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 22, 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
4
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 9:16 PM UTC, 2/22/2025