1026 Nw 9th Ave, Fort Lauderdale, FL 33311
- $1,050,000
- List Price
- $1,050,000
- MLS#
- A12029539
- Status
- ACTIVE
- Type
- Commercial
Property 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.
Additional Information
- Days on Market
- 128
- Tax Amount
- $12,565
- Parcel Number
- 494234051790
- Lot Size
- 6,751
- Address
- 1026 Nw 9th Ave, Fort Lauderdale
- Year Built
- 1961
- Section
- 34
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Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact: