$1,050,000
2,719 sqft
1026 NW 9th Ave, Fort Lauderdale, FL 33311
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1026 NW 9th Ave, Fort Lauderdale, FL 33311
$1,050,000— Beds— Baths
Fort Lauderdale, FL 33311
Status
Active
Type
Retail
Year Built
1961
Days on Market
0
Lot Size
6,751 sqft
MLS #
A12029539
About This Home
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.
Building & Association
- Stories
- 1
- Stories Total
- 1
- Association
- No
Lot & Construction
- Lot Size Square Feet
- 6,751
- Waterfront
- No
- View
- No
- New Construction
- No
Public Records
- Parcel Number
- 494234051790
- Tax Annual Amount
- $12,565
- Tax Year
- 2,025
- Zoning
- B-1
- County Or Parish
- Broward County
Location
Courtesy of Fausto Commercial Realty Consultants Inc
