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1600 Big Tree Road, SOUTH DAYTONA, FL 32119
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1600 Big Tree Road
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  • MLS#: V4946117 ( Multi-Family )
  • Street Address: 1600 Big Tree Road
  • Viewed: 5
  • Price: $1,800,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 0
  • Bedrooms: 10
  • Total Baths: 11
  • Days On Market: 5
  • Additional Information
  • Geolocation: 29.1566 / -81.043
  • County: VOLUSIA
  • City: SOUTH DAYTONA
  • Zipcode: 32119
  • Subdivision: Condo At Georgetown
  • Provided by: OCEANS LUXURY REALTY FULL SVC
  • Contact: Cheryl Gray
  • mfrmls
  • DMCA Notice
  • 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.
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Property Type
  1. Multi-Family
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