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955 S Federal Highway 955 S Federal Hwy 48,106 SF 100% Leased Office Building Fort Lauderdale, FL 33316 $17,311,375 CAD ($359.86 CAD/SF) 7% Cap Rate

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EXECUTIVE SUMMARY

48,000 SF Office building in Core Fort Lauderdale Office Featuring Luxury Turnkey Co-working Space with 2 Floors of Covered Onsite Parking
Immaculate condition, this office building is 90% leased and entirely dedicated to high-end coworking. It features 24,000 leasable square feet of turnkey luxury coworking space and two floors of structured parking.
This property has had tremendous upkeep, is in pristine condition with zero deferred maintenance, and was recently rehabbed in 2022.
Ideally located in central Fort Lauderdale, the property offers excellent access—just minutes from Downtown and a short 2-minute walk to the new $250 million courthouse, expected to open in 2026.
Prime Location
Situated within a 5-minute drive of over 2,500 new residential units currently under construction or in the development pipeline.
955 S Federal Highway is ideally positioned between Downtown Fort Lauderdale and the newly expanded 1.2 million SF Fort Lauderdale Convention Center, which includes over 800 hotel rooms, further enhancing the area’s live-work-play appeal.
High Visibility & Accessibility
The site boasts outstanding exposure to over 36,000 vehicles per day, offering exceptional branding and signage opportunities in a high-traffic corridor.
Thriving Market Fundamentals
Downtown Regional Fort Lauderdale continues to experience strong multifamily and commercial growth, with 27,000 residential units in the development pipeline—2,500 of which are located south of the Tarpon River and within walking distance of the property.
Proven Coworking Investment Model
The building’s established coworking operation offers flexible, high-demand workspace solutions. This model has demonstrated strong leasing velocity and income potential, providing a stable, scalable investment with future upside.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
48,106 SF
Building Class
B
Year Built/Renovated
1975/2019
Price
$17,311,375 CAD
Price Per SF
$359.86 CAD
Cap Rate
7%
NOI
$1,211,796 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
12,027 SF
Slab To Slab
14’
Building FAR
3.07
Lot Size
0.36 AC
Zoning
RAC-RPO - Commercial/Medical
Parking
53 Spaces (1.1 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Security System
  • Waterfront
  • Storage Space
  • Bicycle Storage
  • Central Heating
  • Direct Elevator Exposure
  • Partitioned Offices
  • Shower Facilities
  • Drop Ceiling
  • Air Conditioning
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-42-15-01-0130
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,768,274 CAD
  • Listing ID: 36755044

  • Date on Market: 2025-07-16

  • Last Updated:

  • Address: 955 S Federal Hwy, Fort Lauderdale, FL 33316

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