121 S Orange Ave 1450N & 1470N Other City - In The State Of Florida, FL 32801
Other
MLS #: F10487310
Courtesy Of RE/MAX Direct
Property InformationDescription
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
Features
- Age: 11-20 Years Old
- Architecture Style: Other
- Building Units: 2
- Exterior Type: Block
- Exterior Type: Concrete
- Floor Covering: Carpet
- Floors: 22
- Heating System: Central Furnace
- Home Owner Assessments Fee: $7,038.00
- Legal Description: PLAZA NORTH TOWER COMMERCIAL CONDOMINIUM 8820/4096 UNIT 1450 N & 1470 N
- MLSID: F10487310
- Roof Type: Concrete
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121 S Orange Ave 1450N & 1470N, Other City - In The State Of Florida, FL 32801
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