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
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
- Listing updated with changes from the MLS®
- Status changed to Active
- Price changed to $2,775,000
- Listing first seen on site
Friends & Family
Similar Homes
For sale in Miami, retail, within 20% of this price.
$2,600,000Retail For SaleActive840Sqft540 NW 79th StMiami, FL 33150
$3,000,000Retail For SaleActive2,800Sqft1525-27 NW 3rd AveMiami, FL 33136
$2,500,000Retail For SaleActive3,503Sqft19301 NW 2ND AVENUEMIAMI, FL 33169SIERRA Subdivision
$2,400,000Retail For SaleActive3,492Sqft150 SE 2nd Ave 103Miami, FL 33131










