121 S Orange AVE #1450N & 1470N, Orlando, FL 32801
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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
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121 S Orange AVE #1450N & 1470N Orlando, FL 32801

6,401 SqFt


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,401 sqft

Price per Sqft $241

MLS Listing ID F10487310

HOA Fees $7,038/mo

HOA Y/N Yes

Year Built 2007

Tax Year 2024

Lot Size 6,220 Sqft

Acres 0.1428

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 Florida Other

Direction Take Exit 259 for I-4 East toward Orlando, I-4 East continue for 8 miles. Take Exit 82B for Anderson St toward Downtown., Keep left, follow South St & merge onto South St. 0.5 miles, then right onto S Orange Ave. 121 S Orange Ave will be on your left.

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Ceramic Tile

Exterior

Utilities Available Sewer Available

Roof Type Concrete

Private Pool Yes

Building

Story 1

Sewer Not Connected (at lot), Public Sewer, Other

Water Other

Level or Stories One

Structure Type Block

Others

HOA Fee Include Maintenance Structure

Senior Community No

Tax ID 262229715614500

Ownership Corporation

Security Features Security Guard,Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by RE/MAX Direct

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Sylvio Martini
Sylvio Martini

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121 S Orange AVE #1450N & 1470N