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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.

Agent 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.

Key Features

  • Built in 1972
  • 0.63 acre lot

Property Details

1 full
#202
1972

Monthly Cost Estimate

$722/mo

20% down · 6.5% · 30 years

Principal$98
Interest$585
Insurance$39

Estimates only. Actual payments may vary.

Location

102 S PENINSULA DRIVE

Daytona Beach, FL 32118

OCEAN GARDENS CONDO

Features & Amenities

Interior Features

Thermostat

Exterior Features

Garden

Property Details

Flooring

TileTile - Ceramic

Construction

Block

Heating

Central

Cooling

Central Air

Appliances

DishwasherRangeRefrigeratorWasher

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 $585 based on 20% down at 6.5% interest.

Key features include: Built in 1972, 0.63 acre lot. Interior Features: Thermostat. Exterior Features: Garden.

This property is listed by Richard Andrews and can be reached at 3214128236 or trey@realtyprosassured.com.

RA

Richard Andrews

Agent at REALTY PROS ASSURED

(321) 412-8236

Listed by REALTY PROS ASSURED · View on Broker Site

MLS# FC316975· Source: listhub· Updated 77 days ago

Copyright © 2026 Stellar MLS. 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, Daytona Beach, FL 32118

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