1053 Nw 29th Street Unit #Casa Flambo, Miami, FL 33127

$3,200,000

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List Price
$3,200,000
MLS#
B26055813
Status
ACTIVE
Type
Commercial

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

Additional Information

Days on Market
4
Tax Amount
$22,099
Water Access
Building Only, Business And Building
Parcel Number
01-31-26-036-1160
Lot Size
5,650
Directions
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
Address
1053 Nw 29th Street Unit #Casa Flambo, Miami
Year Built
2021

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