102 S Peninsula Drive Unit 202, Daytona Beach, FL 32118

$129,000
2
BD
1
BA
874
SqFt

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List Price
$129,000
Price Change
▼ $6,000 1783122488
MLS#
FC316975
Type
Condo
Property Style
Condo
Bedrooms
2
Bathrooms
1
Living Area
874
Lot Size
27,324
Subdivision
Ocean Gardens Condo
Year Built
1972

Property Description

Under contract-accepting backup offers. 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

Condo Maint. Fee
$475
Condo Maint. Fee Schedule
Monthly
Community Features
None, No Deed Restriction
Style
One Story
Exterior Construction
Block
HOA Schedule
Monthly
Mnthly. Maint. Incl.
Insurance, Sewer, Trash, Water
Interior
Thermostat
Interior Features
Thermostat
Appliances
Dishwasher, Range, Refrigerator
Exterior
Garden
Roof
Shingle
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Floor
Ceramic Tile
Heating
Central
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of REALTY PROS ASSURED.

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