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About This Home
This 2-bedroom, 1-bathroom condo at 102 S Peninsula Drive in Daytona Beach, FL is listed for $135,000 ($154 per sqft). Built in 1972, the home offers 874 sqft of living space on a 0.63 acres lot.
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 percent 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.
Key Features
- Built in 1972
- 0.63 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$1,197/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
102 S Peninsula Drive
Daytona Beach, FL 32118
Ocean Garden Condo
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom condo at 102 S Peninsula Drive is listed at $135,000 ($154/sqft). The estimated monthly payment is $1,060 based on 20% down at 6.5% interest.
HOA fees are $475/month.
Key features include: Built in 1972, 0.63 acre lot, 2 stories.
This property is listed by Trey Andrews and can be reached at 3214128236 or trey@realtyprosassured.com.








