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Homes for sale in Fort Lauderdale
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.