No stored Google rating available.
Licensed South Florida pawnbroker offering collateral-based loans, buy/sell of jewelry, electronics, firearms, and vehicles across 4 locations since 2005.
Data compiled from public sources
Lucky Pawn & Jewelry is a family-owned pawnbroker founded in 2005 and headquartered in Miami, FL, operating under the legal entity Sunoma Inc. Over more than two decades, the business has grown to four South Florida locations — Miami, Opa-Locka, Oakland Park, and Fort Lauderdale — serving a broad regional customer base. The company holds all required Florida state and municipal pawnbroker licenses, and also carries a Federal Firearms License (FFL #1-59-086-02-1A-31846) issued by the ATF, authorizing it to legally broker firearm sales and transfers. The business is led by president and owner Igor Melomed.
The core offering is collateral-based pawn loans: customers bring in an item of value, receive a same-day cash loan against it, and have 30 days plus a 30-day grace period to repay and reclaim their property. Renewals are available by paying accrued interest and resetting the principal. eligibility claim to verify is required at any stage. Beyond lending, the shop actively buys and sells gold and diamond jewelry, electronics, musical instruments, tools, and vehicles including cars, trucks, and motorcycles. The firearms division adds meaningful depth — Lucky Pawn handles handgun and long-gun transactions and provides NFA (National Firearms Act) item transfers for $50 per firearm. In-store jewelry repair rounds out the service menu.
Few South Florida pawnbrokers operate at this scale or with this range. The FFL and NFA transfer capabilities attract gun owners who purchase firearms online and need a licensed local dealer to complete the legal transfer — a niche most competitors cannot serve. The family-owned structure allows deal flexibility that corporate chains often does not list comparable fields. Customer satisfaction is notably strong: a self-reported 4.9/5 rating across locations and a 5.0/5 score from 940 Google reviews at the Opa-Locka location — an unusually high mark for the pawn sector.
Lucky Pawn is a legitimate, well-reviewed operation for customers who need fast, no-credit-check liquidity in the South Florida area. That said, important limitations exist. Specific interest rates and fees are not publicly disclosed — borrowers must visit in-store to understand the full cost before committing. There is no online portal or mobile app; all transactions are in-person. No BBB rating or accreditation has been confirmed through public records. Most critically, pawn loans carry inherent forfeiture risk: any item not reclaimed within the 60-day window is permanently retained and resold by the shop, with no recovery path for the borrower. Pledging irreplaceable or high-sentimental-value items without a firm repayment plan is a meaningful financial risk.
This is state-level context for Pawn Shops consumers in Opa-locka, FL. It does not confirm that Lucky Pawn & Jewelry or this specific location is licensed.
State regulator
Florida Office of Financial Regulation
Consumer protection
Short-term lending status: Legal
General rate context: 18% for loans under $500,000; 25% criminal usury threshold; payday loans regulated separately
Florida allows payday lending with notable consumer protections including a statewide database preventing multiple simultaneous loans, a $500 cap, and a 24-hour cooling-off period. The Office of Financial Regulation oversees all consumer lenders. Consumers can file complaints online through the OFR or the Attorney General.
Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.
Lucky Pawn & Jewelry offers 12 services including Collateral-based pawn loans (no credit check required), Same-day cash advances against personal property, Gold and diamond jewelry buying and selling, Electronics buying and selling, Musical instruments buying and selling, and 7 more.
Lucky Pawn & Jewelry has profile signals associated with South Florida residents needing fast, same-day cash with eligibility claims to verify, Gun owners needing a licensed FFL dealer to complete online firearm or NFA item transfers, Buyers seeking below-retail secondhand jewelry, electronics, tools, or vehicles, Vehicle owners willing to use a car, truck, or motorcycle as loan collateral.
Key strengths: eligibility claim to verify — pawn loans accessible regardless of credit history; Same-day cash disbursement on approved collateral; Licensed FFL dealer (ATF #1-59-086-02-1A-31846) enabling legal firearm and NFA item transfers. Areas to consider: Interest rates and loan fees not publicly disclosed — must inquire in-store before committing; No online portal or mobile app — all transactions require a physical visit.
In the Pawn Shops category, comparable providers include InstaLoan, Pawn Jewelry - Orlando, FL, Pawn Jewelry - Tampa, FL. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.
CreditDoc Profile Note
Lucky Pawn & Jewelry is best suited for South Florida residents who are researching short-term cash access against collateral and cannot or do not want to use traditional credit — or who need a licensed FFL dealer for firearm transfer services. The central caveat is transparency: interest rates are not disclosed publicly, and borrowers who miss the 60-day redemption window permanently lose their pledged item, making this a high-stakes option for anything of lasting value.
Brandon, FL is served by InstaLoan's pawn shop at 1403 W Brandon Blvd, open Mon-Sat for short-term cash access loans and asset sales.
Profile signals: Florida or Georgia residents with bad or no credit who need cash within the same day, Vehicle owners with a clear title (no active financing) who need to borrow against it without surrendering the car
Diamond Banc Orlando offers collateral loans and outright purchases for fine jewelry, diamonds, and luxury watches, charging 2.5%/month with no setup fees or prepayment penalties.
Profile signals: Luxury jewelry owners who need fast liquidity without permanently selling their pieces, Rolex or designer watch owners seeking higher loan amounts than traditional pawn shops offer
Diamond Banc Tampa offers collateral-based equity loans and outright purchases of fine jewelry, diamonds, and luxury watches — a premium alternative to traditional pawn shops.
Profile signals: Owners of high-value fine jewelry or luxury watches ($50,000+) who need fast short-term liquidity, Borrowers who cannot or prefer not to use their credit profile to qualify for a loan
Answer 3 quick questions to review category, service, and profile context.
1. What's your primary financial goal?
A plain-English breakdown of every credit score range — what each number actually means for your loans, cards, and daily life, plus exactly what to do about yours.
Read guide →A plain-English breakdown of what credit products, loans, and cards you can realistically get at every credit score level — from deep subprime to excellent.
Read guide →Learn exactly how to check your credit score for free using legitimate sources, understand the difference between soft and hard inquiries, and know your rights under federal law.
Read guide →Affiliate Disclosure: CreditDoc may earn a commission when you click links to Lucky Pawn & Jewelry and other services. These commissions help us maintain our free research. Compensation does not determine whether a provider can be covered; visible star ratings use stored Google review ratings when available. Learn more.