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$1,050,000Active

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
Beds0
Baths0
Living Area0 sqft
Lot Size0.15 acres
Year Built1961
Property Tax$12,565/yr
MLS #1182530849
StatusActive

About This Home

Located in the Progresso Village / South Middle River area of Fort Lauderdale, just minutes from Downtown and I-95, this 2,719 SF freestanding retail property offers strong exposure along a high-traffic corridor carrying an estimated 31,500 vehicles per day.The property is fully occupied by three tenants — a nail salon, a restaurant, and a beauty supply store — operating on month-to-month leases with built-in annual rent increases, delivering stable and growing income from day one of ownership.The asset generates a net operating income of $73,543.00, reflecting a going-in cap rate of 7.0%. The site also sits within a designated Opportunity Zone, and recent capital improvements — including a new roof and 10 dedicated on-site parking spaces — support long-term operational reliability and reduce near-term capital expenditure risk for a new owner.

General Features

Property Type
CommercialSale
Sub-type
Retail
Zoning
B-1

Interior Features

Exterior Features

Community Features

Community Features
Shopping
MLS Area
3390
Listed by Caio Martin · Current Capital Realty
MLS# 1182530849 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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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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