555 W Granada Boulevard Unit B7, Ormond Beach, FL 32174

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Sold Price
$130,500
List Price
$139,000
Status
Sold
MLS#
V4950463
Closing Date
Sep 17, 2026
Property Type
Quadruplex
Living Area
784
Lot Size
785
Region
Ormond Beach
Area
784
County
Volusia
Acres
0.02
Year Built
1988

Property Description

Income-producing executive office condominium with immediate cash flow and value-add potential! Renovated 784 SF office condo featuring three private suites, reception/waiting area, kitchenette, private restroom, keypad entry, and ample common parking. Two suites are leased with an existing shared occupancy arrangement generating additional rental income. Pursuant to the current lease, the shared tenant has the option to lease the entire suite at a higher rental rate upon transfer of ownership, providing built-in upside. Current gross annual income is approximately $22,880 with potential gross income of approximately $31,720 when fully leased. HOA includes roof, exterior maintenance, landscaping, parking, water, sewer, trash, and building insurance. Excellent Granada Blvd. location with approximately 35,000 AADT. Ideal investment or owner-user opportunity for medical, wellness, counseling, legal, insurance, accounting, or professional office use.

Additional Information

Roof
Shingle
Land Type
Sidewalks, No Deed Restriction
Parking
Common
Zoning
COMMERCIAL
Lot Size
785
Construction
Brick
Year Built
1988
Building Name
Boulevard I &And Ii Condo
Sewer
Public Sewer
Heating
Central
Subdivision
Boulevard 01 Condo
Unit
B7
Living Area
784
Style
Attached

Listing courtesy of NEXTIER. 386-243-5099

Selling Office: STELLAR NON-MEMBER OFFICE.

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