1026 NW 9th Avenue, Fort Lauderdale, FL 33311
$1,050,000 · $386 per sq ft · Retail for sale
- Property type: Retail
- Asking price: $1,050,000
- Price per sq ft: $386
- Building size: 2,719 sq ft
- Lot size: 6,534 sq ft
- Zoning: B-1
- Year built: 1961
- Parcel ID: 494234051790
- MLS#: A12073635
About this property
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.
Operating Statement
| Property taxes | $12,565/yr |
|---|
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Current Capital Realty · todd@cc-reg.com · Listing agent: Caio Martin
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1026 NW 9th Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 1026 NW 9th Avenue
- How much is 1026 NW 9th Avenue?
- 1026 NW 9th Avenue is listed at $1,050,000, about $386 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 1026 NW 9th Avenue zoned?
- The listing reports zoning of B-1. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 1026 NW 9th Avenue?
- The listing reports 2,719 square feet of building.
- When was 1026 NW 9th Avenue built?
- 1026 NW 9th Avenue was built in 1961. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- What are the property taxes on 1026 NW 9th Avenue?
- The listing reports annual property taxes of $12,565. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
- How do I tour 1026 NW 9th Avenue?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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