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Federal Tower 1600 S Federal Hwy 68,002 SF 98% Leased 4-Star Office Building Pompano Beach, FL 33062 For Sale
Investment Highlights
- Acquire Federal Tower and invest in a vibrant community of professionals with building renovations anticipated to elevate the workplace by late 2026.
- Impressive 10-story, 132-unit residential building with ground-floor retail is planned to be developed next door, increasing clientele and exposure.
- Commuters benefit from access to Downtown Fort Lauderdale and Fort Lauderdale/Hollywood International Airport, ensuring smooth travel and logistics.
- Current on-site amenities include a banking facility with a drive-thru, complimentary parking, and dedicated property management.
- With major shopping centers and a robust medical community nearby, Federal Tower provides an ideal setting for work and personal needs.
- Pompano Beach is home to a prestigious roster of corporations like Hotels.com and Merrill Lynch, reinforcing the property's investment potential.
Executive Summary
Unlock an exceptional investment opportunity at Federal Tower, located at 1600 S Federal Highway in Pompano Beach. Available for purchase, this premier 11-story office building is home to a dynamic community of diverse business professionals and is currently undergoing significant renovations to its common areas. These upgrades will feature high-quality finishes, ergonomic furniture, and modern amenities to enhance the workplace experience and attract top-tier tenants.
On-site amenities, including Brightstar Credit Union with drive-thru and ATM services, offer convenience for tenants and their clients. The property currently provides complimentary on-site parking and dedicated property management, ensuring smooth operations and tenant satisfaction. Eye-catching electric signage enhances visibility for tenants, drawing attention from passing traffic. An exciting development is set to occur next door, featuring a 10-story, 132-unit residential building with ground-floor retail. This incredible modern structure will complement Federal Tower, creating an influx of potential clientele and significantly enhancing exposure with the addition of attractive retailers.
Tenants have swift access to essential services within walking distance of the Pompano Place Shopping Center and the Imperial Shopping Plaza. The thriving nearby medical community, including Broward Health Imperial Point and Providence Holy Cross Medical Center, adds to the appeal for a diverse range of businesses.
Commuters appreciate Federal Tower's unbeatable location, with Downtown Fort Lauderdale, Broward County's most prominent office employment hub, only 12 miles away. For businesses requiring smooth travel logistics, Fort Lauderdale/Hollywood International Airport (FLL) is just 25 minutes from the site.
Pompano Beach is a captivating, family-friendly coastal community well-known for its 3 miles of sandy beaches and world-class diving and fishing. The area boasts prominent office tenants like Auto Nation, Charles Schwab, Stiles, Merrill Lynch, and Hotels.com, making it the ideal place for businesses to prosper. Take advantage of securing a stake in this thriving business environment.
On-site amenities, including Brightstar Credit Union with drive-thru and ATM services, offer convenience for tenants and their clients. The property currently provides complimentary on-site parking and dedicated property management, ensuring smooth operations and tenant satisfaction. Eye-catching electric signage enhances visibility for tenants, drawing attention from passing traffic. An exciting development is set to occur next door, featuring a 10-story, 132-unit residential building with ground-floor retail. This incredible modern structure will complement Federal Tower, creating an influx of potential clientele and significantly enhancing exposure with the addition of attractive retailers.
Tenants have swift access to essential services within walking distance of the Pompano Place Shopping Center and the Imperial Shopping Plaza. The thriving nearby medical community, including Broward Health Imperial Point and Providence Holy Cross Medical Center, adds to the appeal for a diverse range of businesses.
Commuters appreciate Federal Tower's unbeatable location, with Downtown Fort Lauderdale, Broward County's most prominent office employment hub, only 12 miles away. For businesses requiring smooth travel logistics, Fort Lauderdale/Hollywood International Airport (FLL) is just 25 minutes from the site.
Pompano Beach is a captivating, family-friendly coastal community well-known for its 3 miles of sandy beaches and world-class diving and fishing. The area boasts prominent office tenants like Auto Nation, Charles Schwab, Stiles, Merrill Lynch, and Hotels.com, making it the ideal place for businesses to prosper. Take advantage of securing a stake in this thriving business environment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
68,002 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1976/2024
Percent Leased
98%
Tenancy
Multiple
Building Height
11 Stories
Typical Floor Size
6,182 SF
Building FAR
0.66
Lot Size
2.36 AC
Zoning
B-3 - The General Business (B-3) district is the most flexible and diverse for commercial uses. Office/medical, retail. school and multifamily redevelopment
Parking
285 Spaces (4.19 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Controlled Access
- Property Manager on Site
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 4th Fl-Ste 420 | 1,096 SF | Office | - | Now |
4th Fl-Ste 420
| Size |
| 1,096 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
4th Fl-Ste 420
| Size | 1,096 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Number | 49-42-12-00-0070 | Improvements Assessment | $11,390,906 CAD |
| Land Assessment | $4,204,636 CAD | Total Assessment | $15,595,542 CAD |
Property Taxes
Parcel Number
49-42-12-00-0070
Land Assessment
$4,204,636 CAD
Improvements Assessment
$11,390,906 CAD
Total Assessment
$15,595,542 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Federal Tower | 1600 S Federal Hwy
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