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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
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
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Controlled Access
- Property Manager on Site
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl-Ste 204
- 485 SF
- Office
- -
- Now
Professional corner office suite featuring an open floor plan with one private office. The space offers abundant natural light through multiple windows, creating a bright and welcoming work environment. Located within a well-maintained professional building with ample on-site parking for tenants and visitors. Ideal for a variety of office users seeking a functional and professional setting. Maintenance is not included in the rental rate.
- 3rd Fl-Ste 390
- 687 SF
- Office
- -
- Jul 2026
- 7th Fl-Ste 750
- 1,092 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 204 | 485 SF | Office | - | Now |
| 3rd Fl-Ste 350 | 1,096 SF | Office | - | Jul 2026 |
| 3rd Fl-Ste 390 | 687 SF | Office | - | Jul 2026 |
| 7th Fl-Ste 750 | 1,092 SF | Office | - | Now |
2nd Fl-Ste 204
| Size |
| 485 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl-Ste 350
| Size |
| 1,096 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Jul 2026 |
3rd Fl-Ste 390
| Size |
| 687 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Jul 2026 |
7th Fl-Ste 750
| Size |
| 1,092 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl-Ste 350
| Size | 1,096 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Jul 2026 |
Professional corner office suite featuring an open floor plan with one private office. The space offers abundant natural light through multiple windows, creating a bright and welcoming work environment. Located within a well-maintained professional building with ample on-site parking for tenants and visitors. Ideal for a variety of office users seeking a functional and professional setting. Maintenance is not included in the rental rate.
Property Taxes
| Parcel Number | 49-42-12-00-0070 | Improvements Assessment | $8,321,880 (2026) |
| Land Assessment | $3,071,790 (2026) | Total Assessment | $11,393,670 (2026) |
Property Taxes
Presented by
Federal Tower | 1600 S Federal Hwy
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