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Active - Business for sale

2924 W Flagler St, Miami FL 33135

Facts & features

Business Property type
3 days on Beycome
1925 Year built

Why you’ll love it

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.

Translating description...

Listings courtesy of Synergy Realty Advisors.

Listed by: Andros Sarduy • 305-297-3557 • Synergy Realty Advisors

Co-listed by: Valeria Martinez • 305-297-3557 • Synergy Realty Advisors

Source: Miami MLS, MLS#: A12121659 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

Come see by yourself

Affordability

$1,805,000$3,745,000
1%20%
0%90%
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Estimated monthly payment

$15,885/mo

  • Mortgage$14,032
  • Property tax$1,853
  • HOA fee
  • Homeowners insurance
Due at closing$2,206,125
Down payment held in escrow$555,000
Closing costs$41,625
beycome credit Est.$55,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Miami

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$2,775,000 Listed price

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$55,500 Credit back

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