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Boutique Apartment Hotel Community
For Sale
$3,200,000

1053 NW 29th St Casa Flambo, Miami, FL 33127

Built in 2021, this five-unit community operates with an Apartment Hotel license and offers secured indoor parking.

Property SizeContact for details
Days on Market14

Property Features for 1053 NW 29th St Casa Flambo

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Commercial

Additional Details

Opportunity Zone Yes
Multifamily Units 5

Amenities

tropical patio

Building Details

Year Built 2021
Tenancy Multi
Listing Agency: ADDvantage Real Estate
Listed By: Keith Gordon · License #0409442
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Aug 5 at 9:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ADDvantage Real Estate

Investment Insights

Based on property information with market context.

Built in 2021, Casa Flambo is a boutique five-apartment community designed for short- and long-term rental use, with a tropical patio inspired by Latin American architecture. The property includes secured indoor parking for 8 cars, along with 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.

Casa Flambo is located in a Qualified Opportunity Zone, as stated in the public remarks, and is described as offering major tax advantages, including the potential for ZERO federal capital-gains tax. Convenience for everyday mobility is supported by walkScore of 78 (Very Walkable), bikeScore of 59 (Bikeable), and transitScore of 57 (Good Transit), per the provided information.

Key Highlights

  • Built in 2021 as a 5‑apartment multifamily short- and long‑term rental property
  • City of Miami Apartment Hotel license for short‑term rentals; active on Airbnb and LTR platforms
  • Secured indoor parking for 8 cars plus abundant free street parking

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Carpet & Flooring Store Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,478
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2021, this five-unit community operates with an Apartment Hotel license and offers secured indoor parking.
Where is this apartment building located?
The property is located at 1053 NW 29th St Casa Flambo Miami, FL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Built in 2021 as a 5‑apartment multifamily short- and long‑term rental property; City of Miami Apartment Hotel license for short‑term rentals; active on Airbnb and LTR platforms; Secured indoor parking for 8 cars plus abundant free street parking
More about this property
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