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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

Overview

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

Listing Details MLS# 537069

General Property Information

Number Of Units Total
30
Bedrooms Total
Yes
Living Area
10000
Year Built
1986
Lot Size Dimensions
100000
Association YN
Yes
Association Fee 2
109
Association Fee 2 Frequency
Monthly
Water Body Access YN
No
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
List Price/SqFt
200
Sold Price/SqFt
130

Property Features

Construction Materials: Frame; Other Cooling: Central Air Current Use: Mixed Use Heating: Central Parking Features: Off Street

Contract Information

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

Income and Expenses

Gross Income
23352
Gross Scheduled Income
280000
Net Operating Income
122000

More Information

Unit 1 Details

Unit ID
30
Actual Rent
599
Unit SqFt
672
Full Baths Total
Yes
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

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
Yes
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

Construction Materials

Frame
Yes
Other
Yes

Cooling

Central Air
Yes

Current Use

Mixed Use
Yes

Heating

Central
Yes

Parking Features

Off Street
Yes
Listing Office: NON ACTIVE FIRM
Last Updated: September - 23 - 2024
Information deemed reliable but not guaranteed.

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