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Five-Unit Apartment Building
For Sale
$3,200,000

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

Contemporary multifamily property with a landscaped central patio and licensed short-term rental capability.

Property Size4,465 SF
Price / SF$716.69
Days on Market10

Property Features for 1053 NW 29th Street Casa Flambo

General Information

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

Additional Details

Opportunity Zone Yes
Multifamily Units 5

Amenities

tropical patio

Building Details

Year Built 2021
Listing Agency: GetMoreOffers
Listed By: Keith R Gordon · License #3320923
Source: Mymiahomes
Added: Sep 11 Last Checked: Sep 19 at 10:31AM

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.

Completed in 2021, this five-apartment multifamily property combines short- and long-term rental use within a boutique residential setting. The 4,465-square-foot building is organized around a tropical patio influenced by Latin American design and includes secured indoor parking for 8 cars, along with free street parking.

The property is located at 1053 NW 29th Street in Miami and carries a City of Miami Apartment Hotel license for short-term rentals. It is active on Airbnb and long-term rental platforms, providing an established framework for multiple residential leasing strategies. The address is also within a Qualified Opportunity Zone.

Key Highlights

  • Five apartments in a 4,465‑square‑foot multifamily property
  • Built in 2021
  • City of Miami Apartment Hotel license for short‑term rentals

Property Analytics

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Current Use

Short term rental ...

Suggested Use

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

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Contemporary multifamily property with a landscaped central patio and licensed short-term rental capability.
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: Five apartments in a 4,465‑square‑foot multifamily property; Built in 2021; City of Miami Apartment Hotel license for short‑term rentals
More about this property
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