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

Ormond Beach
Local realty services provided by:ERA American Suncoast
555 W Granada Boulevard #B7,Ormond Beach, FL 32174
$139,000
  • - Beds
  • - Baths
  • 784 sq. ft.
  • Multi-family
  • Active
Listed by: ursula merrifield
Office: nextier
MLS#:V4950463
Source:MFRMLS

Price summary

  • Price:$139,000
  • Price per sq. ft.:$177.3
  • Monthly HOA dues:$304

About this home

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.

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Home facts

  • Year built:1988
  • Subdivision & Development:BOULEVARD 01 CONDO
  • Listing ID #:V4950463
  • Added:1 day(s) ago
  • Updated:August 13, 2026 at 08:41 PM

Rooms and interior

  • Flooring:Luxury Vinyl
  • Living area:784 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1988
  • Building area:784 sq. ft.
  • Lot area:0.02 Acres
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$139,000
  • Price per sq. ft.:$177.3
  • Tax amount:$1,218 (2025)

Features and amenities

  • Amenities:BB/HS Internet Available, Cable Available, Underground Utilities
  • Pool features:Public Pool

Parking

  • Parking description:Common
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