0 Baths
2,719 sqft
$1,050,000
1026 NW 9th Avenue, Fort Lauderdale FL, 33311
Price per sqft$386.17
Built in1961
Property size2,719 sqft
Property typeCommercial
Overview
Active
Listed Aug 18, 2026
Updated 7 days ago
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.
Other Property Details
- Taxes
- $12,565
- Tax Frequency
- Annually
Listed with Current Capital Realty
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Data last updated 3:44 AM UTC, 10/1/2026