1053 NW 29th St
$2,350,000
1053 NW 29th St, Miami, FL 33127
7,653 sqft
Building Size
5
Units
Details:
Highlights:
- Lot Features: Other Location
- Building Features: Balconies, Exterior Lighting, Laundry Facilities, Private Restrooms
- Number Of Buildings: 1
- Cooling: Central Building A/C
- Heating: Central Electric
- Flooring: Concrete
- Construction Materials: Concrete Block With Brick
- Parking Features: Assigned, Garage, Guest
- Security Features: Security Gate, Security Lights
- Ownership: Corporation
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
Gallery
