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102 S Peninsula Drive #202

Daytona Beach, FL 32118

$135,000 $569/Mo

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Overview

Bed

Bath

874

Sqft

0.63

Acre(Lot)

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.

Property Details

Property Type : Residential

Price : $135,000

AD Id : 76193708

MLS Id : 1224207

Beds : 2

Lot Size : 0.63 Acre

Living Area Size : 874

Year Built : 1972

County : Volusia

Subdivision: Ocean Garden Condo

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 2

Bathroom Information

Total Baths: 1 Full Baths: 1

Water/Sewer

Sewer: Public Sewer

Room Information

Other Rooms: 2
Flooring Information

Tile
Interior Features

Appliances: Refrigerator, Electric Range, Dishwasher
Heating & Cooling

Heating: Electric Cooling: Central Air WaterSource: Public

Building Information

Year Built: 1972 Stories: 2 Construction Materials: Concrete Security System: Carbon Monoxide Detector(s), Smoke Detector(s) Foundation Details: Slab
Exterior Features

Foundation Details: Slab

Lot Information

Lot Size Area: 0.63 Acres Lot Square Feet: 27,325 Stories: 2 Main Square Feet: 874

Property Information

Property Type: Residential Sub Type: Condominium SQ ft (Living Area): 874 Subdivision: Ocean Garden Condo MLS Area Minor: 14 - Daytona Peninsula S of Seabreeze Source Neighborhood: Ocean Garden Condo Construction Materials: Concrete Property Age: 54

Listing Price Information

Listing Id: 1224207 ist Price: $135,000 List Price Tot SqFt: $154 Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 5308-07-00-0130 Annual Tax: $1,513 Tax Year: 2025 Taxes: UNIT 13 OCEAN GARDENS CONDO PER OR 5893 PG 1790 PER OR 5945 PG 4456 PER OR 7112 PG 2103 PER OR 7330 PG 2652 PER OR 7331 PG 4450 PER OR 7519 PG 3012 PER OR 7519 PG 3013 PER OR 8084 PG 2282 PER OR 8639 PG 3825

Virtual Tour

Virtual Tour (External Link)

Parking Information

Assigned, Guest

Homeowners Association Information

Association YN: Yes HOA: $475.00 Monthly Association Fee Frequency: Monthly Association Name: Ocean Gardens Dondominium Assoociation

Utility Information

Cable Connected, Sewer Connected, Water Connected
Location Information

Direction: from Main Steet cross bridge to barrier island. Take right at S Peninsula. Go approx 1 block property on right.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
Undisclosed Address, Daytona Beach, FL, 32118	$349,000	2	2	1,372	1,372 SqFt
Undisclosed Address, Daytona Beach, FL, 32118	$155,000	1	1	563	563 SqFt
Residential, Daytona Beach, FL, 32118	$170,000	--	1	554	554 SqFt
3855 S Atlantic Avenue .., Daytona Beach Shores, FL, 32118	$479,000	2	2	1,372	1,372 SqFt
3855 S Atlantic Avenue .., Daytona Beach, FL, 32118	$475,000	2	2	1,372	1,372 SqFt
3855 S Atlantic Avenue .., Daytona Beach, FL, 32118	$485,000	2	2	1,372	1,372 SqFt
3855 S Atlantic Avenue .., Daytona Beach, FL, 32118	$699,000	3	3	1,810	1,810 SqFt
3851 S Atlantic Avenue .., Daytona Beach, FL, 32118	$1,139,000	3	3	2,680	2,680 SqFt
3757 S Atlantic Avenue .., Daytona Beach, FL, 32118	$485,000	2	2	1,363	1,363 SqFt
3799 S Atlantic Avenue .., Daytona Beach, FL, 32118	$560,000	3	2	1,706	1,706 SqFt