121 S Orange AVE #1450N & 1470N, Orlando, FL 32801
121 S Orange AVE #1450N & 1470N, Orlando, FL 32801
121 S Orange AVE #1450N & 1470N, Orlando, FL 32801
121 S Orange AVE #1450N & 1470N, Orlando, FL 32801
121 S Orange AVE #1450N & 1470N, Orlando, FL 32801
121 S Orange AVE #1450N & 1470N, Orlando, FL 32801
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$ 1,549,000
Est. payment | /mo

6,401 SqFt


$ 1,549,000
Est. payment | /mo

6,401 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 6,401 sqft

Price per Sqft $241

MLS Listing ID F10487310

Construction Status Resale

HOA Fees $7,038/mo

HOA Y/N No

Year Built 2007

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Business

Property Description

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 6% NOI: $92,377.34

Location

State FL

County Other

Area 5940 - Other Florida County

Zoning OFFICE

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Fireplace No

Exterior

Utilities Available Sewer Available

Water Access Desc Other

Roof Type Concrete

Road Frontage City Street

Building

Dwelling Type Office,Warehouse

Building Description Block, Elevator(s)

Story 22

Entry Level One

Water Other

Level or Stories One

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 262229715614500

Security Features Smoke Detector(s),Security Guard

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/121-S-Orange-Ave-Unit-1450N-1470N-Other-City-In-The-State-Of-Florida-FL-32801/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Carlos A. Caicedo RE/MAX Direct

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121 S Orange AVE #1450N & 1470N