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Under contract-accepting backup offers. Positioned just south of Downtown Orlando and minutes from Orlando Regional Medical Center (ORMC), this well-located commercial property offers exceptional visibility along South Orange Avenue, one of the area’s primary north–south corridors. The site benefits from strong daily traffic counts and convenient access to Downtown Orlando, I-4, and the surrounding medical, professional, and commercial districts.
The property’s proximity to Orlando Health’s main medical campus makes it particularly attractive for medical office, professional services, healthcare support, or general office users seeking close adjacency to hospital facilities and downtown amenities. Surrounding uses include medical offices, clinics, professional buildings, retail, and residential neighborhoods, creating a steady daytime population.
With prominent frontage on S Orange Avenue, easy ingress and egress, and a central location within Orlando’s medical and business core, 1118 S Orange Avenue presents a compelling opportunity for owner-users or investors looking to establish a presence in a high-demand corridor near ORMC. Fully leased with tenant in place until December 31, 2026.
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $561 | $561 | $561 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,423 | $3,511 | $4,617 |
| Total Monthly Payment | $4,076 | $4,164 | $5,270 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.