1026 NW 9th Ave, Fort Lauderdale FL 33311, Fort Lauderdale
$1,050,000
Fort Lauderdale, FL, 33311
Property details
- Year built
- 1961
- Type
- Retail
- Days on market
- 0
- MLS #
- A12029539
Listing courtesy of Fausto Commercial Realty Consultants Inc · 954-743-7594. Listing agent: Elior Levi. MLS data last updated 2026-06-15.
Description
Located in the Progresso Village / South Middle River area of Fort Lauderdale, just minutes from Downtown and I-95, this 2,700 SF commercial property at 1026 NW 9th Ave offers excellent exposure along a high-traffic corridor with roughly 31,500 vehicles per day. The property features 10 parking spaces and a new roof for reliability. Fully occupied by three tenants—two restaurants and a beauty supply store—it generates an NOI of $75,845.67. All tenants have scheduled rent increases—two in January 2026 and one in December this year—creating immediate and continued income growth. With a pro forma GOI of $105,828.00, this fully leased asset offers stable cash flow and strong upside through rent escalations and potential NNN conversion.
1026 NW 9th Ave, Fort Lauderdale FL 33311, Fort Lauderdale — for sale, listed for $1,050,000.
135 listings for sale in 33311 · median $575,000.
Browse this price segment
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ZIP vs city price level
Active listings like this in ZIP 33311 show a median asking $348/sqft — 9.9% below the Fort Lauderdale median asking of $387/sqft.
n=52 · 2026-07-29 · Methodology
Run the numbers
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for listings for sale in 33311: $340/sqft in 2026-W30 to $348/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=136 · 2026-07-29 · Methodology
Competition for this listing
Right now: 135 active listings for sale in 33311, median asking price $575,000, median $348/sqft.
n=135 · 2026-07-29 · Methodology
Local market report
Asking price vs segment median
$1,050,000 asks 82.6% above the $575,000 median across 135 listings for sale in ZIP 33311.
n=135 · 2026-07-29 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology
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