About This Property

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.

Key Features

• 6,751 sq ft Lot
• Built in 1961

Property Details

• Type: Single Family Home
• Year Built: 1961
• Lot Size: 6,751 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 6,751 sq ft Lot
• Feature: Built in 1961
• Status: Active
• MLS Number: 1174608812
• Days on Market: 111
• Listed By: Fausto Commercial Realty Consultants Inc · Elior Levi
• Zip Code: 33311