Active

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% 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 : 76228056

MLS Id : MFRFC316975

Beds : 2

Lot Size : 0.63 Acre

Living Area Size : 874

Year Built : 1972

County : Volusia

Subdivision: Ocean Gardens Condo

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 2

Bathroom Information

Total Baths: 1 Full Baths: 1

Interior Features

Thermostat Roof: Shingle Appliances: Dishwasher, Range, Refrigerator Laundry Features: Other

Roofing Information

Shingle
Flooring Information

Flooring: Ceramic Tile Construction Materials: Block
Heating & Cooling

Heating: Central Cooling: Central Air WaterSource: Public

Building Information

Year Built: 1972
Exterior Features

Garden Construction Materials: Block Foundation Details: Slab

Lot Information

Lot Square Feet: 27324 Lot Acres: 0.63 Lot Size (SqMt): 2538

Property Information

Property Type: Residential Sub Type: Condominium

Listing Price Information

Original List Price:$135000

Tax Information

Tax Block: 3 Tax Book Number: 8639-3825 Tax Lot: 3 Tax Legal Description: 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 Annual Tax: $1513 Tax Year: 2025 Parcel Number: 5308-07-00-0130

Virtual Tour

Virtual Tour (External Link)

Homeowners Association Information

Included Fees: Insurance, Sewer, Trash, Water

Utility Information

Cable Available, Electricity Connected, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
Location Information

Subdivision: OCEAN GARDENS CONDO City: DAYTONA BEACH 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	$485,000	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	$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

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ByOwner last updated this listing 06/11/2026 @ 18:20

MLS: MFRMLS #FC316975 LISTED BY: Richard Andrews, REALTY PROS ASSURED 386-677-7653 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)