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121-189 S Orange Ave
Orlando, FL 32801 Arts District

$585,000 - $1,600,000 USD

Office Residential Condos For Sale  •  2,995+ SF

Property Details

  • Property Type Office Residential
  • Total Building Size 500,000 SF
  • Lot Size 1.65 AC
  • Building Class A
  • Year Built 2006
  • Cap Rate 5.62 %
  • Tenancy Multiple
  • Zoning AC-3A/T/HP
69 Transit Score
97 Walk Score

3 Units Available

Name Condo Use Size Price Details
8th Floor - Unit 840N Office 4,818 SF $1,190,000 USD
  • Unit Size: 4,818 SF
  • Condo Use: Office
  • Price: $1,190,000 USD
  • Sale Type: Owner User
  • Price/SF: $246.99 USD
Description
Prime corner unit with sweeping views of Lake Eola and Downtown Orlando. This Suite offers 14 private offices, a large conference room, a break room, and a reception area. Available furnished or unfurnished. Call now for your private tour!
14th Floor - Unit 1410N Office 2,995 SF $585,000 USD
  • Unit Size: 2,995 SF
  • Condo Use: Office
  • Price: $585,000 USD
  • Sale Type: Owner User
  • Price/SF: $195.33 USD
Description
Newly updated office suite which includes reception area, conference room, break room, 3 private offices, and two open work space areas.

Sale Notes
SELLER FINANCING AVAILABLE
15th Floor - Unit 1520-1530 Office 6,784 SF $1,600,000 USD
  • Unit Size: 6,784 SF
  • Condo Use: Office
  • Price: $1,600,000 USD
  • Sale Type: Investment
  • Price/SF: $235.85 USD
Description
The two units, 1520 and 1530, are currently built out as five smaller office suites. Two of which are corner units, one has a balcony, and the other two are smaller footprints, which are rare and hard to come by. These smaller-sized units allow for a higher base rent, less vacancy, and a lower turnover when compared to the typical 3-4k RSF office condo in The Plaza.

Sale Notes
Fully Leased Office Condo Investment

Description 

THE PLAZA, Anchors Downtown Orlando’s Core Business District and is a Headway to the vibrant Sports Corridor. It was completed in 2007 and is considered one of the finest high-rises in Orlando.  It consists of both retail spaces (on the first floor) and office condos. The office suites are of top-grade quality. Built according to spec, the office condos spacious and luxurious appeal make these suites a HOT item especially at these rates! The Plaza boasts the following amenities -coffee shop, several restaurants, and salon.

Highlights

Beautiful custom office space available
A true live, work, play development
Fine and casual dining options available
1,600 space structured parking garage
12-screen Plaza Cinema Movie Theater and Café on site
Just blocks from City Hall, The New Performing Arts Center, New Amway Arena and proposed Sun Rail Stop

Property Flyers

Financial Summary

Cap Rate: 5.62 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Baker Barrios Architects, Inc. 11,747 SF
Your Office USA 16,624 SF

Amenities

  • Banking
  • Controlled Access
  • Conferencing Facility
  • Courtyard
  • Food Service
  • Property Manager on Site
  • Restaurant
  • Security System
  • Signage
  • Outdoor Seating
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Church Street (SunRail - Florida Department of Transportation) 1 min 5 min 0.3 mi
Lynx Central (SunRail - Florida Department of Transportation) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
Orlando International 20 min - 12.1 mi
Orlando Sanford International 36 min - 27.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Roger Soderstrom Jr. 321-340-5907 Stirling International Real Estate
Roger Soderstrom Jr. 321-340-5907 Stirling International Real Estate