2924 W Flagler St Miami, FL $ 2,775,000
2924 W Flagler St
$ 2,775,000
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2924 W Flagler St

Miami, FL, 33135
$ 2,775,000
Bedrooms1 Baths1.0 Sq 2,846

Monthly Estimate*

$ 19,166

2924 W Flagler St, Miami, FL 33135 - Image 1
2924 W Flagler St, Miami, FL 33135 - Image 2
2924 W Flagler St, Miami, FL 33135 - Image 3
2924 W Flagler St, Miami, FL 33135 - Image 4
2924 W Flagler St, Miami, FL 33135 - Image 5
2924 W Flagler St, Miami, FL 33135 - Image 6
2924 W Flagler St, Miami, FL 33135 - Image 7
2924 W Flagler St, Miami, FL 33135 - Image 8

Commercial Property for sale in Miami, FL

for $2,775,000 with 1 bedroom and 1 full bath. This 2,846 square foot building was built in 1925.

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.

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Commercial Active

Price

$ 2,775,000

Bedrooms

1

Full Bath

1

Property Type

Commercial

Taxes

$ 22,235

Style

Year Built

1925

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12121659

Features
General
Possession Subject To Tenant Rights
Architectural Style Detached
Year Built 1925
Tenant Pays Exterior Maintenance Fire Insurance HVAC Maintenance Sewer Taxes Water
Stories Count 1
Levels One
Property Subtype Retail
Tax Year 2025
County Miami-Dade
Net Operating Income 159376
Property Type Commercial Sale
Full Baths 1
Status Active
Directions On West Flagler Street near SW 29th Avenue.
City Miami
Zoning Description 6107
Number Of Units Total 1
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 15000
Listing Terms Cash Conventional 1031 Exchange
Tax Annual Amount 22235
Lease Considered Y/N false
Structure Type Retail
Standard Status Active
Occupancy Type Tenant
Legal Description CENTRAL PARK PB 5-57 LOTS 3 & 4 BLK 3 LOT SIZE 100.000 X 150 OR 18885-0157 02 1999 5
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Interior
Total Bedrooms 1
Total Baths 0
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Exterior
Total Parking 22
Lot Size Area 15000
Number of Buildings 1
Building Area Total 2846
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type Main Thoroughfare
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* Excluded Features
List By
Synergy Realty Advisors

Broker

asarduy@synergyrealtymiami.com

Email

Affordability Calculator

$21,019
Per Month
91%
9%
0%
Monthly Principal & Interest
$19,166
Monthly Property Taxes
$1,853
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2026$2,775,000 Listed Price

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2924 W Flagler St, Miami, FL, 33135 is a Commercial Property for sale at $2,775,000 with 2,846 sqft. 2924 W Flagler St has 1 bedrooms, 1.0 baths, and was built in 1925. The property's zip code is 33135 which is in Miami, FL