Homes for sale in Fort Lauderdale
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Retail
1026 NW 9th Ave
Fort Lauderdale, FL 33311
$1,050,000
- Year built
- 1961
Listing courtesy of Elior Levi, Fausto Commercial Realty Consultants Inc
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.
Details
Property
- Type
- Retail
- Year built
- 1961
- Stories
- 1
- Lot size
- 6,751 sq ft
- County
- Broward County
- Flood zone
- AE,X
Community and fees
- Annual taxes
- $12,565
- Terms
- All Cash, Conventional/Refinance
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated June 15, 2026.