Closed
$1,600,000
1600 Big Tree Rd, Daytona Beach, FL 32119
8beds
630sqft
Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$2,540/sqft
$1,559 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,559/mo
Zestimate® history
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Owner options
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What's special
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.
Zillow last checked: 8 hours ago
Listing updated: December 29, 2025 at 02:23pm
Listed by:
Cheryl Gray 386-316-7808,
Oceans Luxury Realty Full Service LLC,
Chris Minniear 386-290-4522
Bought with:
Chris Minniear, 3544131
Oceans Luxury Realty Full Service LLC
Oceans Luxury Realty Full Service LLC
Source: DBAMLS,MLS#: 1220246
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator, Electric Range
- Laundry: In Unit
Features
- Flooring: Carpet, Tile, Vinyl, Wood
Interior area
- Total interior livable area: 630 sqft
Property
Parking
- Parking features: Parking Lot
Lot
- Size: 11 Acres
- Features: Other
Details
- Additional structures: Tennis Court(s)
- Parcel number: 5331160000F3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Daytona Beach
- Subdivision: Condo At Georgetown Lake, A Condo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $384 monthly
- Amenities included: Clubhouse, Fitness Center, Pool, Tennis Court(s)
- Services included: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
Other
Other facts
- Listing terms: Cash,Other
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2025 | Sold | $1,600,000-11.1%$2,540/sqft |
Source: | ||
| 12/9/2025 | Pending sale | $1,800,000$2,857/sqft |
Source: | ||
| 12/9/2025 | Contingent | $1,800,000$2,857/sqft |
Source: | ||
| 11/21/2025 | Listed for sale | $1,800,000+1340%$2,857/sqft |
Source: | ||
| 5/22/2025 | Listing removed | $125,000$198/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 32119
Nearby schools
GreatSchools rating
- 5/10South Daytona Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 3/10Silver Sands Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10Atlantic High SchoolGrades: PK,9-12Distance: 1.1 mi

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