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.
Address
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Address: 555 W GRANADA BOULEVARD
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City: Ormond Beach
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State/county: FL
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Zip/Postal Code: 32174
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Country: US
Details
Atualizado em agosto 13, 2026 no 8:01 pm-
Property ID V4950463
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Price $139,000
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Property Size 784 m²
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Land Area 0.02 m²
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Garage Size x x
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Year Built 1988
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Property Type Quadruplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional,Owner Financing
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Association Fee 304
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Roof Shingle
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Utilities BB/HS Internet Available,Cable Available,Electricity Connected,Sewer Connected,Underground Utilities,Water Connected
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Sewer Public Sewer
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Cooling Central Air
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Heating Central
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Flooring Luxury Vinyl
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County Volusia
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Property Type Residential Income
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Parking Common
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Community Features Sidewalks
Mortgage Calculator
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Down Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees