Basic Information

  • MLS # F10487310
  • Type Commercial
  • Status Active
  • Year Built 2007
  • Total Sqft 6,041
  • Date Listed 02/18/2025
  • Days on Market 124
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 5.35% NOI: $88,312.00

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Concrete
  • Style Commercial

Interior Features

  • Adjusted Sqft 6,041Sq.Ft
  • Cooling Description Central Air
  • Floor Description Carpet, Ceramic Tile
  • Heating Description Central
  • Sqft 6,041 Sq.Ft

Property Features

  • Address 121 S Orange Ave #1450N & 1470N
  • Aprox. Lot Size 6,041
  • Association Fee Frequency Monthly
  • City Other City- In The State Of Florida
  • Construction Materials Block
  • County Other
  • Furnished Info no
  • Listing Terms Cash
  • Occupant Type Tenant
  • Possession Close Of Escrow, Subject To Tenant Rights
  • Postal City Other City - In The State Of Florida
  • Public Survey Township 26
  • Roof Concrete
  • Sewer Description Other
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $0
  • Tax Legal desc P L A Z A N O R T H T O W E R C O M M E R C I A L C O N D O M I N I U M8820/4096 U N I T1450 N&1470 N
  • Tax Year 2024
  • Terms Considered Cash
  • Type of Property Commercial
  • Water Source Other
  • Year Built Details Resale

121 S Orange Ave #1450N & 1470N

Other City - In The State Of Florida, FL 32801

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