About 555 W Granada Boulevard B7
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.
Features of 555 W Granada Boulevard B7
| MLS® # | V4950463 |
|---|---|
| Price | $139,000 |
| Square Footage | 784 |
| Acres | 0.02 |
| Year Built | 1988 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
Listing Details
| Office | NEXTIER |
|---|
Listing Map
Neighborhood Information for 555 W Granada Boulevard B7
Low Residential Turnover
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Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
The Childrens House Private - Preschool to 5Th Grade |
1 Miles | |
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Pace Center For Girls Public - 6Th Grade to 12Th Grade |
1 Miles | |
|
Ormond Beach Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
Tomoka Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Temple Beth-El School Private - Preschool to 5Th Grade |
1 Miles | |
|
|
Reign Homeschooling Academy Private - Kindergarten to 8Th Grade |
1 Miles | |
|
|
Esformes Hebrew Academy Private - Preschool to 9Th Grade - Closest Middle School |
1 Miles |
School data provided by GreatSchools