555 W Granada Boulevard #B7, Ormond Beach, FL 32174 - Photo 1

1/1

$130,500

Sold
Closed
Multi-Family
0.02 Acres

1/1

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.

Full Property Details

Full Property Details for 555 W Granada Blvd #B7

General

Sold For: $130,500
HOA FEE: $304/month
Taxes: $1,218 (2025)
Status: Closed
Type: Multi-Family
Source: MidFloridaRegionalMLS
MLS ID: V4950463
Added to Site: 57 day(s) ago

Rental Information

Lease/Rent Term: 12 Months

Interior

Interior Features: Ninguno
Flooring: Luxury Vinyl

Exterior

Exterior Features: None

Parking

Parking Features: Common

Location

Area: 32174 - Ormond Beach
County: Volusia
Development Name: 32174 - Ormond Beach
Subdivision: BOULEVARD 01 CONDO
Driving Directions: Take Granada Blvd. east, pass Nova Road, condo located on the north side of Granada before Orchard St.

Community

Community Name: 32174 - Ormond Beach
Community Features: Sidewalks
Association: Yes
Assoc. Name: Boulevards/SOUTHERN STATES MANAGEMENT GROUP INC

Heating & Cooling

Cooling Type: Central Air
Heating Type: Central

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected

Structural Information

# Buildings: 7
Exterior Const.: Brick
Roof: Shingle
Square Feet: 784
Sq. Ft. Source: Public Records
Living Area: 784 Sq. Ft.
Year Built: 1988

Lot Features

Lot Size (Acres): 0.02
Lot Size (Sq. Ft.): 785
Lot Size: 785
Street/Road Desc.: Asphalt

Financial Considerations

Association Fee: $304
Assoc Fee Freq.: Monthly
Assoc Fee Desc.: Required
Condo Fee: $304
Condo Fee Freq: Monthly
Tax Amount: $1,218
Tax Year: 2025

Disclosures and Reports

Ownership: Condominium
Special Conditions: None
Legal Description: UNIT 7 BLDG B THE BOULEVARD I CONDO PER OR 3206 PG 0218 PER OR 5089 PG 4270 PER OR 7158 PG 0862 PER OR 7336 PG 3152 PER OR 7617 PGS 4806-4807
Flood Zone Info: X
APN: 424128020070
Property ID: 424128020070
Block/Lot/Section: B7

Listed by Nextier
Sold by Stellar Non-Member Office

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Schools

Schools serving 555 W Granada Blvd #B7

School District:Volusia County School District

Name	Grades	Distance
Tomoka Elementary School 999 Old Tomoka Road, Ormond Beach, FL 32174	PK-5	1.2 mi
Ormond Beach Middle School 151 Domicilio Avenue, Ormond Beach, FL 32174	6-8	1.9 mi
Seabreeze High School 2700 North Oleander Avenue, Daytona Beach, FL 32118	9-12	2.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 555 W Granada Blvd #B7

Date

Details

Price

Change

Source

9/17/2026

Sold

$130,500

-6.12%

MLS

8/13/2026

Listed

$139,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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555 W Granada Blvd, Ormond Beach, FL 32174 - Photo 1

Sold

$130,500