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.