121 S Orange Avenue Unit 1450N & 1470N, Orlando, FL 32801

$1,549,000

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List Price
$1,549,000
Days on Market
556
MLS#
F10487310
Year Built
2007
Acres
0.14
MLS Area Major
5940 - Other Florida County

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

Additional Information

Hoa Fee
$7,038
Utilities
Sewer Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Roof
Concrete

Listing courtesy of RE/MAX Direct.

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Calculator source: Real Geeks