Office For Sale
955 S Federal Highway, Fort Lauderdale, FL 33316
Exceptional investment or owner-user opportunity at 955 S Federal Highway, a 48,106 SF office building strategically located just blocks from the new $245 million U.S. Federal Courthouse, scheduled to open in 2027. Gut-renovated in 2020, the property features 42 office suites, two levels of covered parking, and 33 currently leased suites. Offered at $11,950,000, the property provides a 7.1% cap rate on current income, with significant value-add potential through the lease-up of the remaining vacant suites and continued income growth. Investors can benefit from strong in-place cash flow while executing a clear path toward stabilization, with a projected 8.1% cap rate at stabilized occupancy. The property also offers potential future owner-user occupancy, making it an attractive opportunity for both investors and businesses seeking a strategic Fort Lauderdale location.
| Property Type | Office |
| Status | Active |
| Listing ID | A12070531 |
| Year Built | 1974 |
| Lot Area | 15,535 |
Nadereh (Nana) Rezaie, P.A. Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™
Nana Rezaie 561-660-1948
Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .
All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2023 by Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
The properties displayed are provided courtesy of Real Estate Brokers participating in the Realtors® Association of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. Multiple Listing Service Internet Data Exchange Program (IDX). The information provided on this site is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Every effort has been made to maintain the highest degree of accuracy of data represented on this site. Up to date information is achieved by replicating pertinent Multiple Listing Service data every hour, subject to point-to-point Internet access availability. No representation is made as to the accuracy of any information regarding listed properties for sale, rental, taxes or financing. All information is subject to errors, omission, change of price, rental, commission, proper sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Please consult a professional for exact dimensions. In the event your property is listed on this site and you discover errors, please contact your listing broker to remedy the discrepancy. We are only capable of correcting our own listings. Our listing data concerning your individual property will self-correct once your listing broker has corrected the errors with of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc. MLS service.
