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Multi Family

1053 NW 29th Street, Miami FL 33127

$3,200,000
Tax: $22,099/yr
Lot Size
5,650 sqft

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

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Property Features

Multi Family Hotel/Motel, Multi Family
All Cash, Conventional
Concrete, Terrazzo, Tile
Central Building A/C
Central, Electric, Radiant
Exterior Lighting
Miami-Dade County 25.8036923, -80.2124669

More about this Property

Balcony Lighting
Assigned Awning Covered Guest
Smoke Alarm Smoke Detector(s) Smoke Detector Complex Fenced Security Gate Security Lights
Concrete Block Construction Brick Concrete Block With Brick

Roof: Comp Shingle Roof, Built-Up, Shingle

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

The Visual Story

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