955 S Federal Hwy - Loft/Creative Space FOR SALE


Fort Lauderdale, FL 33316- Rio Vista
$12,500,000 USD
781-367-1454
955 S Federal Hwy, Fort Lauderdale, FL for Sale
$12,500,000 USD
Loft/Creative Space - FOR SALE
1/9
null | 7% Cap Rate

NEW


955 S Federal Hwy
Fort Lauderdale, FL 33316
Rio Vista


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

955 S Federal Highway

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Medical, Telecom Hotel/Data Hosting, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

RAC-RPO

APN/PARCEL ID

50-42-15-01-0130

ASK ABOUT THIS PROPERTY

Caio MartinCurrent Capital Real Estate GroupMore Info
781-367-1454

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Caio MartinCurrent Capital Real Estate GroupMore Info
781-367-1454

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.