$1,050,000

1026 NW 9th Ave, Fort Lauderdale FL 33311

About This Property

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.

Property Details

Location

Leaflet | © OpenStreetMap contributors

Satellite

+−

Hold Ctrl + scroll to zoom the map

Similar Properties

1 of 13

For Sale

Condominium

$1,359,920

3000 E Oakland Park Boulevard # 1103, Fort Lauderdale FL 33306

2 bd2 bth1,173 sq. ft.

1 of 8

For Sale

Income/MultiFamily

$1,358,760

1410 SW 44th Ave # 5, Fort Lauderdale FL 33317

— bd— bth— sq. ft.

1 of 47

For Sale

Quadruplex

$1,355,000

1109 NE 16th Ter, Fort Lauderdale FL 33304

— bd— bth2,276 sq. ft.

1 of 10

For Sale

Duplex

$1,350,000

634 SW 4th Avenue # 2, Fort Lauderdale FL 33315

— bd0 bth1,658 sq. ft.

1 of 10

For Sale

Agriculture

$1,350,000

638 SW 4th Avenue, Fort Lauderdale FL 33315

— bd0 bth— sq. ft.

1 of 52

For Sale

Condominium

$1,350,000

411 N New River Dr Drive E # 3605, Fort Lauderdale FL 33301

2 bd2 bth1,630 sq. ft.