About This Home

This 2-bedroom, 1-bathroom condo at 102 S Peninsula Drive #202 in Daytona Beach, FL is listed for $129,000 ($148 per sqft). Built in 1972, the home offers 874 sqft of living space on a 0.63 acres lot.

Key Features

  • Built in 1972
  • 0.63 acre lot
  • 2 stories

Property Details

2 stories
1 full
#202
1972

Amenities

A/C
Listing 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 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.

Monthly Cost Estimate

$1,165/mo

20% down · 6.5% · 30 years

Principal$93
Interest$559
Insurance$38
HOA$475

Estimates only. Actual payments may vary.

Location

102 S Peninsula Drive #202

Daytona Beach, FL 32118

Ocean Garden Condo

Property Details

Flooring

Tile

Construction

Concrete

Parking

GuestAssigned

Heating

Electric (Heating)

Cooling

Central Air

Appliances

RefrigeratorElectric RangeDishwasher

Questions & Answers

This 2-bedroom, 1-bathroom condo at 102 S Peninsula Drive is listed at $129,000 ($148/sqft). The estimated monthly payment is $1,165 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $475/month.

Key features include: Built in 1972, 0.63 acre lot, 2 stories.

This property is listed by Trey Andrews.

TA

Trey Andrews

Agent at Realty Pros Assured

Listed by Realty Pros Assured · Broker phone: 3866777653 · View on Broker Site · Broker website

MLS# 1224207· Source: Daytona Beach Area Association of Realtors· 231 days on PropertySimple

Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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