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2,700 sqft

$1,050,000

1026 NW 9th Ave, Fort Lauderdale FL, 33311

Price per sqft$388.89
Built in1961
Property size2,700 sqft
Property typeCommercial

Overview

Active

Listed Jun 14, 2026

Updated 3 weeks ago

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.

Additional information

MLS® ID
A12029539

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$12,565
Tax Frequency
Annually

Broker Reciprocity Courtesy of Fausto Commercial Realty Consultants Inc

 

Data last updated:9/14/2026.

 

The multiple listing information is provided by FL - Miami Association of REALTORS® (RAMB) from a copyrighted compilation of listings. The compilation of listings and each individual are ©2026FL - Miami Association of REALTORS® (RAMB). All Rights Reserved.

 

The information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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