1600 BIG TREE ROAD, South Daytona, FL 32119
- $1,800,000
1600 BIG TREE ROAD, South Daytona, FL 32119
- $1,800,000
Overview
- Multi Family, Residential Income
- 10
- 11
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.
Address
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Address: 1600 BIG TREE ROAD
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City: South Daytona
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State/county: FL
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Zip/Postal Code: 32119
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Country: US
Details
Updated on December 29, 2025 at 10:26 pm-
Property ID HZV4946117
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Price $1,800,000
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Land Area 13.85 Acres
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Bedrooms 10
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Bathrooms 11
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Garage Size x x
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Year Built 1986
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Property Type Multi Family, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash,Other
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Association Fee 384
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Roof Shingle
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Utilities Electricity Connected,Sewer Connected,Water Connected
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Sewer Public Sewer
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Cooling Central Air
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Heating Central
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County Volusia
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Property Type Residential Income
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