Commercial Real Estate Property For Sale In Fort Lauderdale

955 Federal Hwy Fort Lauderdale, FL 33316
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$11,950,000

  • 1974 Year Built
  • Aug 13, 2026 Listing Date

MLS #

:

A12070531

Price

:

$11,950,000

Status

:

Listing Date

:

Aug 13, 2026

Square Footage

:

Not Available

County

:

Broward County

Square Footage

:

Not Available

Year Built

:

1974

Taxes

:

$98,327 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

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.

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