Commercial Sale · Commercial
121 S Orange Avenue # 1470N, FL 32801, FL, 32801
Active541 days on marketListed Feb 18, 2025MLS #F10487310
About this property
The property at a glance
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
6,401
Building sq ft
$242
Price / sq ft
0.1428
Lot acres
2007
Year built
2
Units
1
Building
OFFICE
Zoning
Commercial
Property type
The numbers
Investment snapshot
6%
Cap rate
$92,377
Net operating income
$106,878
Gross income (yr)
$774,500
Price / unit
2
Units
Estimated payment (illustrative)
Estimated payment
$8,545/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Bridget to connect you with a commercial lender for real numbers.
Your team
The pros in your corner
Your agent
Bridget McLennon
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 121 S Orange Avenue # 1470N — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 121 S Orange Avenue # 1470N.
See it in person
Schedule a tour
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