29th St
CityMiami
Construction MaterialsBrick, Block
CoolingCentral Air
CountyMiami-Dade
DirectionsFrom Miami Airport, take Hwy 112 east, exit at NW 27th Ave, go north, then turn left on NW 29th St; Casa Flambo is a quick 7–8 minutes from the airport off-peak. It’s also just blocks from the rapidly developing Wynwood district
DisclosuresForeign Seller
Full Baths
Garage Y/NYes
HeatingCentral, Electric
Legal DescriptionSANTA CLARA SUB PB 6-110 LOT 22 BLK 7 LOT SIZE 5650 SQ FT OR 21375-2456 0603 3 COC 22781-1360 10 2004 4
Listing TermsCash, Conventional
Lot Size Square Feet5650
Lot Size UnitsSquare Feet
MLS Area31
Number Of Units Total5
Occupancy TypeVacant
OwnershipCorporation
PossessionClose Of Escrow
PostalCityMiami
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
RoofBuilt-Up, Shingle
Security FeaturesSecurity Gate, Security Lights
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count3
Structure TypeApartment, Multi Family
Tax Annual Amount22098
Tax Year2025
Virtual TourClick here
Year Built2021
Year Built DetailsResale
Zoning Description4801
Exterior for 1053 NW 29th St
Building Area Total7653
Covered Spaces
Lot Size Area5650
Number of Buildings1
Parking FeaturesAssigned, Garage, Guest
Road Frontage TypeCity Street
Total Parking8
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Janna Itriago
Realtor®
SQFT • 7,653