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$1,600,000
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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.
Full Property Details
Full Property Details for 1600 Big Tree Rd
General
- Sold For: $1,600,000
- HOA FEE: $384/month
- Taxes: $1,611 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: V4946117
- Added to Site: 49 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Other
Rooms
Bathrooms
- Total Bathrooms: 11
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Other, Tennis Court(s)
Location
- Area: 32119 - Daytona Beach/S Daytona Beach
- County: Volusia
- Development Name: 32119 - Daytona Beach/S Daytona Beach
- Subdivision: CONDO AT GEORGETOWN
- Driving Directions: South on Clyde Morris from Beville Road; Right on Big Tree; Turn Right into Georgetown Lakes.
Community
- Community Name: 32119 - Daytona Beach/S Daytona Beach
- Association: Yes
- Assoc. Name: Georgetown Lakes
- Pet Restrictions: Check with HOA
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Other
- Roof: Shingle
- Square Feet: 15,750
- Sq. Ft. Source: Public Records
- Living Area: 15,750 Sq. Ft.
- Year Built: 1986
Lot Features
- Lot Size (Acres): 13.85
- Lot Size (Sq. Ft.): 603,206
- Lot Size: 13.8477
- Street/Road Desc.: Asphalt
Financial Considerations
- Association Fee: $384
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $1,611
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: UNIT F3 THE CONDOS AT GEORGETOWN LAKE PER OR 5850 PG 1792 PER OR 6331 PG 4199 PER OR 6356 PG 3929 PER OR 6562 PG 1156 PER OR 6691 PG 3696 PER OR 6691 PG 3699 PER OR 6691 PG 3702 PER OR 6691 PG 3705 PER OR 6900 PG 2213 PER OR 6919 PG 2001
- Flood Zone Info: AE
- APN: 5331160000F3
- Property ID: 5331160000F3
Listed and Sold by Oceans Luxury Realty Full Svc
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Schools
Schools serving 1600 Big Tree Rd
School District:Volusia County School District
| Name | Grades | Distance |
|---|---|---|
Atlantic High School, Port Orange, FL 1250 Reed Canal Road, Port Orange, FL 32129 | 9-12 | 1.1 mi |
South Daytona Elementary School 600 Elizabeth Pl, South Daytona, FL 32119 | PK-5 | 2.2 mi |
Silver Sands Middle School 1300 Herbert Street, Port Orange, FL 32129 | 6-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1600 Big Tree Rd
Date
Details
Price
Change
Source
12/29/2025
Sold
$1,600,000
-11.11%
MLS
11/29/2025
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1600 Big Tree Road, South Daytona, FL 32119 (MLS# V4946117) is a Multi-Family property that was sold at $1,600,000 on December 29, 2025. Want to learn more about 1600 Big Tree Road? Do you have questions about finding other Multi-Family real estate for sale in South Daytona? You can browse all South Daytona real estate or contact a Coldwell Banker agent to request more information.

