MLS # :A12070531 |
Price :$11,950,000 |
Status :
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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 : |
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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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Call: 305-998-9922
Sunny Realty
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