Retail for sale

$1,050,000

1026 NW 9th AveFort Lauderdale, FL 33311

  • 6,751 Lot sq ft
  • 1961 Built

About this home

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.

Details

MLS #
A12073635
Property type
Retail
Status
Active
Days on market
58
County
Broward County
Property taxes
$12,565
Waterfront
No
Private pool
No

Location

Estimated payment

$6,356/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Current Capital Realty · Caio Martin. Listing last updated October 15, 2026 12:46 PM.

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The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 26, 2026 2:17 PM.

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