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… Read More 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. Read Less
Courtesy of Fausto Commercial Realty Consultants Inc, Elior Levi, 786-748-7373.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Retail
Square Ft.
2,719
Lot Size
0.15 Acres
Year Built
1961
MLS Number
A12026724
30 Days Snapshot Of 33311
$241k
-12%
(avg) sold price
7
0%
homes sold
154
+26%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1961, Toal building area: 2719, 3 total units
Lot
0.15 acres
Property
Zoning: B-1
Sewer
"Public Sewer"
Taxes
Annual amount: $12,565
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