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$1,050,000
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Property 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.
Full Property Details
Full Property Details for 1026 NW 9th Ave
General
- Price: $1,050,000
- Taxes: $12,565
- Status: Active
- Type: Commercial Service
- Source: Greater_Miami
- MLS ID: A12073635
- Updated: 8/19/2026
- Added to Site: 17 day(s) ago
Business
- Business Type: Retail Space, Shopping Center
Location
- County: Broward County
Structural Information
- Detached/Attached: Detached
- Building Size: 2719
- Year Built: 1961
Lot Features
- Lot Size (Sq. Ft.): 6,751
- Zoning: B-1
Financial Considerations
- Tax Amount: $12,565
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: PROGRESSO 2-18 D LOT 38, 39 BLK 196
- Property ID: 494234051790
Listed by Current Capital Realty
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Schools
Schools serving 1026 NW 9th Ave
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Thurgood Marshall Elementary School 800 Northwest 13th Street, Fort Lauderdale, FL 33311 | PK-3 | 0.2 mi |
Dillard High School 2501 Northwest 11th Street, Fort Lauderdale, FL 33311 | 9-12 | 1.5 mi |
Sunrise Middle School 1750 Northeast 14th Street, Fort Lauderdale, FL 33304 | 6-8 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1026 NW 9th Ave
Date
Details
Price
Change
Source
8/18/2026
Listed
$1,050,000
37.61%
MLS
1/10/2024
Sold
$763,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1026 NW 9th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,565
41%
$615,360
6%
2024
$8,921
—
$581,610
48%
2024
$8,921
5%
$393,700
7%
2023
$8,481
3%
$366,900
—
2022
$8,274
1%
$366,900
—
2021
$8,215
—
$366,900
3%
2021
$8,215
22%
$355,170
17%
2019
$6,741
15%
$302,940
10%
2018
$5,854
5%
$275,400
3%
2017
$5,567
6%
$267,940
10%
2016
$5,272
11%
$243,440
18%
2015
$4,749
3%
$206,920
5%
2014
$4,630
3%
$197,170
5%
2013
$4,490
—
$187,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1026 NW 9th Ave
1026 NW 9th Ave, Fort Lauderdale, FL 33311 (MLS# A12073635) is a Commercial Service property. 1026 NW 9th Ave is currently listed for $1,050,000 and was received on August 18, 2026. Want to learn more about 1026 NW 9th Ave? Do you have questions about finding other Commercial Service real estate for sale in Fort Lauderdale? You can browse all Fort Lauderdale real estate or contact a Coldwell Banker agent to request more information.

