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
Price:
$1,050,000
MLS #:
A11891960
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Listed Date:
Oct 7, 2025
Total Sq Ft:
2,700
Year Built:
1961
See this Listing
Schools
Interior
Exterior
Stories
1
Financial
Tax Year
2024
Taxes
$8,921
Map
Community
- Address1026 NW 9th Ave Fort Lauderdale FL
- CityFort Lauderdale
- CountyBroward County
- Zip Code33311
Market Summary
Current real estate data for Commercial in Fort Lauderdale as of Apr 23, 2026
130
Commercial Listed
202
Avg DOM
$1,031,569
Avg List Price
Property Summary
- 1026 NW 9th Ave Fort Lauderdale FL is a Commercial for sale in Fort Lauderdale, FL, 33311. It is listed for $1,050,000
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