Virtual TourMap

For SaleRetailActive

2924 W Flagler St

Miami, FL 33135

$2,775,000

3 Days On Site

  • 2,846Sq Ft
  • $975Per Sq Ft
  • 0.3444Acres
  • 1925Built
County
Miami-Dade
MLS®
A12121659

Overview

Freestanding single-tenant retail building leased to Buckeye Check Cashing of Florida, Inc. dba InstaLoan on a brand new absolute NNN lease. Tenant signed in April 2026, took possession November 1, 2026 and base rent commences February 1, 2027. Lease runs through January 31, 2032 with 3% annual increases and four 5-year renewal options. Tenant pays real estate taxes, insurance, utilities and all maintenance and repair including roof, structure, parking and HVAC. No landlord responsibilities. Offered at $2,775,000, a 5.74% cap rate on year-one NOI of $159,376, rising to 6.46% by lease year five. InstaLoan is part of a family of brands with more than 1,500 locations in 25 states. 2,846 SF building centered on a 15,000 SF (100 x 150) lot with 22 parking spaces. T5-L (Miami 21) zoning on West Flagler Street, minutes from Downtown Miami, Brickell, Coral Gables and MIA. Do not disturb tenant; all showings by appointment through listing agent.

Listing Snapshot

Price
$2,775,000
Days On Site
3 Days
Bedrooms
N/A
Inside Area (SqFt)
2,846 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
0.3444 Acres
Year Built
1925
MLS® Number
A12121659
Status
Active
Property Tax
$22,235 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

6 items
Levels
One
Parking Spaces
22
Property Sub Type
Retail
SqFt Total
2,846
Style
Detached
Zoning
6107

Community Features

2 items
MLS Area
41
Financing Terms Available
Cash, Conventional

Location

2924 W Flagler St, Miami, FL 33135 · 41

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Neighborhood & Commute

ZIP Code 33135

Median household income
$37,532
Income per person
$21,865
Households
14,795
Average household size
2.50
Median age
44.7

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Active
  3. Price changed to $2,775,000
  4. Listing first seen on site

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Listing courtesy of Synergy Realty Advisors (305) 297-3557

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-13 07:02 AM EST

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