121 s orange ave 1450n & 1470nOther City - In The State Of Florida, FL 32801

$1,650,000Price
6,401 Sq.Ft.$258 / Sq.Ft.
6,401Sq.Ft.
$258per Sq.Ft.
$1,650,000Price
6,401$257.77 / Sq.Ft.

121 s orange ave 1450n & 1470nOther City - In The State Of Florida, FL 32801

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

Property Details for 121 S Orange Ave 1450N & 1470N

  • Property AttachedNo

LISTING UPDATED:

  • StatusActive
  • MLS #F10487310
  • Days on Site10
  • HOA Fees$7,038 / month
  • MLS TypeCommercialSale
  • Year Built2007
  • Lot Size0.14 Acres
  • CountryOther

Location

FLOther City - In The State Of Florida32801121 S Orange Ave 1450N & 1470N

Listing Courtesy of RE/MAX Direct - Carlos A. Caicedo

LISTING UPDATED:

  • StatusActive
  • MLS #F10487310
  • Days on Site10
  • HOA Fees$7,038 / month
  • MLS TypeCommercialSale
  • Year Built2007
  • Lot Size0.14 Acres
  • CountryOther

Building Information for 121 S Orange Ave 1450N & 1470N

Payment Calculator

$17,618 per month30 year fixed, 7.00% Interest
Principal and Interest$8,781.99
Property Taxes$8,250
HOA Dues$586.5

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Property Information for 121 S Orange Ave 1450N & 1470N

Summary

Location and General Information

  • Directions: 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.
  • Coordinates: 28.541113,-81.378708

School Information

    Taxes and HOA Information

    • Parcel Number: 262229715614500
    • Tax Year: 2024
    • Tax Legal Description: PLAZA NORTH TOWER COMMERCIAL CONDOMINIUM 8820/4096 UNIT 1450 N & 1470 N

    Virtual Tour

      Parking

      • Open Parking: No

      Interior and Exterior Features

      Interior Features

      • Cooling: CentralAir
      • Heating: Central
      • Basement: None
      • Flooring: Carpet, CeramicTile

      Exterior Features

      • Construction Materials: Block
      • Roof Type: Concrete
      • Security Features: FireSprinklerSystem, SmokeDetectors, SecurityGuard
      • Pool Private: No
      • Road Frontage Type: CityStreet

      Property

      Utilities

      • Sewer: Other
      • Water Source: Other

      Property and Assessments

      • Home Warranty: No
      • Property Condition: Resale

      Green Features

        Lot Information

          Multi Family

          • # Of Units In Community: 1450N & 1470N

          Rental

          Rent Information

          • Land Lease: No
          • Occupant Types: Tenant

          Public Records for 121 S Orange Ave 1450N & 1470N

          Tax Record

          Home Facts