1600 Big Tree Road, South Daytona, FL 32119
- $1,600,000
- 10
- BD
- 11
- BA
- 15,750
- SqFt
- Sold Price
- $1,600,000
- List Price
- $1,800,000
- Status
- Sold
- Days on Market
- 10
- Closing Date
- Dec 29, 2025
- MLS#
- V4946117
- Property Style
- Multi Family
- Year Built
- 1986
- Bedrooms
- 10
- Bathrooms
- 11
- Living Area
- 15,750
- Lot Size
- 603,206
- Acres
- 13.85
- Total Acreage
- 10 to less than 20
- Legal Subdivision Name
- Condo At Georgetown
- MLS Area Major
- Daytona Beach/S Daytona Beach
Property Description
Georgetown Lake 25-Unit 1BR Condo Portfolio | Stabilized Investment Opportunity Offered for sale is a rare, concentrated portfolio of 25 stabilized 1-bedroom, 1-bathroom condominium units within Georgetown Lake (Georgetowne Lake Condominiums) at 1600 Big Tree Rd, Daytona Beach/South Daytona, FL. All units are approximately 630 SF and located in a well-amenitized, professionally managed, 167-unit community. This portfolio is currently 23/25 occupied, with most leases running through next year, providing immediate in-place cash flow and minimal lease-up risk. The units have been under the same third-party property management company for years, with full historical records available, including rent rolls, lease documents, maintenance logs, financials, and upgrade history. This long management history allows a buyer to step into a clean, well-documented operation with a smooth transition. Georgetown Lake offers residents a full amenity package, including a community pool, tennis court, fitness center, clubhouse, landscaped grounds, and on-site management. Each unit has one assigned parking space plus access to guest parking. The community's one-year minimum lease requirement supports a stable, long-term resident base and reduces turnover compared to short-term or transient rentals. Located just minutes from I-95 and I-4, Daytona International Speedway, Daytona State College, Bethune-Cookman University, major employers, retail corridors, and a short drive to the beach, Georgetown Lake consistently attracts strong demand from students, young professionals, workforce tenants, and retirees seeking affordable, amenity-rich housing. This offering gives investors: A 25-unit, all 1BR/1BA portfolio in a 167-unit garden-style condo community 24/25 units occupied with leases largely in place through next year Long-term professional management with complete documentation for underwriting Desirable community amenities and on-site management that support occupancy and retention Operational efficiency and scalability from owning multiple units in a single location Upside potential through rent optimization and strategic interior upgrades over time This is an opportunity to acquire a turnkey, stabilized, and easily managed condo portfolio in a high-demand submarket of Daytona/South Daytona with strong fundamentals and clear upside.
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Additional Information
- Taxes
- $1611
- Annual Gross Income
- 303000
- Hoa Fee
- $384
- HOA Payment Schedule
- Monthly
- Community Features
- No Deed Restriction
- Zoning
- RESI
- Interior Layout
- Ceiling Fans(s), Other
- Interior Features
- Ceiling Fans(s), Other
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Other
- Exterior Features
- Other, Tennis Court(s)
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Pets
- Allowed
- Flood Zone Code
- AE
- Parcel ID
- 5331-16-00-00F3
- Legal Description
- UNIT F3 THE CONDOS AT GEORGETOWN LAKE PER OR 5850 PG 1792 PER OR 6331 PG 4199 PER OR 6356 PG 3929 PER OR 6562 PG 1156 PER OR 6691 PG 3696 PER OR 6691 PG 3699 PER OR 6691 PG 3702 PER OR 6691 PG 3705 PER OR 6900 PG 2213 PER OR 6919 PG 2001
Listing courtesy of OCEANS LUXURY REALTY FULL SVC. 386-236-3700
Selling Office: OCEANS LUXURY REALTY FULL SVC.Mortgage Calculator
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