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

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

Property Details

Flooring

Concrete, Terrazzo, Tile

Heating

Central, Electric, Radiant

Cooling

Central Building A/C

Parking Features

Assigned, Awning, Covered, Guest

Building & Association

Stories

3

Stories Total

3

Association

No

Association Amenities

Exterior Lighting

Security Features

Smoke Alarm, Smoke Detector(s), Smoke Detector, Complex Fenced, Security Gate, Security Lights

Lot & Construction

Lot Features

City Location, Other Location, Less Than 1/4 Acre Lot, Less Than 1 Acre, Fenced

Lot Size Square Feet

5,650

Waterfront

No

View

No

Construction Materials

Concrete Block Construction, Brick, Concrete Block With Brick

Roof

Comp Shingle Roof, Built-Up, Shingle

Exterior Features

Balcony, Lighting

New Construction

No

Public Records

Parcel Number

01-31-26-036-1160

Tax Annual Amount

$22,099

Tax Year

2,025

Zoning

4801

County Or Parish

Miami-Dade County

Location