1600 Big Tree Road, Daytona Beach, FL 32119

$1,800,000

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… Read More 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. Read Less

Courtesy of Oceans Luxury Realty Full Service LLC Cheryl Gray

Listing Snapshot

Days Online

Last Updated

Nov 21, 2025

Property Type

Multi Family

Beds

Full Baths

Lot Size

11 Acres

Year Built

1986

MLS Number

1220246

Additional Details

Property Access

Road surface type: "Asphalt"

Appliances & Equipment

"Refrigerator", "Electric Range"

Building

Built in 1986, Living area: 630, Other structures: "Tennis Court(s)", 25 total units

Floors

"Carpet", "Tile", "Vinyl", "Wood"

Heating

"Central"

Laundry

"In Unit"

Lot

11 acres, Size 11, 479,160 square feet, "Other"

Sewer

"Public Sewer"

Taxes

Tax annual amount: $570, Tax year: 2025

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