189 S Orange Avenue Unit 1450, Orlando, FL 32801
Office condo unit with private offices, open workspace, and dedicated IT/storage plus private restrooms inside a secured Class A tower.
- Added:
- Apr 20, 2026
- Days on Market:
- 70
- Last Refresh:
- Jun 15 at 8:06 am
Property Features for 189 S Orange Avenue Unit 1450
General Information
- Standard status
- Active
- Size
- 3,128 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing office ALPHA EQUITY REALTY & MANAGEMENT INC (407) 789-1002
Listing date Apr 20, 2026
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of ALPHA EQUITY REALTY & MANAGEMENT INC
HighLights
- Office condo unit in the Plaza South Tower, Class A, built in 2007
- Approximately 3,128 SF with a workstation/open workspace area
- Includes multiple private offices ranging from 83 SF to 373 SF
- Breakout lounges and flex rooms totaling 130‑327 SF
- Dedicated IT/storage room plus private restrooms and integrated kitchen/break area with cabinetry and plumbing
- Building offers 24/7 secured access and concierge, with attached garage parking
Overview
The building is described as a Class A office tower in the heart of Downtown Orlando at 189 S Orange Avenue. The property offers 24/7 secured access and concierge services. Parking is available in an attached garage. The tower is positioned near dining, retail, and major thoroughfares throughout Downtown Orlando.
This space is well suited for professional office users looking for a downtown presence, with a mix of collaborative workstation space and enclosed offices for team and individual work. Investors may also consider the opportunity as an office condo, with the offering noted as available for sale with a lease option for flexible occupancy or acquisition strategies.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.8k | $30.00 |
| − Vacancy | −$16.0k | −$5.10 |
| EGI | $77.9k | $24.90 |
| − OpEx | −$19.5k | −$6.23 |
| NOI | $58.4k | $18.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.3784657
- Latitude
- 28.5406135
