1026 9th Ave ,Retail for Sale & Rent

1026 9th Ave for Sale & Rent

Price $1,050,000.00

• Lot size 6751
• Year Build 1961
• Waterfront
• Zip 33311
• Style
• Parking Description
• Pool Yes
• Status Active

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.

PROGRESSO 2-18 D LOT 38,39 BLK 196

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.

City:Fort Lauderdale,Zoning:B-1,List A O R:A-Miami Association of REALTORS,Latitude:26.1376398,List Price:1050000,Listing Id:A12073635,Longitude:-80.1535397,Mls Status:Active,Year Built:1961,Postal Code:33311,Street Name:9th Ave,Coordinates:1:26.1376398,Photos Count:5,Business Type:1:Shopping Center,Days On Market:1,Lot Size Units:Square Feet,M I A M I R E_ Area:3040,On Market Date:2026-08-18,Parcel Number:494234051790,Property Type:Commercial Sale,Street Number:1026,Public Remarks: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.,County Or Parish:Broward County,Expiration Date:2027-10-31,List Office Name:Current Capital Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:6221,Property Sub Type:Retail,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:12565,Unparsed Address:1026 NW 9th Ave, Fort Lauderdale FL 33311,Listing Agreement:Exclusive Agency,M I A M I R E_ Blogging:1,Building Area Total:2719,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:6751,M I A M I R E_ Flood Zone:AE,X,Original List Price:1050000,Public Survey Range:49,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Listing Contract Date:2026-08-18,Originating System I D:miamire,Public Survey Section:34,Street Number Numeric:1026,Tax Legal Description:PROGRESSO 2-18 D LOT 38,39 BLK 196,M I A M I R E_ Current Price:1050000,Public Survey Township:49,M I A M I R E_ Total Mortgage:480000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:Strip Retail Center for Sale. 3 bays,M I A M I R E_ Parcel Number M L X:1790,M I A M I R E_ Street View Param:1$26.13763$-80.15358$103.71$13.33$1.00$NbAoQi7qjSlFYdCpyUQ8bg,Contract Status Change Date:2026-08-18,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:5,M I A M I R E_ Agent Alternate Phone:781-367-1454,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1026 NW 9th Ave,Internet Automated Valuation Display Y N:1,