Miami, FL 33127,1053 NW 29th St
Miami, FL 33127,1053 NW 29th St
Miami, FL 33127,1053 NW 29th St
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


$ 2,350,000
Est. payment | /mo

7,653 SqFt

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

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Get More Offers

Learn More About LPT Realty

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1053 NW 29th St