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$2,345,000
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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.
Full Property Details
Full Property Details for 1053 NW 29th St
General
- Price: $2,345,000
- Taxes: $22,098 (2025)
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11926162
- Updated: 12/31/2025
- Added to Site: 43 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Security Gate, Security Lights
Parking
- Total Spaces: 8
- Parking Features: Assigned, Garage, Guest
Location
- County: Miami-Dade County
- Driving 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
Community
- Units Assoc/Comm: 5
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: Central Electric
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: Concrete Block With Brick
- Roof: Built-Up, Shingle
- Windows: Complete Impact Glass
- Stories/Levels: 3
- Building Size: 7653
- Year Built: 2021
- Other Struct. Feat.: Balconies, Exterior Lighting, Laundry Facilities, Private Restrooms
Unit Information
- Units in Complex: 5
Lot Features
- Lot Size (Sq. Ft.): 5,650
- Lot Dimensions: 113 x 50
- Lot Features: Other Location
- Zoning: 4801
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $22,098
- Tax Year: 2025
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: Sale
- 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
- Inclusions: Building & Land
- Property ID: 01-31-26-036-1160
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Schools
Schools serving 1053 NW 29th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Santa Clara Elementary School 1051 Northwest 29th Terrace, Miami, FL 33127 | PK-5 | 0.1 mi |
Georgia Jones Ayers Middle School 1331 Northwest 46th Street, Miami, FL 33142 | 6-8 | 1.1 mi |
Miami Jackson Senior High School 1751 Northwest 36th Street, Miami, FL 33142 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1053 NW 29th St
Date
Details
Price
Change
Source
12/31/2025
Price Reduced
$2,345,000
-0.21%
MLS
12/05/2025
Listed
$2,350,000
2250%
MLS
3/06/2015
Sold
$100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1053 NW 29th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,011
2%
$1,794,082
—
2023
$21,554
629%
$1,794,082
958%
2021
$2,955
-22%
$169,500
-40%
2022
$3,776
28%
$282,500
100%
2021
$2,955
20%
$141,250
38%
2019
$2,466
18%
$102,547
10%
2018
$2,086
16%
$93,225
10%
2017
$1,795
-3%
$84,750
—
2016
$1,850
-2%
$84,750
—
2015
$1,884
291%
$84,750
558%
2014
$482
67%
$12,886
10%
2013
$289
—
$11,715
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1053 NW 29th St
1053 NW 29th St, Miami, FL 33127 (MLS# A11926162) is a Apartment property. 1053 NW 29th St is currently listed for $2,345,000 and was received on December 05, 2025. Want to learn more about 1053 NW 29th St? Do you have questions about finding other Apartment real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

