1026 NW 9th Avenue, Fort Lauderdale, FL 33311
- 2,719 sqft
Commercial Property
Built in 1961
6,534sqft lot
—— car garage
$386/sqft
Listed 1 month ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- August 18, 2026
- Data Last Updated:
- September 28, 2026 at 3:20PM
- Listing Office:
- Current Capital Realty : 954-966-8181
- Listing Agent:
- Caio Martin : 781-367-1454
- MLS ID:
- A12073635

- Zoning: B-1PROGRESSO 2-18 D LOT 3839 BLK 196494234051790
- Source: BEACH_MIAMI
This listing courtesy of Caio Martin , Current Capital Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $



