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$1,550,000
Est. payment /mo
6,041 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10487310
Construction Status Resale
HOA Fees $7,038/mo
HOA Y/N 7038
Total Fin. Sqft 6401
Year Built 2007
Tax Year 2024
Lot Size 6,041 Sqft
Property Sub-Type Commercial
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 5.35% NOI: $88,312.00
Location
State FL
County Other County
Area Other Geographic Area (Out Of Area Only)
Zoning OFFICE
Interior
Heating Central Building A/C
Cooling Central Building A/C
Flooring Carpeted Floors, Ceramic Floor
Exterior
Roof Type Concrete Roof
Building
Story 22.0000
Foundation Concrete Block Construction
Sewer Other Sewer
Water Other
Construction Status Resale
Others
HOA Fee Include 7038
Ownership Corporation
Security Features Security Guard
Acceptable Financing Cash
Listing Terms Cash
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Listed by RE/MAX Direct
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