955 S Federal Hwy, Fort Lauderdale, FL
About this property
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 facts
- Sqft
- 23,784
- Year Built
- 1974
- Location
- Fort Lauderdale, FL 33316
- County
- Broward County
- FEMA flood zone
- Zone X, minimal risk
- Ground elevation
- 3.8 ft
- Hurricane evacuation zone
- Not in a designated evacuation zone
- Distance to the coast
- 0.4 mi
Sources: FEMA National Flood Hazard Layer (panel 12011C0557J, effective 2024-07-31), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-01. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.