955 S Federal Hwy - Loft/Creative Space FOR SALE


Fort Lauderdale, FL 33316- Rio Vista
$12,500,000 USD
786-999-4541
955 S Federal Hwy, Fort Lauderdale, FL for Sale
$12,500,000 USD
Loft/Creative Space - FOR SALE
1/28
null | 2.43% Cap Rate

Jun '25


955 S Federal Hwy
Fort Lauderdale, FL 33316
Rio Vista


HIGHLIGHTS

  • • 24,000 SF Luxury Coworking Space: Entirely dedicated Coworking building in a prime Fort Lauderdale location, minutes from downtown.
  • • Unlocked Potential: Vacant 4th floor offers a unique opportunity for investors to create executive suites or occupy the space as an owner-user.
  • • Prime Location: Situated in central Fort Lauderdale along S Federal Highway, adjacent to the new $200M courthouse site and other major developments.
  • • High Visibility: Excellent exposure to over 36,000 vehicles per day, generating significant brand awareness.
  • • Strategic Location: Minutes from the Fort Lauderdale CBD, Broward Convention Center, Fort Lauderdale Beach, Port Everglades, and FLL Airport.
  • • Established Coworking Model: Proven investment model with high demand, providing flexibility and maximizing potential income.

OVERVIEW

CBRE, Inc. is pleased to present Skyspaces, a premier office building located at 955 S Federal Highway in Downtown Fort Lauderdale. This unique property boasts two full floors of state-of-the-art coworking space, totaling just under 24,000 square feet, above two floors of covered parking. Situated in the heart of Fort Lauderdale, Skyspaces offers unparalleled access to Las Olas Blvd, the Central Business District, Fort Lauderdale Beach, the Broward County Convention Center, and Port Everglades, as well as the Fort Lauderdale International Airport. With its prime location and luxury executive suite office space, Skyspaces is the perfect opportunity for an investor or owner-user looking to capitalize on the growing demand for coworking space in Downtown Fort Lauderdale. The property has been completely renovated in 2020 and features a range of top-notch amenities, including concierge services, virtual offices, dedicated security, a gym with showers, kitchen space, meeting rooms, and covered parking. With its flexible short-term leases and buildout options, Skyspaces offers multiple avenues for investors to maximize income or owner-users to occupy premium space. The 4th floor penthouse, totaling nearly 12,000 square feet, is currently vacant, providing an exciting opportunity to rent out prime coworking space and increase rental income. The surrounding area is undergoing significant revitalization, with a $196 million investment in a new courthouse planned for SE 11th Street, expected to be completed by late 2026. This development will attract a variety of restaurants and service providers to the area, further enhancing the property's desirability. Additionally, several new apartment buildings are being constructed or have recently been completed in the vicinity, including Rivr Lofts, Regatta at New River, and Vu New River. With a Publix Super Market, Whole Foods, and a range of restaurants and eateries within walking distance, Skyspaces offers a unique combination of convenience, amenities, and investment potential.

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$526 USD /SF

CAP RATE

2.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Skyspaces

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

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

786-999-4541

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786-999-4541

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