$11,950,000
Fort Lauderdale, FL 33316
MLS# A12070531
23784 sqft
1 / 15
Property 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
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-13
Status: Active
Original List Price: 11950000
List Price: $11,950,000
Current Price: $11,950,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Code: 33316
Geographic Area: FTSE - Ft Lauderdale SE (3280-3282;3600;3800)
Subdivision Number: 1
Flood Zone: AE,X
Property Description: Renovated Office Building
Country: United States
Street Number: 955
Street Direction Prefix: S
Street Name: Federal
Street Suffix: Highway
State Or Province: FL
Postal Code +4: 1222
Area: 3800
Parcel Number: 504215010130
Zoning: RAC-RPO
Directions: From I-95, take Davie Boulevard east to S Federal Highway/US-1, turn left (north), and the property will be on your right at 955 S Federal Highway, Fort Lauderdale.
General Property Information
Number Of Buildings: 1
Occupant Type: Call Listing Agent
Lot Size Area: 15535
Stories Total: 4
Property Sub Type: Office
Building Area Main: 23784
Year Built: 1974
Parking Total: 53
Lot Size Acres: 0.36
Office/Member Information
DXORIGMLSID: SEF
Parking Features
Covered: 1
Free: 1
Documents Available
Aerial Photo(s): 1
Contracts: 1
Copy Of Lease(s): 1
Financial Statement: 1
Investment Analysis: 1
Photos: 1
Rent Rolls: 1
Site Plans: 1
Structure Type
Office: 1
Location of Property
Central Business District: 1
City Location: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Building and Property Details
# Of Offices: 42
Business Type
Professional Service: 1
Ceiling
Exposed: 1
Other: 1
Sale Includes
Building: 1
Fixtures: 1
Franchise: 1
Furniture: 1
Inventory: 1
Land: 1
Leases: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Road Frontage Type
County Road: 1
Highway: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Security Gate: 1
Security System: 1
Smoke Detector(s): 1
Water Source
Public: 1
Income and Expenses
Occupancy Percentage: 79
Cooling
Central Building: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Price Calculations
Current Price To SqFt: 502.43
Section Details
Parcel Number MLX: 0130
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Financial Information
Tax Annual Amount: 98327
Tax Legal Description: LAUDERDALE 2-9 D LOT 22,23,24 LESS E 25 FOR ST RD BLK 1
Status Change Information
Major Change Timestamp: 2026-08-13T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-13
Originating Details
Originating System Key: 549405679
Originating System ID: M00000151
Property Features
Business Type: Professional Service
Ceiling: Exposed; Other
Documents Available: Aerial Photo(s); Contracts; Copy Of Lease(s); Financial Statement; Investment Analysis; Rent Rolls; Site Plans
Location of Property: Central Business District; City Location
Parking Features: Covered; Free
Possession: Close Of Escrow
Sale Includes: Building; Fixtures; Franchise; Furniture; Inventory; Land; Leases
Cooling: Central Building
Listing Terms: 1031 Exchange; Cash
Road Frontage Type: County Road; Highway
Security Features: Fire Alarm; Fire Sprinkler System; Security Gate; Security System; Smoke Detector(s)
Sewer: Public Sewer
Structure Type: Office
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: Daniel Chaberman PA
Last Updated: August - 26 - 2026
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