Miami, FL 33127,1053 NW 29th St
Miami, FL 33127,1053 NW 29th St
Miami, FL 33127,1053 NW 29th St
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$2,350,000
Est. payment /mo
7,653 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,653 sqft

Price per Sqft $307

MLS Listing ID A11926162

HOA Y/N No

Year Built 2021

Annual Tax Amount $22,098

Tax Year 2025

Lot Size 5,650 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State FL

County Miami-dade

Area 31

Direction From 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

Interior

Heating Central, Electric

Cooling Central Air

Flooring Concrete

Window Features Impact Glass

Exterior

Roof Type Built-Up,Shingle

Total Parking Spaces 8

Garage Yes

Private Pool Yes

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick,Block

Others

Tax ID 01-31-26-036-1160

Ownership Corporation

Security Features Security Gate,Security Lights

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11926162


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Get More Offers
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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1053 NW 29th St