South Daytona, FL 32119,1600 BIG TREE RD
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South Daytona, FL 32119,1600 BIG TREE RD
South Daytona, FL 32119,1600 BIG TREE RD
South Daytona, FL 32119,1600 BIG TREE RD
South Daytona, FL 32119,1600 BIG TREE RD
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$ 1,800,000
Est. payment /mo
New

1600 BIG TREE RD South Daytona, FL 32119

10 Beds

11 Baths

15,750 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,750 sqft

Price per Sqft $114

Subdivision Condo At Georgetown

MLS Listing ID V4946117

Bedrooms 10

HOA Fees $384/mo

HOA Y/N Yes

Annual Recurring Fee 4608.0

Year Built 1986

Annual Tax Amount $1,611

Lot Size 13.850 Acres

Acres 13.85

Property Sub-Type Multi Family

Source Stellar MLS

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.

Location

State FL

County Volusia

Community Condo At Georgetown

Area 32119 - Daytona Beach/S Daytona Beach

Zoning RESI

Interior

Interior Features Ceiling Fans(s), Other

Heating Central

Cooling Central Air

Fireplace false

Laundry Inside

Exterior

Exterior Feature Other, Tennis Court(s)

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 10 to less than 20

Sewer Public Sewer

Water Public

Structure Type Other

New Construction false

Others

Pets Allowed Breed Restrictions, Cats OK, Dogs OK

Senior Community No

Ownership Fee Simple

Monthly Total Fees $384

Acceptable Financing Cash, Other

Membership Fee Required Required

Listing Terms Cash, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/V4946117


Stellar MLS
Listed by Cheryl Gray OCEANS LUXURY REALTY FULL SVC

GET MORE INFORMATION

Mark Gilbo

Mark Gilbo

Broker | License ID: 10491206207

+1(315) 804-4847

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1600 BIG TREE RD