$3,200,000Active

1053 NW 29th Street Casa Flambo, Miami, FL 33127

Miami, FL 33127

Sq Ft

2021

Year Built

0.13 acres

Lot Size

Listing Snapshot

List Price	$3,200,000
Beds	0
Baths	0
Living Area	0 sqft
Lot Size	0.13 acres

Year Built	2021
Property Tax	$22,099/yr
MLS #	1177998346
Status	Active

About This Home

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

General Features

Property Type: CommercialSale
Sub-type: MultiFamily
Stories: 3
Parking Spaces: 8
Parking: Assigned,Covered,Guest
Foundation: PillarPostPier
Zoning: 4801
Security: SecurityGate,SmokeDetectors,SecurityLights
Utilities: CableConnected,ElectricityConnected,SewerConnected,WaterConnected