$1,050,000

1026 NW 9th Avenue, Fort Lauderdale, FL 33311

  • 2,719 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $386/sqft
  • Property List Date Icon 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 4:21PM
Listing Office:
Current Capital Realty : 954-966-8181
Listing Agent:
Caio Martin : 781-367-1454
MLS ID:
A12073635
  • Originating MLS: BEACH_MIAMI
  • County: Broward
  • Zoning: B-1PROGRESSO 2-18 D LOT 3839 BLK 196494234051790
  • Source: BEACH_MIAMI

This listing courtesy of Caio Martin , Current Capital Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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