121 S Orange Avenue 1450N & 1470N, FL 32801
$1,549,000 · $242 per sq ft · Commercial for sale
- Property type: Business
- Asking price: $1,549,000
- Price per sq ft: $242
- Building size: 6,401 sq ft
- Lot size: 6,220 sq ft
- Zoning: OFFICE
- Year built: 2007
- Units: 2
- Stories: 22
- Net operating income: $92,377/yr
- Cap rate: 6%
- Occupancy: 100%
- Buildings: 1
- Parcel ID: 262229715614500
- MLS#: F10487310
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
Building Features and Utilities
- Sewer Available
- Block
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| Suite(s) | 1450 | — | — | $12,767/mo | — |
| Suite(s) | 1470 | — | — | $3,838/mo | — |
2,920 units. Reported rent $289,848,120 a year ($24,154,010 a month).
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Gross scheduled income | $193,467/yr |
|---|---|
| Gross income | $106,878/yr |
| Net operating income | $92,377/yr |
| Cap rate at asking price | 6% |
Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.
About the Business at 121 S Orange Avenue 1450N & 1470N
- Included: Leases
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
RE/MAX Direct · ben@homesbydirect.com · Listing agent: Carlos A. Caicedo
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 121 S Orange Avenue 1450N & 1470N or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 121 S Orange Avenue 1450N & 1470N
- How much is 121 S Orange Avenue 1450N & 1470N?
- 121 S Orange Avenue 1450N & 1470N is listed at $1,549,000, about $242 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is the cap rate on 121 S Orange Avenue 1450N & 1470N?
- The listing reports net operating income of $92,377 a year, a cap rate of about 6% at the $1,549,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
- What is 121 S Orange Avenue 1450N & 1470N zoned?
- The listing reports zoning of OFFICE. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 121 S Orange Avenue 1450N & 1470N?
- The listing reports 6,401 square feet of building.
- When was 121 S Orange Avenue 1450N & 1470N built?
- 121 S Orange Avenue 1450N & 1470N was built in 2007. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
- How do I tour 121 S Orange Avenue 1450N & 1470N?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.