$899,000
Active
$899,000
3550 Galt Ocean #1011
Fort Lauderdale, FL 33308
3 bd2.5 ba2,000 sqft
Ocean Riviera
$1,050,0002 days on marketActive
1026 NW 9th Avenue, Fort Lauderdale, FL 33311
Fort Lauderdale, FL 33311
0
Sq Ft
1961
Year Built
0.15 acres
Lot Size
Listing Snapshot
| List Price | $1,050,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.15 acres |
| Year Built | 1961 |
| Property Tax | $12,565/yr |
| MLS # | 1174608814 |
| Status | Active |
| Days on Market | 2 |
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.
General Features
- Property Type
- CommercialSale
- Sub-type
- Retail
- Zoning
- B-1
Interior Features
Exterior Features
Community Features
- Community Features
- Shopping
- MLS Area
- 3390
Virtual Tour
View Virtual TourListed by Elior Levi · Fausto Commercial Realty Consultants Inc
MLS# 1174608814 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1174608814 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $840,000
%
Est. Monthly$6,777
Principal & Interest$5,730
Property Tax$1,047
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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