102 S Peninsula Drive Unit 202, Daytona Beach, FL 32118
- $129,000
- 2
- BD
- 1
- BA
- 874
- SqFt
- List Price
- $129,000
- Status
- Active
- MLS#
- FC316975
- Price Change
- ▼ $6,000 1783122488
- Property Type
- Condo
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 874
- Lot Size
- 27,324
- Region
- Daytona Beach/Holly Hill
- Area
- 874
- County
- Volusia
- Acres
- 0.63
- Year Built
- 1972
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
- Roof
- Shingle
- Land Type
- None, No Deed Restriction
- Appliances
- Dishwasher, Range, Refrigerator
- Zoning
- 0401
- Lot Size
- 27,324
- Complex Name
- Ocean Gardens Condo
- Construction
- Block
- Pets
- Yes
- Year Built
- 1972
- Building Name
- Ocean Garden Condominium
- Sewer
- Public Sewer
- Heating
- Central
- Subdivision
- Ocean Gardens Condo
- Unit
- 202
- Living Area
- 874
- Style
- One Story
Listing courtesy of REALTY PROS ASSURED. 386-677-7653
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