121 S Orange Avenue 1450N & 1470N, FL 32801 — MLS photo

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

Active · CommercialSale

$1,549,000

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

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2007
Lot size
6,041 sq ft
HOA fee
$7,038
Annual tax
—

About this property

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

Property location

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

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
CommercialSale
Year built
2007
Lot size
6,041 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$7,038
County
Other
MLS listing ID
F10487310
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$10,069

Cap rate
-2.1%
Net yield
-2.1%
Cash-on-cash return
-27.9%
Gross yield
6.6%
Mortgage payment
$7,343/mo
Down payment
$387,250
Loan amount
$1,161,750
Annual NOI
-$32,714

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.