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1053 NW 29th Street, Miami, FL 33127 (MLS# A11926162)

1053 NW 29th Street, Miami, FL 33127

$2,420,000

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https://www.propertypanorama.com/instaview/mia/A11926162

Property Type: Commercial Sale Square Footage: 7,653 Status: Active

Current Price: $2,420,000 List Date: 12/05/2025 Last Modified: 6/11/2026

Overview

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.

Listing Details MLS# A11926162

General Property Information

Number Of Buildings: Yes
Property Sub Type: Multi Family
Number Of Units Total: 2
Occupant Type: Vacant
Building Area Main: 7653
Year Built: 2021
Parking Total: 8
Lot Size Area: 5650
Lot Size Acres: 0.13
Stories Total: 3

Property Features

Building Features: Balconies; Exterior Lighting; Fenced Area; Laundry Facilities; Private Restroom(s) Flooring: Concrete Heating: Electric Location of Property: Other Parking Features: Assigned; Guest; Ground Level Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Land Source Of Expenses: Owner Provided Construction Materials: Concrete Block - No Stucco Cooling: Central Building Listing Terms: Cash; Conventional Road Frontage Type: City Street Roof: Built-Up; Shingle Security Features: Security Gate; Security Lights Sewer: Public Sewer Special Information: Foreign Seller Water Source: Public Showing Requirements: Gate Code; Showing Service Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 2350000
Owner Phone: 786-537-6396
Listing Service: Limited Service

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1053
Street Direction Prefix: NW
Street Name: 29th
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33127
Postal Code +4: 3869
Area: 2310
Parcel Number: 0131260361160
Subdivision Number: 36
Zoning: 4801
Flood Zone: X
Directions: From Miami Airport, take Hwy 112 east, exit at NW 27th Ave, go north, then turn left on NW 29th St; Casa Flambo is a quick 7–8 minutes from the airport off-peak. It’s also just blocks from the rapidly developing Wynwood district
Property Description: Five unit apartment building

Financial Information

Tax Annual Amount: 22098
Tax Year: 2025
Tax Legal Description: SANTA CLARA SUB PB 6-110 LOT 22 BLK 7 LOT SIZE 5650 SQ FT OR 21375-2456 0603 3 COC 22781-1360 10 2004 4

Status Change Information

Major Change Timestamp: 2026-03-20T21:53:39Z
Major Change Type: Price Change
Price Change Timestamp: 2026-03-20T21:53:39Z
Status Change Date: 2025-12-05

More Information

Building and Property Details

Interior Ceiling Height: 10

Description of Unit Type 1

Unit Type: 2 Bedroom
Units Total: 4
Furnished: Yes

Description of Unit Type 2

Unit Type: 1 Bedroom
Units Total: Yes
Furnished: Yes

Section Details

Parcel Number MLX: 1160

Originating Details

Originating System Key: 424001382
Originating System ID: M00000151

Currently Not Used

Ownership Type: Corporation

Office/Member Information

DXORIGMLSID: SEF

Flooring

Concrete: Yes

Parking Features

Assigned: Yes
Guest: Yes
Ground Level: Yes

Property Condition

Resale: Yes

Location of Property

Other: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

Foreign Seller: Yes

Building Features

Balconies: Yes
Exterior Lighting: Yes
Fenced Area: Yes
Laundry Facilities: Yes
Private Restroom(s): Yes

Heating

Electric: Yes

Sale Includes

Building: Yes
Land: Yes

Construction Materials

Concrete Block - No Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Frontage Type

City Street: Yes

Roof

Built-Up: Yes
Shingle: Yes

Security Features

Security Gate: Yes
Security Lights: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Central Building: Yes

Showing Requirements

Gate Code: Yes
Showing Service: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Documents

Offers - Showings ›

Listing Office: Get More Offers

Last Updated: June - 11 - 2026

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1053 NW 29th Street, Miami, FL 33127 (MLS# A11926162)