Brett Newman - Coldwell Banker Logo
$11,950,000
( $502.44Per Sq Foot )
 $64,150 est/mo Sourced by Back At You

955 S Federal Highway,Fort Lauderdale, FL 33316

Fort Lauderdale, FL 33316

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Description

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.

Details

MLS #A12070531
Listing TypeFor Sale
StyleOffice
Sub-TypeResale
StatusActive
Year1974
Days On Site13
Listing Provided ByDaniel Chaberman PA | Daniel Chaberman

Features

SQ Feet23,784
Story(s)4
Building(s)1
ZoningRAC-RPO
Acreage0.36

Exterior

Lot FeaturesCentral Business District, City Lot, Quarter To Half Acre Lot

Parking

Parking FeaturesCovered, Free Parking

Taxes

Tax Annual Amount98327

Area Information

StateFL
CountyBroward
CityFort Lauderdale
Zip Code33316
Area3800
SubareaFTSE Ft Lauderdale SE (3280 3282;3600;3800)
Listing VS Median (in 33316)
Price:
$11,950,000
low | high
Med:
$326,944
100% of Average
sqft:
23,784
low | high
Med:
994
100% of Average
$ / sqft:
$502
low | high
Med:
$334
83.585867680626% of Average
On site:
13
low | high
Med:
35.5
36.619718309859% of Average
Sourced by Back At You

Market Activity 33316

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Additional Information

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Contact

Learn More About This Property

Brett Newman

Brett Newman

Coldwell Banker Schmitt

SL555709Global Luxury, Elite Agent Circle (305) 393-1770brett@brettnewman.com
StateFL
CountyBroward
CityFort Lauderdale
Zip Code33316
Area3800
SubareaFTSE Ft Lauderdale SE (3280 3282;3600;3800)
Listing VS Median (in 33316)
Price:
$11,950,000
low | high
Med:
$326,944
100% of Average
sqft:
23,784
low | high
Med:
994
100% of Average
$ / sqft:
$502
low | high
Med:
$334
83.585867680626% of Average
On site:
13
low | high
Med:
35.5
36.619718309859% of Average
Sourced by Back At You
Listing Updated: August 26, 2026 at 11:18:22 PM PDT

Brett Newman - Coldwell Banker