Retail in 1026 NW 9th Avenue, Fort Lauderdale, FL 33311 for sale with MLS# A12073635
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.
1026 NW 9th Avenue, Fort Lauderdale, FL 33311
- Price:
- $1,050,000.00
- Original List Price:
- $1,050,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $386.17
- Listing Type:
- For Sale
- Status:
- Active
- Business Type:
- Retail
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 18, 2026 4:00 am
- Built-Up Area:
- 2,719 Sqft
- Lot Size Acres:
- 0.15
- Year Built:
- 1961
- Structure Type:
- Retail
- Flood Zone Code:
- AE,X
- Tax Annual Amount:
- $12,565.00
- Senior Community:
- No
- Tax Legal Description:
- PROGRESSO 2-18 D LOT 38,39 BLK 196
- Real Estate Folio Number (Parcel Number):
- 494234051790
- Zoning:
- B-1
- Active on the market since:
- August 18, 2026
- Listing Agreement executed on:
- August 18, 2026
- Listing Status Last Changed On:
- August 18, 2026 4:00 am
- Photos updated on:
- August 19, 2026 3:07 am
- Last Modified:
- August 19, 2026 3:07 am
- Courtesy of:
- Current Capital Realty
- Attribution:
- Not provided
- Street Name:
- 9th
- Street Number:
- 1026
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33311
- County:
- Broward
- Latitude:
- N26° 8' 15.5''
- Longitude:
- W81° 50' 47.1''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 1026 NW 9th Avenue, Fort Lauderdale, FL 33311
