For sale

$139,000

555 W GRANADA BOULEVARD #B7, ORMOND BEACH, FL 32174

--beds

0baths

784sqft

$1,593/mo

Get pre-qualified

Quadruplex, Multi Family

Built in 1988

-- sqft lot

$126,900 Zestimate^®

$177/sqft

$608/mo HOA

What's special

Three private suitesPrivate restroomKeypad entryAmple common parking

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.

1 day

76

2

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Central

Cooling

Central Air

Appliances

Laundry: None

Features

None
Flooring: Luxury Vinyl
Has fireplace: No

Interior area

Total structure area: 784
Total interior livable area: 784 sqft

Property

Parking

Parking features: Common

Features

Exterior features: None

Lot

Size: 785 Square Feet

Details

Parcel number: 424128020070
Zoning: COMMERCIAL
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family
Attached to another structure: Yes

Materials

Brick
Foundation: Slab
Roof: Shingle

Condition

Completed
New construction: No
Year built: 1988

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected

Community & HOA

Community

Features: Sidewalks
Pet fee: $0 monthly
Subdivision: BOULEVARD 01 CONDO

HOA

Has HOA: Yes
HOA fee: $608 monthly
HOA name: Boulevards/SOUTHERN STATES MANAGEMENT GROUP INC
HOA phone: 386-446-6333

Location

Region: Ormond Beach

Financial & listing details

Price per square foot: $177/sqft
Tax assessed value: $74,413
Annual tax amount: $1,218
Date on market: 8/13/2026
Cumulative days on market: 2 days
Listing terms: Cash,Conventional,Owner May Carry
Ownership: Condominium
Lease term: 12 Months
Total actual rent: 1740
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

$126,900

$109,000 - $145,000

$1,692/mo

Price history

Date	Event	Price
8/13/2026	Listed for sale	$139,000+133.6%$177/sqft
Source: Stellar MLS #V4950463 Report a problem
11/1/2018	Sold	$59,500+54.5%$76/sqft
Source: Public Record Report a problem
12/13/2016	Sold	$38,500-35.8%$49/sqft
Source: Public Record Report a problem
6/9/2003	Sold	$60,000$77/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,218 +7.8%	$74,413 +6.7%
2024	$1,130 +2.4%	$69,723 +3.2%
2023	$1,104 +5.3%	$67,585 +5.7%
2022	$1,048	$63,967 +9.9%
2021	--	$58,180 -2.6%
2020	$1,052	$59,743 +5.5%
2019	$1,052 +4.6%	$56,632 +19%
2018	$1,005 +15.8%	$47,589 +2.5%
2017	$868 -2%	$46,435 +6.7%
2016	$886 +2.9%	$43,501 +1.9%
2015	$861 -1.6%	$42,672 +10.7%
2014	$875	$38,551 -31%
2006	--	$55,900
2005	--	$55,900 +17.8%
2004	--	$47,460 +5%
2003	--	$45,200 +1.5%
2002	--	$44,550
2001	--	$44,550
2000	--	$44,550