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Boutique Apartment Community with Patio
For Sale
$3,200,000

1053 NW 29th Street #Casa Flambo, Miami, FL 33127

Built in 2021, the boutique community features five apartments and a tropical patio, with secured indoor parking for eight cars.

Property Size4,465 SF
Price / SF$716.69
Days on Market43

Property Features for 1053 NW 29th Street #Casa Flambo

General Information

Standard status Active
Size 4,465 SF
Total Parking Spaces 8
Property subtype Commercial

Additional Details

Opportunity Zone Yes
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $22,099

Amenities

tropical patio
Central air
Assigned
Built Up Roof
Central Air Cooling
Central Heating
Concrete Flooring
Covered
Electric Heating
Guest
Radiant Heating
Shingle Roof
Terrazzo Flooring
Tile Flooring

Building Details

Year Built 2021
Tenancy Multi
Listing Agency: GETMOREOFFERS
Listed By: KEITH R GORDON · License #B26055813
Source: Corcoran
Added: Jul 24 Changed: Sep 4 Last Checked: Sep 4 at 7:26AM

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 GETMOREOFFERS

Investment Insights

Based on property information with market context.

Casa Flambo is a boutique multifamily community designed and built in 2021, featuring five apartments centered around a tropical patio with Latin American architectural inspiration. The property includes secured indoor parking for eight cars, along with abundant free street parking. It is held under an LLC and carries a City of Miami Apartment Hotel license for short-term rentals.

Casa Flambo operates on Airbnb and long-term rental platforms, providing flexibility for short- and long-term usage. The property is located in a Qualified Opportunity Zone amid rapid development and is presented as offering major tax advantages, including the potential for zero federal capital-gains tax.

As a 2021-built, license-bearing apartment hotel-style multifamily property with on-site parking and patio-centered layout, Casa Flambo is positioned for renters seeking both short- and long-term options.

Key Highlights

  • Built in 2021 as a boutique multifamily rental community
  • Includes 5 apartments centered around a tropical patio inspired by Latin American architecture
  • 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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2021, the boutique community features five apartments and a tropical patio, with secured indoor parking for eight cars.
Where is this apartment building located?
The property is located at 1053 NW 29th Street #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 boutique multifamily rental community; Includes 5 apartments centered around a tropical patio inspired by Latin American architecture; Secured indoor parking for 8 cars, plus abundant free street parking
More about this property
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