About this home
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
Listing last checked: Listing updated:
Listed by Carlos A. Caicedo · RE/MAX Direct · MLS #F10487310
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Carpet, Ceramic Tile
Building4 property facts
- Style
- Business
- Year built
- 2007
- Parking
- 0
- Roof
- Concrete
Land & utilities3 property facts
- Lot size
- 0.14 acres
- Water
- Other
- Zoning
- OFFICE
Financial2 property facts
- Assessment year
- 2024
- HOA fee
- $7,038 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,549,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,833 / monthAdjust
- Principal & interest
- $7,833
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. Listing HOA fee: $7,038. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 121 S Orange Avenue #1450N & 1470N
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