Categories
Office
Medical
About this property
- Three fully leased office condo units offered as a portfolio on Ormond Beach's busiest commercial corridor.
- Granada Professional Center offers three office condo units built in 2006, featuring high ceilings, storm-rated doors and windows, ample on-site parking, and prominent multi-tenant monument signage along W. Granada Boulevard (State Road 40), which carries over 33,500 vehicles per day.
- The units are 100% occupied by Hopkins Hearing Institute, Seahaven Chiropractic, and The Vanity Room Salon, delivering a diversified, healthcare-focused income stream supported by a surrounding trade area with an average age of 51.1 and household incomes approaching $84,300 within three miles.
- Offered at $772,000 with a 7% cap rate and a current NOI of $53,951.69, this is a rare, fully stabilized investment opportunity well suited for a private investor or 1031 exchange buyer seeking low management, cashflowing assets in a high-demand Florida market.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 2,692 sqft
- Zoning
- B-9
- Year Built
- 2006
- N O I
- $53,951.69
- Cap Rate
- 7%
- Parcel No
- 5 Parcels
Documents 1 file
Last updated: Oct 22, 2026
Location
- Address
-
725 W. Granada Boulevard Units 30-31, 46-47, 50
Ormond Beach, Florida 32174