555 GRANADA BOULEVARD
ORMOND BEACH, FL 32174
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.
Facts & features
Interior
- Bedrooms
- 0
- Living area
- 784 sqft
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Luxury Vinyl
- Features
- Ninguno
Exterior & lot
- Lot size
- 785 sqft (0.02 ac)
- Roof
- Shingle
- Construction
- Brick
- Exterior
- None
Financial
- HOA dues
- $304 / monthly
- Annual tax
- $1,218 (2025)
- Price / sqft
- $177/sqft
Utilities
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
Property
- Property type
- Multi-Family
- Year built
- 1988
- Subdivision
- BOULEVARD 01 CONDO
- County
- Volusia
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR801256593
- Source
- Stellar MLS
Listed by Ursula Merrifield · NEXTIER
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 25 comparable sales within 3 miles of ORMOND BEACH, FL, this home is priced under RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $740/mo
- Property tax
- $104/mo
- Home insurance
- $200/mo
- HOA dues
- $304/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 13, 2026 | Listed | $139,000 | — |
NeighbourhoodSample data
Reference scores for ORMOND BEACH, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
Frequently asked questions
What would 555 GRANADA BOULEVARD, ORMOND BEACH cost per month?
About $1,178 a month: $703 principal and interest, $102 property tax, $70 insurance, $304 HOA. That assumes 20% down at 6.5% over 30 years.
Is 555 GRANADA BOULEVARD, ORMOND BEACH priced fairly?
It is listed at $139,000. There are not enough recent comparable sales close by to put a range around that yet, so the asking price is the honest answer.
How long has 555 GRANADA BOULEVARD, ORMOND BEACH been on the market?
It came on the market today.
Has the price of 555 GRANADA BOULEVARD, ORMOND BEACH changed?
The price has not moved since it was listed.
How big is 555 GRANADA BOULEVARD, ORMOND BEACH?
0 bed, null bath, 784 square feet. That is $177 a square foot.
What year was 555 GRANADA BOULEVARD, ORMOND BEACH built?
Built in 1988.
What is the HOA fee at 555 GRANADA BOULEVARD, ORMOND BEACH?
The association fee works out to $304 a month.
What are the property taxes at 555 GRANADA BOULEVARD, ORMOND BEACH?
Property tax works out to about $102 a month, $1,218 a year.
Is 555 GRANADA BOULEVARD, ORMOND BEACH still available?
It is still on the market.
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