1026 NW 9th Ave, Fort Lauderdale FL 33311 | Broward County | A12026724
- $1,050,000
- $1,050,000
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.
Address
Open on Google Maps-
Address: 9th Ave
-
City: Fort Lauderdale
-
Zip/Postal Code: 33311
Details
Updated on June 14, 2026 at 4:21 pm-
Property ID A12026724
-
Price $1,050,000
-
Year Built 1961
-
Property Status Active
Additional details
-
Annual Tax 12565
-
Association No
-
Private Pool No
-
Listing Terms All Cash, Conventional/Refinance
-
Waterfront No
-
Total Stories 1
-
Tax Year 2025
-
Building Area 2719
-
Flood Zone AE,X
-
New Construction No
-
Lot Size (Sq Ft) 6751
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees