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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1026 NW 9th Ave , Fort Lauderdale, FL 33311
$1,050,000
Est. Payment: $5,605.48/mo
2719 Sqft
0.15 Acres
Status: active | Days on site: 58
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House 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.

Highlights

Listed by Caio Martin , 781-367-1454 and Stacey Powell , 954-551-4298 Current Capital Realty , 954-966-8181. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

1961

County

Broward

Area

3390

Listing ID

A12073635

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Interior Features

Exterior Features

Lot:Flood Zone
Zoning:B-1
Principal Interest
$5,605
Taxes
$1,047

Home Price

$1,050,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$210,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,605.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,605.48 $1,047.08 $0.00 $6,652.56
Yearly $67,265.71 $12,565.00 $0.00 $79,830.71
Total $2,017,971.15 $376,950.00 $0.00 $2,394,921.15

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Fort Lauderdale, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-02T11:06:10.000Z

© 2026 REALTOR Association of Greater Miami and the Beach