121 S Orange Avenue 1450N & 1470N, FL 32801
- $1,549,000
- $1,549,000
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
Address
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Address: Orange
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City: Orlando
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State/county: Other
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Zip/Postal Code: 32801
Details
Updated on March 30, 2026 at 6:01 pm-
Property ID F10487310
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Price $1,549,000
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Land Area 0.14 Sq Ft
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Bathroom 0
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Year Built 2007
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Property Type Business
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Property Status Commercial Sale
Additional details
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AssociationFee 7038
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AssociationFeeFrequency Monthly
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Building Area Total 6401
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Building Features Elevators
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Business Type Commercial, Residential
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Cooling CentralAir
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Days On Market 401
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DistanceToFreewayNumeric 3
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Documents Available BylawsAndAmendments, Lease
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FinancialDataSource Owner
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Flooring Carpet, CeramicTile
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Gross Income 106878
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GrossScheduledIncome 193467
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Heating Central
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Internet Automated Valuation Display YN 1
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Leasable Area 6401
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Levels One
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ListAgentURL http://www.CarlosSellsFlorida.com
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Listing Terms Cash
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Lot Size Area 6041
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Lot Size Square Feet 6220.37
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Mobile Dim Units Feet
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Net Operating Income 92377
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NumberOfBuildings 1
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NumberOfUnitsTotal 2
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Occupant Type Tenant
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Other Expense 0
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Ownership Type Corporation
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ParkingTotal 0
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Possession CloseOfEscrow, SubjectToTenantRights
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Property Condition Resale
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RoadFrontageType CityStreet
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Security Features SmokeDetectors, SecurityGuard
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Stories 1
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Street Suffix Avenue
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Utilities SewerAvailable
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Water Source Other
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Zoning OFFICE
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees