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1026 9th Ave, Fort Lauderdale, FL
Offering:
For Sale
Location:
Fort Lauderdale, FL 33311
Status:
Active
$1,050,000
Deemed reliable but not guaranteed.
Details
Year built:
1961
Lot size:
6,751 sq ft
Days on market:
58
Cumulative days on market:
313
Annual tax:
$12,565
Type:
Retail
MLS ID
A12073635
Virtual tour:
Listed by:
Current Capital Realty (CURR01)
Listing office phone:
954-966-8181
Listing office email:
Listing agent:
Caio Martin (3251304)
Features
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.
Price history
$1,050,000 → $1,050,000
· 1 price changes
Location
1026 NW 9th AveFort Lauderdale, FL 33311
MLS information
Last updated Oct 15, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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