$139,000

555 W Granada Blvd Unit B-7 Ormond Beach, FL 32174

Lakevue Neighborhood

Estimated payment $1,474/month

-- Bed
-- Bath
784 Sq Ft
$177 Price per Sq Ft

Highlights

  • Luxury Vinyl Tile Flooring
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

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.

Listing Agent

Ursula Merrifield

NEXTIER Brokerage Phone: 386-243-5099 License #3520302 Listed on: 08/13/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1988

HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 784 Sq Ft Home
  • Luxury Vinyl Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block B7
  • Assessor Parcel Number 424128020070

Community Details

Overview

  • 7 Buildings
  • Boulevards/Southern States Management Group Inc Association, Phone Number (386) 446-6333
  • Visit Association Website
  • Boulevard 01 Condo Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $6,660
  • Gross Income $22,880

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,218

Year Built

Built in 1988

Lot Details

871 Sq Ft Lot

HOA Fees

$608 per month

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 784
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 784
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 785
  • Status: Active
  • Street Direction: W
  • Ownership: Condominium
  • Building Area Total Srch Sq M: 72.84
  • Escrow City: Deland
  • Escrow State: FL
  • Escrow Street Name: S. Woodland
  • RATIO Current Price By Calculate: 177.30
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • MFR_DockYN: 0
  • Attribution Contact: 386-243-5099
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Interior Amenities: Ninguno
  • Foundation Details: Slab
  • Other Equipment: None
  • Living Area Meters: 72.84

Exterior Features

  • Exterior Features: None
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12127C0214J

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 304
  • Association Fee Frequency: Monthly
  • Association Name: Boulevards/SOUTHERN STATES MANAGEMENT GROUP INC
  • Phone: 386-446-6333
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Condo Fees: 304
  • Monthly Condo Fee Amount: 304
  • Association URL: https://daytonapropertymanagement.com/
  • Development: Not On The List

Fee Information

  • Total Annual Fees: 7296.00
  • Total Monthly Fees: 608.00
  • Monthly HOA Amount: 304.00

Lot Info

  • Zoning: COMMERCIAL
  • Parcel Number: 424128020070
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: No
  • Total Actual Rent: 1740
  • Lease Restrictions YN: 1
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 22880
  • Total Num Buildings: 7

Tax Info

  • Tax Annual Amount: 1218
  • Tax Block: B7
  • Tax Book Number: 3206-218
  • Tax Lot: NA

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,218 $72,963 $13,345 $59,618
2025 $1,218 $74,413 $13,345 $61,068
2024 $1,104 $69,723 $9,420 $60,303
2023 $1,104 $67,585 $9,420 $58,165
2022 $1,048 $63,967 $9,420 $54,547
2021 $1,024 $58,180 $7,065 $51,115
2020 $1,052 $59,743 $7,065 $52,678
2019 $1,005 $56,632 $7,065 $49,567
2018 $868 $47,589 $4,710 $42,879
2017 $886 $46,435 $4,710 $41,725
2016 $861 $43,501 $0 $0
2015 $875 $42,672 $0 $0
2014 $796 $38,551 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/13/2026 08/13/26 For Sale $139,000 -- $177 / Sq Ft
Source: Stellar MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $59,500 Attorney
Special Warranty Deed $38,500 Attorney
Trustee Deed -- None Available
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $50,740 Balloon
Previous Owner $44,250 Commercial
Source: Public Records

Source: Stellar MLS

MLS Number: V4950463

Stellar MLS

APN: 4241-28-02-0070

Your Personal Tour Guide

Ask me questions while you tour the home.