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
Listing last checked: Listing updated:
Listed by Keith R Gordon · GetMoreOffers · MLS #B26055813
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior3 property facts
- Heating
- Central, Electric, Radiant
- Cooling
- Central Air
- Flooring
- Concrete, Terrazzo, Tile
Building5 property facts
- Style
- Multi Family
- Year built
- 2021
- Parking
- 8
- Foundation
- Pillar/Post/Pier
- Roof
- Built-Up, Shingle
Land & utilities4 property facts
- Lot size
- 0.13 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- 4801
Financial2 property facts
- Annual taxes
- $22,099
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $3,200,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$18,023 / monthAdjust
- Principal & interest
- $16,181
- Property tax
- $1,842
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $22,099. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Explore more of Miami
Continue your search in Miami.
Need help making sense of this home?
About 1053 NW 29th Street #Casa Flambo
Can I request a private showing?
Request a tour of 1053 NW 29th Street #Casa Flambo and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.