1026 NW 9th Ave, Fort Lauderdale FL 33311 | Broward County | A12026724
  • $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: 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

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Christopher Lazaro

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