725 W Granada Boulevard #10
About This Property
The manager has listed the unit size as 1080 square feet.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 1, 2024 | No longer available | - | |
| No longer available | |||
| Aug 19, 2023 | Listed | $179,900 | |
| Listed | |||
| | |||
|
Prime office or medical space on Granada Blvd in Ormond Beach. Excellent location with abundant parking.. Opportunity to own instead of rent. The space has high ceilings & storm rated doors and windows. The price is for shell space so the buyer can design their own build-out. The adjacent 1,620 sq/ft space is available (MLS 1116122) so it could be combined for 2,700 sq/ft of space if needed. A Granada Blvd sign panel is included. The impact fees for office use are included! Condo fee is $265.00 per month. Includes water, building ins, reserves, grounds, & mgmt. Attached are example floor plans for the same size space that have been built out. Own and build equity instead of renting. Perfect for attorney, accounting, chiropractor, CPA, psychology, medical specialist, etc.. The manager has listed the unit size as 1080 square feet.
| |||
| Jul 2, 2023 | No longer available | - | |
| No longer available | |||
| Feb 24, 2023 | Listed | $183,600 | |
| Listed | |||
| | |||
|
Own where you work. Prime office or medical space on Granada Blvd in Ormond Beach. The building is situated on a beautiful site with abundant parking and easy access. The space has high ceilings & storm rated doors and windows. The price is for shell space so the buyer can design their own build-out. Great opportunity to own the property for your business on Granada Blvd! Join some of the most prestigious businesses in Ormond Beach. A Granada Blvd sign panel is included. Ideal space for many medical and professional uses. The impact fees for office use are included! Condo fee is $265.00 per month. Includes water, bldg ins, reserves, grounds, & mgmt. Attached are example floor plans for the same size space. The manager has listed the unit size as 1080 square feet.
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| Jan 2, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/11/2023
|
Loft
|
-
|
27000 ft²
|
$665,900
Loft
-
27000 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
02/29/2024
|
Loft
|
-
|
1080 ft²
|
$450,000
Loft
-
1080 ft²
|
-
-
|
Allison Gartrell
Adams, Cameron & Co., Realtors
| |
|
02/24/2023
|
Loft
|
-
|
1080 ft²
|
$183,600
Loft
-
1080 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
11/21/2023
|
Loft
|
-
|
27000 ft²
|
$20
Loft
-
27000 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
11/10/2023
|
Loft
|
-
|
27000 ft²
|
$486,000
Loft
-
27000 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
04/22/2022
|
Loft
|
-
|
1080 ft²
|
$189,900
Loft
-
1080 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
10/22/2020
|
Loft
|
-
|
27000 ft²
|
$189,900
Loft
-
27000 ft²
|
-
-
|
Greg Antonich
RE/MAX Signature
| |
|
03/09/2019
|
Studio
|
-
|
27000 ft²
|
$179,900
Studio
-
27000 ft²
|
-
-
|
-
| |
|
03/09/2019
|
Studio
|
-
|
27000 ft²
|
$349,900
Studio
-
27000 ft²
|
-
-
|
-
| |
|
09/03/2018
|
Studio
|
-
|
27000 ft²
|
$379,900
Studio
-
27000 ft²
|
-
-
|
-
| |
|
09/03/2018
|
Studio
|
-
|
1080 ft²
|
-
Studio
-
1080 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017