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

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

2021-built 5-unit multifamily property with secured indoor parking and an active short-term rental license.

Property Size4,465 SF
Price / SF$716.69
Days on Market15

Property Features for 1053 NW 29th Street Unit Casa Flambo

General Information

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

Additional Details

Opportunity Zone Yes
Multifamily Units 5

Amenities

tropical patio

Building Details

Year Built 2021
Tenancy Multi
Listing Agency: GetMoreOffers
Listed By: Keith R Gordon · License #0409442
Source: Lehmannflorida
Added: Jul 23 Changed: Jul 27 Last Checked: Aug 5 at 4:17AM

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 was designed and built in 2021 as a boutique multifamily short- and long-term rental community. The property features 5 apartments organized around a tropical patio with Latin American architectural inspiration. Secured indoor parking is provided for 8 cars, along with abundant free street parking. The asset is held under an LLC and carries a City of Miami Apartment Hotel license for short term rentals, which is currently active on Airbnb, along with long-term rental platforms.

Located at 1053 NW 29th Street Unit Casa Flambo in Miami, Florida, the property is situated within a Qualified Opportunity Zone. The offering is described as providing major tax advantages associated with the Opportunity Zone designation, which may include potential federal capital-gains tax benefits.

For buyers seeking a purpose-built, licensed 5-unit income property with both short- and long-term rental capability, Casa Flambo presents a focused configuration centered on its courtyard/patio layout and on-site parking.

Key Highlights

  • 2021‑built multifamily property with 5 apartments
  • 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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 2021-built 5-unit multifamily property with secured indoor parking and an active short-term rental license.
Where is this apartment building located?
The property is located at 1053 NW 29th Street Unit 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: 2021‑built multifamily property with 5 apartments; 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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