1053 Nw 29th Street Unit #Casa Flambo, Miami, FL 33127

$3,200,000

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List Price
$3,200,000
Days on Market
113
MLS#
B26055813
Year Built
2021
Lot Size
5,650
Acres
0.13

Property 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

Additional Information

Taxes
$22,099
Community Features
Not Found
Property Description
Hotel/Motel, Multi Family
Zoning
4801
Utilities
Cable Available, Electricity Available, Sewer Available, Water Available
Heating
Central, Electric, Radiant
Air Conditioning
Central Building A/C
Exterior Construction
Concrete Block Construction, Brick, Concrete Block With Brick
Roof
Comp Shingle Roof, Built-Up, Shingle

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