555 W Granada Boulevard Unit B7, Ormond Beach, FL 32174
- $139,000
- 784
- SqFt
- List Price
- $139,000
- Status
- Active
- Days on Market
- 0
- MLS#
- V4950463
- Property Style
- Quadruplex
- Year Built
- 1988
- Living Area
- 784
- Price per sq. ft.
- 177.3
- Lot Size
- 785
- Acres
- 0.02
- Total Acreage
- 0 to less than 1/4
- Building Name
- Boulevard I &And Ii Condo
- Monthly Condo Fee
- 304
- Legal Subdivision Name
- Boulevard 01 Condo
- MLS Area Major
- Ormond Beach
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.
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Additional Information
- Taxes
- $1218
- Annual Gross Income
- 22880
- Hoa Fee
- $304
- HOA Payment Schedule
- Monthly
- Condo Fees
- $304
- Condo Fees Term
- Monthly
- Community Features
- Sidewalks, No Deed Restriction
- Property Description
- Attached
- Zoning
- COMMERCIAL
- Interior Features
- Ninguno
- Floor
- Luxury Vinyl
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Brick
- Exterior Features
- None
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Common
- Pets
- Not Allowed
- Flood Zone Code
- X
- Parcel ID
- 424128020070
- 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
Listing courtesy of NEXTIER. 386-243-5099
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