1600 BIG TREE ROAD
South Daytona, FL, 32119 $ 1,800,000
Bedrooms10 Baths11.0 Sq 15,750 Monthly Estimate*
$ 11,230
for $1,800,000 with 10 bedrooms and 11 full baths. This 15,750 square foot home was built in 1986 on a lot size of 13.85.
Under contract-accepting backup offers. 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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FeaturesInteriorInterior Amenities ceiling fan(s) other
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Laundry Features inside
Total Bedrooms 10
Total Baths 11
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GeneralSewer public sewer
Heating central
Cooling central air
Utilities electricity connected sewer connected water connected
Roof shingle
Zoning resi
HOA Fee 384
Construction Materials other
Pets Allowed breed restrictions cats ok dogs ok
Year Built 1986
Property Subtype multi family
Tax Year 2024
Ownership fee simple
Gross Income 303000
Assoc Fee Paid Per monthly
County volusia
New Construction no
Property Type residential income
HOA Y
Subdivision Name condo at georgetown
Garage Y/N no
Status pending
Directions south on clyde morris from beville road; right on big tree; turn right into georgetown lakes.
City south daytona
Association Name georgetown lakes
Senior Community Y/N no
Number Of Units Total 25
MLS Area 32119 - daytona beach/s daytona beach
Lot Size Units acres
Lot Size Square Feet 603206
Carport Y/N no
Listing Terms cash other
Land Lease Y/N no
Tax Annual Amount 1611
Additional Parcels Y/N no
Virtual Tour https://www.propertypanorama.com/instaview/stellar/v4946117
Building Area Units square feet
Living Area Units square feet
Standard Status pending
Occupancy Type tenant
Tax Lot 00f3
Total Actual Rent 26500
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 p
Water Access Y/N no
Monthly HOA Amount 384
Water View Y/N no
Flood Zone Code ae
DockY/N no
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ExteriorExterior Amenities other tennis court(s)
Water Source public
Lot Size Area 13.8477
Foundation Details slab
Number of Buildings 0
Lot Size Acres 13.85
Road Surface Type asphalt
Private Pool no
Waterfront Y/N no
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* Excluded FeaturesList ByOceans Luxury Realty Full SvcBroker
graycheryl08@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,230
- Monthly Property Taxes
- $134
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in South Daytona, FL
Average List Price $2,050,000
Percent of Sale Price 14%
About South Daytona, FL 13,675 Population
1% Since 2002
$ 35,952 Median Income
44.86 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/29/2025 | $1,800,000 | | Listed Price |