955 S Federal Highway, Fort Lauderdale, FL 33316 (MLS# A12070531)

955 S Federal Highway, Fort Lauderdale, FL 33316

$11,950,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12070531

Property Type: Commercial Sale Square Footage: 23,784 Status: Active

Current Price: $11,950,000 List Date: 8/13/2026 Last Modified: 8/26/2026

Overview

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.

Listing Details MLS# A12070531

General Property Information

Number Of Buildings: Yes
Property Sub Type: Office
Occupant Type: Call Listing Agent
Building Area Main: 23784
Year Built: 1974
Parking Total: 53
Lot Size Area: 15535
Lot Size Acres: 0.36
Stories Total: 4

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

Contract Information

Comp Sale YN: No
Original List Price: 11950000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 955
Street Direction Prefix: S
Street Name: Federal
Street Suffix: Highway
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33316
Postal Code +4: 1222
Area: 3800
Geographic Area: FTSE - Ft Lauderdale SE (3280-3282;3600;3800)
Parcel Number: 504215010130
Subdivision Number: Yes
Zoning: RAC-RPO
Flood Zone: AE,X
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.
Property Description: Renovated Office Building

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

More Information

Building and Property Details

# Of Offices: 42

Income and Expenses

Occupancy Percentage: 79

Price Calculations

Current Price To SqFt: 502.43

Section Details

Parcel Number MLX: 0130

Originating Details

Originating System Key: 549405679
Originating System ID: M00000151

Listing Office: Daniel Chaberman PA

Last Updated: August - 26 - 2026

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