1026 NW 9th Avenue, Fort Lauderdale, FL 33311
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 # | 1182530849 |
| Status | Active |
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
MLS# 1182530849 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
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Estimate Your Payment
20% down · Loan: $840,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.