Listed by Get More Offers
$2,420,000
1053 NW 29th St
Details
APN 01-31-26-036-1160
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 7,653
Year Built 2021
Buildings 1
Stories 3
Lot Size (SqFt) 5,650
Zoning 4801
Parking Spaces 8 spaces
Parking Per SqFt 1.05
Multifamily
Marketing 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.
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Listed by Get More Offers
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