AbstractFS CMa type stars are a recently described group of objects with the B[e] phenomenon that exhibit strong emission-line spectra and strong IR excesses. In this paper we report the first attempt for a detailed modeling of IRAS 00470+6429, for which we have the best set of observations. Our modeling is based on two key assumptions: the star has a main-sequence luminosity for its spectral type (B2) and that the circumstellar (CS) envelope is bimodal, composed of a slowly outflowing disk-like wind and a fast polar wind. Both outflows are assumed to be purely radial. We adopt a novel approach to describe the dust formation site in the wind that employs timescale arguments for grain condensation and a self-consistent solution for the dust destruction surface. With the above assumptions we were able to reproduce satisfactorily many observational properties of IRAS 00470+6429, including the HI line profiles and the overall shape of the spectral energy distribution.