Address
1026 Nw 9th Ave, Fort Lauderdale, FL
Price
$ 1,050,000
Property Attributes
- MLS#A12029539
- TypeSingle Family
- Listing Status Active
- CountyBroward
- CityFort Lauderdale
- Area3424
- Zip33311
- Style
- Year Built1961
- Taxes$ 12565
- Price$ 1,050,000
- Bedrooms1
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2700
Data Source:
Southeast Florida MLS (SEFMLS)
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.
| Price History | |
|---|---|
| 6/14/2026 | Listed $1,050,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Possession | ClosingAndFunding |
| Year Built | 1961 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Retail |
| Tax Year | 2025 |
| County | Broward |
| Property Type | CommercialSale |
| Status | Active |
| City | Fort Lauderdale |
| Zoning Description | B-1 |
| Number Of Units Total | 1 |
| MLS Area | 3424 |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 6751 |
| Listing Terms | Cash,Conventional,Other |
| Tax Annual Amount | 12565 |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12029539 |
| Structure Type | Retail |
| Standard Status | Active |
| Occupancy Type | CallAgent |
| PostalCity | Fort Lauderdale |
| Legal Description | PROGRESSO 2-18 D LOT 38,39 BLK 196 |
Interior Features
| Total Bedrooms | 1 |
|---|
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 6751 |
| Number of Buildings | 1 |
| Building Area Total | 2700 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33311
Price
Taxes
Year Built
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Data Last Updated: September 12, 2026 9:37 PM UTC
