1026 NW 9th Ave - Image 1
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$1,050,000

Price Changed

1026 NW 9th Ave

Fort Lauderdale, FL 33311•Broward County
RetailFor SaleActive

Property Highlights

0 / 0

Beds / Baths

2,700

Square Feet

0.15

Acres

1961

Year Built

About This Property

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

Year Built1961
Living Area2,700 sqft
Lot Size0.15 acres

Listing Information

MLS IDA11891960
MLS NameMiamiAssociationOfRealtors
Sale TypeFor Sale
Days on Market205 days
Last UpdatedApr 21, 2026
Price ChangedApr 21, 2026

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Quick Stats

Property Type:Retail
Status:Active
Listed:N/A
1026 NW 9th Ave - $1,050,000 Retail | Gabriella Gonda