102 S Peninsula Drive #202, Daytona Beach, FL 32118
Local realty services provided by:ERA Grizzard Real Estate
Listed by: trey andrews
Office: realty pros assured
MLS#:1224207
Source:FL_DBAAR
Price summary
- Price:$129,000
- Price per sq. ft.:$147.6
- Monthly HOA dues:$475
About this home
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....
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Home facts
- Year built:1972
- Subdivision & Development:Ocean Garden Condo
- Listing ID #:1224207
- Added:172 day(s) ago
- Updated:September 06, 2026 at 03:12 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:2
- Flooring:Tile
- Living area:874 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1972
- Building area:874 sq. ft.
- Lot area:0.63 Acres
Finances and disclosures
- Price:$129,000
- Price per sq. ft.:$147.6
- Tax amount:$1,513 (2025)
Parking
- Parking description:Assigned, Guest
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