1026 NW 9th Avenue, Fort Lauderdale, FL 33311
- $1,050,000
Description
Located in the Progresso Village / South Middle River area of Fort Lauderdale, just minutes from Downtown and I-95, this 2,700 SF commercial property at 1026 NW 9th Ave offers excellent exposure along a high-traffic corridor with roughly 31,500 vehicles per day. The property features 10 parking spaces and a new roof for reliability. Fully occupied by three tenants—two restaurants and a beauty supply store—it generates an NOI of $75,845.67. All tenants have scheduled rent increases—two in January 2026 and one in December this year—creating immediate and continued income growth. With a pro forma GOI of $105,828.00, this fully leased asset offers stable cash flow and strong upside through rent escalations and potential NNN conversion.
Address
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Address: Array
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City: Fort Lauderdale
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State/county: Broward
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Zip/Postal Code: Array
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Area: Fort Lauderdale
Details
Updated on August 27, 2026 at 12:59 am-
Property ID Array
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Price $1,050,000
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Land Area 0.15 Sq Ft
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Year Built 1961
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Property Type Retail
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Property Status Commercial Sale
Additional details
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Building Area Total 2700
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Business Type Retail
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Community Features Shopping
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Days On Market 10
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Internet Automated Valuation Display YN 1
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Listing Terms Cash, Conventional, Other
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Lot Size Area 6751
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MLSAreaMinor NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531),
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Mobile Dim Units Feet
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NumberOfBuildings 1
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NumberOfUnitsTotal 3
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Occupant Type Call Agent
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Possession Negotiable
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Sewer Public Sewer
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Street Suffix Avenue
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Tax Annual Amount 12565
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Water Source Public
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Zoning B-1
Mortgage Calculator
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