Retail in 1026 NW 9th Ave Fort Lauderdale for sale with MLS# A11891960
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.
1026 NW 9th Ave, Fort Lauderdale, FL 33311
- Price:
- $1,075,000.00
- Previous Asking Price:
- $1,100,000.00
- Original List Price:
- $1,200,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- MLS Number:
- A11891960
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- April 9, 2026 11:05 am
- Built-Up Area:
- 2,700 Sqft
- Lot Area:
- 6,751 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Year Built:
- 1961
- Number of Buildings:
- 1
- Levels:
- One
- Structure Type:
- Retail
- Stories:
- 1
- Tax Annual Amount:
- $8,921.00
- Tax Year:
- 2024
- Covered Spaces:
- 0
- Senior Community:
- No
- Occupant Type:
- Tenant
- Lease Considered:
- No
- Tax Legal Description:
- PROGRESSO 2-18 D LOT 38,39 BLK 196
- Real Estate Folio Number (Parcel Number):
- 494234051790
- Zoning Description:
- B-1
- Originally published on:
- October 13, 2025 10:54 am
- Active on the market since:
- October 7, 2025
- Price change occurred on:
- April 9, 2026 11:05 am
- Listing Status Last Changed On:
- October 13, 2025 10:54 am
- Photos updated on:
- October 13, 2025 3:13 pm
- Last Modified:
- April 9, 2026 3:06 pm
- Flood Zone:
- AE, X
- Subdivision Number:
- 5
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- 9th Ave
- Street Number:
- 1026
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33311
- County:
- Broward
- Latitude:
- N26° 8' 15.5''
- Longitude:
- W81° 50' 47.1''
- Street Direction Prefix:
- NW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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