$1,050,000

1026 NW 9th, Fort Lauderdale FL, 33311

Price per sqftN/A

Built in1961

Property typeCommercial

Courtesy of Caio Martin with Current Capital Realty

Overview

Active

Listed Aug 18, 2026

Updated 13 days ago

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.

Additional information

MLS^® ID: A12073635

Interior Features

Basement: No

Exterior Features

Lot Size: 0.15 Acres

Other Property Details

Taxes: $12,565
Tax Frequency: Annually

Courtesy of Current Capital Realty, Caio Martin,
Listing Contact: 781-367-1454

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 10/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 5:17 AM UTC, 10/16/2026