Active

121 S Orange Ave 1450N & 1470N

Other City - In The State Of Florida FL, 32801

$1,650,000


$257.77 per sqft

Active

6,401 sqft

Commercial

Built in 2007

LCRE Group at Remax Direct presents a prime investment in downtown Orlando's Plaza Building - North Tower. This sale includes two income-producing office units totaling 6,401 sq. ft. Unit 1450N (4,538 sq. ft.) is a corner space with a balcony overlooking Orange Ave, featuring an open layout, conference rooms, private offices, a kitchen, and a breakroom, leased until March 31, 2027. Unit 1470N (1,683 sq. ft.) has a double-door entry, new paint, wood laminate floors, private offices, a reception area, a breakroom, and conference rooms with floor-to-ceiling windows showcasing downtown Orlando and Lake Eola, leased until October 31, 2026. This is a fantastic opportunity to acquire an income-generating asset in a prime location. CAP RATE at 5.35% NOI: $88,312.00

F10487310

MLS ID

February 18, 2025

Listed

February 21, 2025

Updated

Interior Features

Floor Description

Carpet, Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Concrete


Sewer

Other


Security

Fire Sprinkler System, Smoke Detector(s), Security Guard

Other Property Details

Area Name

5940


Days on Market

3


Association Fee

$7,038


Association Fee Frequency

Monthly


Garage

No


Parking Total

0


View

No


County

Other


Water Source

Other


Pool

No

Listed by: RE/MAX Direct
Listing Contact:  

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Data last updated 8:16 PM UTC, 2/21/2025

 

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