SoldMulti FamilySold
1600 Big Tree Road
South Daytona, FL 32119
$1,600,000
- 10Beds
- 11Baths
- 15,750Sq Ft
- $102Per Sq Ft
- 13.85Acres
- 1986Built
- Subdivision
- Condo At Georgetown
- County
- Volusia
- MLS®
- V4946117
Overview
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.
Listing Snapshot
- Price
- $1,600,000
- Days On Site
- N/A
- Bedrooms
- 10
- Inside Area (SqFt)
- 15,750 sqft
- Total Baths
- 11
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 13.85 Acres
- Year Built
- 1986
- MLS® Number
- V4946117
- Status
- Sold
- Property Tax
- $1,611 (2024)
- HOA/Condo/Coop Fees
- $384 monthly
- Sq Ft Source
- Public Records
Property Details
General Features
8 items
- Acres
- 13.85
- Foundation
- Slab
- Pets
- Breed Restrictions, Cats OK, Dogs OK
- Property Sub Type
- Multi Family
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Water Source
- Public
- Zoning
- RESI
Interior Features
4 items
- Cooling
- Central Air
- Heating
- Central
- Interior
- Other
- Laundry Features
- Inside
Exterior Features
3 items
- Construction Details
- Other
- Exterior
- Other, Tennis Court(s)
- Roof
- Shingle
Community Features
6 items
- Association Fee
- $384.0
- Association Fee Frequency
- Monthly
- MLS Area
- 32119 - Daytona Beach/S Daytona Beach
- Township
- 15
- Financing Terms Available
- Cash
- Roads
- Asphalt
Location
1600 Big Tree Road, South Daytona, FL 32119 · 32119 - Daytona Beach/S Daytona Beach
Neighborhood & Commute
ZIP Code 32119
- Median household income
- $54,225
- Income per person
- $33,989
- Households
- 11,602
- Average household size
- 2.03
- Median age
- 45.9
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Closed











