FL
Volusia
SOUTH DAYTONA
32119
1600 BIG TREE ROAD
1600 BIG TREE ROAD, SOUTH DAYTONA, FL 32119
Share Listing
Listing Type
Multi Family
Listing Status
Active
87
$1,800,000

Home Details for 1600 BIG TREE ROAD

Price
$1,800,000
Type
Residential Income
Bedrooms
10
Bathrooms
11.0
Square feet
15750
Year built
1986
Lot size acres
13.85
County
Volusia
Garage
Days on site
8
MLS Listing#
V4946117
Hoa
384
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.

View Virtual Tour
Property Features
  • Utilities
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • House Interior
    • Other
Listing Courtesy: OCEANS LUXURY REALTY FULL SVC - 386-236-3700
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-11-30 00:31:35
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Stellar MLS.
EXIT REAL ESTATE PROPERTY SOLUTIONS
3132 S Ridgewood Ave, South Daytona, FL 32119
Office
386 763 3008
Request more details
Code: