1600 Big Tree Road, Daytona Beach, FL 32119 (MLS# 1220246)

1600 Big Tree Road, Daytona Beach, FL 32119

$1,600,000

Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 630 Lot Size (sq. ft.): 479,160 Status: Closed

Current Price: $1,600,000 List Date: 11/21/2025 Last Modified: 12/29/2025

Overview

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.

Supplements: 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 tur ... (Read more)

Listing Details MLS# 1220246

General Property Information

Number Of Units Total: 25
Bedrooms Total: 8
Bathrooms Total: 8
Bathrooms Full: 8
Living Area: 630
Year Built: 1986
Lot Size Acres: 11
Association YN: Yes
Association Fee: 384
Association Fee Frequency: Monthly
CDD Fee YN: No
Directions: South on Clyde Morris from Beville Road; Right on Big Tree; Turn Right into Georgetown Lakes.
Public Remarks: 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.
List Price/SqFt: 2857.14
Sold Price/SqFt: 2539.68

Property Features

Appliances: Electric Range; Refrigerator Association Amenities: Clubhouse; Fitness Center; Pool; Tennis Court(s) Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure; Trash; Water Cooling: Central Air Current Use: Residential; Single Family Financial Data Source: Property Manager Flooring: Carpet; Tile; Vinyl; Wood Heating: Central Laundry Features: In Unit Listing Terms: Cash; Other Lock Box Type: Call Listing Office Lot Features: Other Other Structures: Tennis Court(s) Owner Pays: Association Fees; Management; Repairs; Taxes Parking Features: Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Sewer: Public Sewer Tenant Pays: Electricity; Telephone Utilities: Electricity Connected; Sewer Connected; Water Connected Contingency Reason: Inspection

Contract Information

Listing Contract Date: 2025-11-21
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 1600
Street Name: Big Tree
Street Suffix: Road
County: Volusia
State: FL
Postal Code: 32119
Subdivision Name: Condo At Georgetown Lake, A Condo
MLS Area Major: 31 - Daytona S of Beville, W of Nova

Status Change Information

Major Change Timestamp: 2025-12-29T22:23:43Z
Major Change Type: Status Change
Contingent Date: 2025-12-29
Purchase Contract Date: 2025-12-05
Close Date: 2025-12-29
Close Price: 1600000

Income and Expenses

Gross Income: 303000
Net Operating Income: 1311000

More Information

Unit 1 Details

Unit ID: C4
Actual Rent: 1025
Unit SqFt: 630
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: More information contact listing agent

Unit 2 Details

Unit ID: C5
Actual Rent: 975
Unit SqFt: 630
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: More information contact listing agent

Unit 3 Details

Unit ID: C8
Actual Rent: 975
Unit SqFt: 630
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: More information contact listing agent

Unit 4 Details

Unit ID: F3
Actual Rent: 1075
Unit SqFt: 630
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: More information contact listing agent

Unit 5 Details

Unit ID: F8
Actual Rent: 1065
Unit SqFt: 630
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: More information contact listing agent

Unit 6 Details

Unit ID: J3
Actual Rent: 1020
Unit SqFt: 630
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: More information contact listing agent

Unit 7 Details

Unit ID: M1
Actual Rent: 1175
Unit SqFt: 630
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: More information contact listing agent

Unit 8 Details

Unit ID: N1
Actual Rent: 1015
Unit SqFt: 630
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: More information contact listing agent

Location, Tax, and Legal

Country: US
Parcel Number: 5331-16-00-00F3
Tax Annual Amount: 569.82
Tax Year: 2025
Tax 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

Currently Not Used

Bedrooms Total: 8
Bathrooms Full: 8
Bathrooms Half: 0
Bathrooms Total: 8
Living Area Source: Appraiser
Year Built: 1986
New Construction YN: No
Garage YN: No
Carport YN: No

Lock Box Type

Call Listing Office: Yes

Appliances

Electric Range: Yes
Refrigerator: Yes

Association Amenities

Clubhouse: Yes
Fitness Center: Yes
Pool: Yes
Tennis Court(s): Yes

Association Fee Includes

Insurance: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Cooling

Central Air: Yes

Current Use

Residential: Yes
Single Family: Yes

Financial Data Source

Property Manager: Yes

Flooring

Carpet: Yes
Tile: Yes
Vinyl: Yes
Wood: Yes

Heating

Central: Yes

Laundry Features

In Unit: Yes

Listing Terms

Cash: Yes
Other: Yes

Lot Features

Other: Yes

Other Structures

Tennis Court(s): Yes

Owner Pays

Association Fees: Yes
Management: Yes
Repairs: Yes
Taxes: Yes

Parking Features

Parking Lot: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Sewer

Public Sewer: Yes

Tenant Pays

Electricity: Yes
Telephone: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Contingency Reason

Inspection: Yes

Listing Office: Oceans Luxury Realty Full Service LLC

Last Updated: December - 29 - 2025

Information deemed reliable but not guaranteed.

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