1600 Big Tree Road, South Daytona, FL 32119
$1,300,000
Property Type:
Residential Income
Bedrooms:
1
Square Footage:
10,000
Status:
Closed
Current Price:
$1,300,000
List Date:
10/18/2012
Last Modified:
9/23/2024
Description
30 UNITS!GREAT FOR RETIREMENT! GET A HIGHER RETURN THAN PUTTING THE MONEY IN THE BANK!-Excellent value on a bulk buy of 1 BR units in the tranquil Georgetowne Lakes development. The complex offers tennis, heated pool, fitness center and is surrounded by lush landscaping. Each unit has a private screened lanai and parking. Easy access to major highways and minutes to shopping, restaurants, educational facilities and the famed Daytona International Speedway. AN EXCELLENT INVESTMENT OPPORTUNITY
More Information MLS# 537069
Location, Tax, and Legal
Country: US
Parcel Number: 5331160000R2
Tax Annual Amount: 51000
Tax Year: 2008
Tax Legal Description: Too lengthy
Currently Not Used
Bedrooms Total: 1
Living Area Source: Appraiser
Building Area Total: 10000
Year Built: 1986
New Construction YN: No
Carport YN: No
Pool Private YN: No
Parking Total: 9
General Property Information
Lot Size Dimensions: 100000
Living Area: 10000
Number Of Units Total: 30
Association YN: Yes
Association Fee 2: 109
Association Fee 2 Frequency: Monthly
Directions: Clyde Morris South of Beville to West on Big Tree Road into Georgetown Lakes.
Public Remarks: 30 UNITS!GREAT FOR RETIREMENT! GET A HIGHER RETURN THAN PUTTING THE MONEY IN THE BANK!-Excellent value on a bulk buy of 1 BR units in the tranquil Georgetowne Lakes development. The complex offers tennis, heated pool, fitness center and is surrounded by lush landscaping. Each unit has a private screened lanai and parking. Easy access to major highways and minutes to shopping, restaurants, educational facilities and the famed Daytona International Speedway. AN EXCELLENT INVESTMENT OPPORTUNITY
Water Body Access YN: No
List Price/SqFt: 200
Sold Price/SqFt: 130
Bedrooms Total: 1
Year Built: 1986
Construction Materials
Frame: 1
Other: 1
Cooling
Central Air: 1
Current Use
Mixed Use: 1
Heating
Central: 1
Income and Expenses
Gross Income: 23352
Gross Scheduled Income: 280000
Net Operating Income: 122000
Parking Features
Off Street: 1
Unit 1 Details
Unit ID: 30
Actual Rent: 599
Unit SqFt: 672
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Parking Spaces: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): Multi Fam; Property Name: Gtl; Meters: # Electric Meters: 9, # Water Meters: 9; Financial Pkg: Yes; Franchise Opt In: No
Contract Information
Current Price: $1,300,000
Sold Price: $1,300,000
Status: Closed
Listing Contract Date: 2012-10-18
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: Georgetowne
MLS Area Major: 31 - Daytona S of Beville, W of Nova
Status Change Information
Major Change Timestamp: 2013-08-21T18:12:25Z
Major Change Type: Status Change
Purchase Contract Date: 2013-08-08
Close Date: 2013-08-19
Close Price: 1300000
Property Features
Construction Materials: Frame; Other
Cooling: Central Air
Current Use: Mixed Use
Heating: Central
Parking Features: Off Street
Listing Office:
NON ACTIVE FIRM
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.