102 S PENINSULA DRIVE UNIT 202

For sale Days on market 164

$129,000

$148/sq ft

$6,000
Price Decreased

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102 S PENINSULA DRIVE UNIT 202

For sale Days on market 164

$129,000

$148/sq ft

$6,000
Price Decreased

Overview

Bedroom

Bath

Year Built

1972

Sqft

874

Property Type

Condominium

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.

Property Details

MLS#

FC316975

Total Floor in Bldg

Address

102 PENINSULA S

City

DAYTONA BEACH

State/county

Zip/Postal Code

32118

Area

Ocean Gardens Condo

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Monthly

Tax Amount

$1,513

Maint Fee

$--

Tax Year

2025

Dishwasher

Range

Refrigerator

City

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