102 S Peninsula Drive Unit 202, Daytona Beach, FL 32118

$129,000
2
BD
1
BA
874
SqFt

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List Price
$129,000
Status
Active
Days on Market
154
Price Change
▼ $6,000 1783122488
MLS#
FC316975
Property Style
Condo
Year Built
1972
Bedrooms
2
Bathrooms
1
Living Area
874
Lot Size
27,324
Acres
0.63
Building Name
Ocean Garden Condominium
Legal Subdivision Name
Ocean Gardens Condo
MLS Area Major
Daytona Beach/Holly Hill

Property Description

Investor opportunity in the heart of Daytona Beach! Unit 202 at Ocean Garden Condominiums is a rare fully furnished 2-bedroom, 1-bath condo currently rented at $1,800/month, offering immediate income potential with an estimated cap rate of approximately 9.7% at the current asking price. (minimum rental 30 days) One of only a few 2-bedroom units in the community, this turn-key property is ideal for investors seeking strong cash flow, a snowbird rental, or a low-maintenance beachside asset with proven rental appeal. The community allows 30-day minimum rentals, creating flexibility for both seasonal and extended-stay tenants. The unit has been thoughtfully refreshed with numerous updates, including fresh interior paint, new interior doors, updated light fixtures, new blinds, new vanity top, new range, and updated smoke detectors. The HVAC system was replaced in July 2025, providing added value and peace of mind for future ownership. Located just steps from the beach and within walking distance to the Daytona Beach Main Street Pier, Boardwalk, restaurants, nightlife, and entertainment district, this property sits in one of the area’s most active tourist and rental corridors. Offered fully furnished and move-in ready, this condo presents an excellent opportunity to own an income-producing property in one of Daytona Beach’s most walkable coastal locations.

Additional Information

Minimum Lease
1 Month
HOA Payment Schedule
Monthly
Maintenance Includes
Insurance, Sewer, Trash, Water
Condo Fees
$475
Condo Fees Term
Monthly
Community Features
None, No Deed Restriction
Property Description
One Story
Zoning
0401
Interior Layout
Thermostat
Interior Features
Thermostat
Floor
Ceramic Tile
Appliances
Dishwasher, Range, Refrigerator
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Garden
Roof
Shingle
Foundation
Slab
Pool
No Pool
Pets
Allowed
Floor Number
2

Listing courtesy of REALTY PROS ASSURED. 386-677-7653

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