1026 NW 9th Avenue, Fort Lauderdale, FL 33311

$1,050,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12029539

Property Type: Commercial Sale Square Footage: 2,700 Status: Active

Current Price: $1,050,000 List Date: 6/14/2026 Last Modified: 10/31/2026

Overview

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.

Listing Details MLS# A12029539

General Property Information

Number Of Buildings: Yes
Property Sub Type: Retail
Number Of Units Total: 3
Occupant Type: Call Listing Agent
Building Area Main: 2700
Year Built: 1961
Lot Size Area: 6751
Lot Size Acres: 0.15

Property Features

Business Type: Retail Location of Property: Shopping Center Possession: Negotiable Listing Terms: Cash; Conventional; Other Sewer: Public Sewer Structure Type: Retail Water Source: Public

Contract Information

Comp Sale YN: No
Original List Price: 1050000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 1026
Street Direction Prefix: NW
Street Name: 9th
Street Suffix: Avenue
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33311
Postal Code +4: 6221
Area: 3390
Geographic Area: NTPK - N Broward Dixie Hwy To Turnpike (3411-3432;3531)
Parcel Number: 494234051790
Subdivision Number: 5
Multiple Offers Accepted: Yes
Zoning: B-1
Flood Zone: AE,X

Financial Information

Tax Annual Amount: 12565
Tax Year: 2025
Tax Legal Description: PROGRESSO 2-18 D LOT 38,39 BLK 196

Status Change Information

Major Change Timestamp: 2026-06-14T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-14

More Information

Description of Unit Type 1

Unit Type: Shop(s)
Units Total: Yes
Annual Rent: 43044

Description of Unit Type 2

Unit Type: Shop(s)
Units Total: Yes
Annual Rent: 26400

Description of Unit Type 3

Unit Type: Shop(s)
Units Total: Yes
Annual Rent: 22800

Price Calculations

Current Price To SqFt: 388.88

Section Details

Parcel Number MLX: 1790

Originating Details

Originating System Key: 503280233
Originating System ID: M00000151

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: October - 31 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

1026 NW 9th Avenue, Fort Lauderdale, FL 33311 (MLS# A12029539)