- $1,549,000
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
Address
Open on Google Maps-
Address: Orange
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City: Orlando
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State/county: Other
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Zip/Postal Code: 32801
Details
Updated on July 17, 2026 at 3:57 pm-
Property ID F10487310
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Price $1,549,000
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Land Area 0.14 Sq Ft
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Year Built 2007
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Type Business
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Property Status CommercialSale
Additional details
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AssociationFee 7038
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AssociationFeeFrequency Monthly
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BuildingAreaTotal 6401
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BuildingFeatures Elevators
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BusinessType Commercial, Residential
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CLIP 4601060881
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ConstructionMaterials Block
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ContractStatusChangeDate 2025-02-18
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Cooling CentralAir
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CumulativeDaysOnMarket 471
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CurrentPrice 1549000
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DaysOnMarket 471
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DaysOnMarketReplication 471
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DaysOnMarketReplicationDate 2026-06-04
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DaysOnMarketReplicationIncreasingYN 1
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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.
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DistanceToFreewayNumeric 3
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DocumentsAvailable BylawsAndAmendments, Lease
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DocumentsChangeTimestamp 2026-02-19T18:31:27.000-00:00
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DocumentsCount 0
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FinancialDataSource Owner
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Flooring Carpet, CeramicTile
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GrossIncome 106878
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GrossScheduledIncome 193467
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Heating Central
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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LeasableArea 6401
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Levels One
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ListAOR BeachesMls
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ListAgentAOR BeachesMls
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ListAgentDirectPhone 754-368-0783
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ListAgentEmail Carlos@carlossellsflorida.com
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ListAgentFirstName Carlos
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ListAgentFullName Carlos A. Caicedo
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ListAgentKey 26866099
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ListAgentKeyNumeric 26866099
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ListAgentLastName Caicedo
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ListAgentMiddleName A.
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ListAgentMlsId 3097908
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ListAgentNationalAssociationId 278025824
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ListAgentOfficePhone 954-426-5400
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ListAgentPreferredPhone 754-368-0783
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ListAgentStateLicense 3097908
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ListOfficeAOR BeachesMls
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ListOfficeEmail ben@homesbydirect.com
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ListOfficeKey 5933705
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ListOfficeKeyNumeric 5933705
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ListOfficeMlsId 276646306
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ListOfficeName RE/MAX Direct
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ListOfficePhone 954-426-5400
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ListingAgreement ExclusiveRightToSell
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ListingContractDate 2025-02-18
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ListingKey 1117992617
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ListingKeyNumeric 1117992617
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ListingTerms Cash
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LotSizeArea 6041
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MLSAreaMajor 5940 - Other Florida County
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MajorChangeTimestamp December 8, 2025 at 01:35pm
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MajorChangeType PriceChange
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MapCoordinateSource Imported
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp June 4, 2026 at 08:26pm
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NetOperatingIncome 92377
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NumberOfBuildings 1
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NumberOfUnitsTotal 2
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OccupantType Tenant
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OnMarketDate 2025-02-18
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OnMarketTimestamp 2025-02-18T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-06-04T16:14:04.563-00:00
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OriginalEntryTimestamp February 18, 2025 at 05:54pm
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OriginalListPrice 1650000
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OriginatingSystemID M00000170
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OriginatingSystemKey 195896207
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OriginatingSystemListAgentMemberKey 1430832
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OriginatingSystemListOfficeKey 1153585
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OriginatingSystemModificationTimestamp 2026-06-04T16:14:04.563-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_BEACH
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OtherExpense 0
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OwnershipType Corporation
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ParcelNumber 262229715614500
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ParkingTotal 0
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Permission IDX
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PhotosChangeTimestamp June 4, 2026 at 08:26pm
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PhotosCount 14
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Possession CloseOfEscrow, SubjectToTenantRights
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PostalCity Orlando
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PostalCode 32801
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PostalCodePlus4 3221
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PreviousListPrice 1650000
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PriceChangeTimestamp December 8, 2025 at 01:35pm
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PropertyCondition Resale
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PropertySubTypeAdditional Business
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RoadFrontageType CityStreet
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Roof Concrete
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SecurityFeatures SmokeDetectors, SecurityGuard
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SourceSystemID TRESTLE
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SourceSystemKey 1117992617
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp February 18, 2025 at 12:19pm
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Stories 1
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StoriesTotal 22
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StreetDirPrefix S
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StreetName Orange
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StreetNumber 121
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StreetNumberNumeric 121
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StreetSuffix Avenue
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StructureType Office, Warehouse
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TaxLegalDescription PLAZA NORTH TOWER COMMERCIAL CONDOMINIUM 8820/4096 UNIT 1450 N & 1470 N
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TaxYear 2024
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UnitNumber 1450N & 1470N
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UniversalPropertyId US-12095-N-262229715614500-R-N
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Utilities SewerAvailable
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VideosChangeTimestamp 2026-06-04T20:26:58.320-00:00
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VideosCount 0
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WaterSource Other
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Zoning OFFICE
Features
Overview
- Business
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Down Payment
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Loan Amount
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees
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