Multifamily in 1053 NW 29th St Miami for sale with MLS# A11926162
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.
1053 NW 29th St, Miami, FL 33127
- Price:
- $2,420,000.00
- Previous Asking Price:
- $2,360,000.00
- Original List Price:
- $2,350,000.00
- Financial Data Source:
- Owner
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11926162
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- March 20, 2026 4:53 pm
- Built-Up Area:
- 7,653 Sqft
- Lot Area:
- 5,650 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Security:
- Security Gate, Security Lights
- Windows:
- Impact Glass, Impact glass, Impact Glass
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Electric
- Storm Protection:
- Complete Impact Glass
- Year Built:
- 2021
- Year Built Details:
- Resale
- Roof:
- Shingle, Built-up
- Number of Buildings:
- 1
- Number of Units Total:
- 5
- Construction Materials:
- Block, Brick
- Flooring:
- Concrete
- Structure Type:
- Apartment, Multifamily
- Stories:
- 3
- Road Frontage Type:
- City Street
- Tax Annual Amount:
- $22,098.00
- Tax Year:
- 2025
- Parking Total Spaces:
- 8
- Garage
- Covered Spaces:
- 0
- Parking Features:
- Garage, Assigned, Guest
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Disclosures:
- Foreign Seller
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Vacant
- Buyer Possession:
- Close Of Escrow
- Lease Considered:
- No
- Tax Legal Description:
- SANTA CLARA SUB PB 6-110 LOT 22 BLK 7 LOT SIZE 5650 SQ FT OR 21375-2456 0603 3 COC 22781-1360 10 2004 4
- Real Estate Folio Number (Parcel Number):
- 01-31-26-036-1160
- Zoning Description:
- 4801
- Title to the property is held by owner as:
- Corporation
- Originally published on:
- December 5, 2025 4:05 pm
- Active on the market since:
- December 5, 2025
- Price change occurred on:
- March 20, 2026 4:53 pm
- Listing Status Last Changed On:
- December 5, 2025 4:05 pm
- Photos updated on:
- December 5, 2025 9:23 pm
- Last Modified:
- March 20, 2026 8:54 pm
- Property Description:
- Five unit apartment building
- Flood Zone:
- X
- Municipal Code:
- 1
- Subdivision Number:
- 36
- Courtesy of:
- Get More Offers
- Attribution:
- Not provided
- Street Name:
- 29th St
- Street Number:
- 1053
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33127
- County:
- Miami-Dade
- Latitude:
- N25° 48' 13.6''
- Longitude:
- W81° 47' 15.2''
- Street Direction Prefix:
- NW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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