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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

$13M$2.8M$2.7M
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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

  1. Listing updated with changes from the MLS®
  2. Status changed to Closed

Friends & Family

Listing courtesy of OCEANS LUXURY REALTY FULL SVC (386) 316-7808

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-10 11:29 PM EST

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