1026 NW 9th Ave, Fort Lauderdale FL 33311

For sale Days on market 0

$1,050,000

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Overview

Year Built

1961

6751 sqft

Property Type

Retail

Property 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.

Property Details

MLS#

A12026724

Total Floor in Bldg

Address

1026 9th Ave NW

City

Fort Lauderdale

State/county

Zip/Postal Code

33311

Area

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$12,565

Maint Fee

$--

Tax Year

2025

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