102 S Peninsula Drive Unit 202, Daytona Beach, FL 32118
- $129,000
- 2
- BD
- 1
- BA
- 874
- SqFt
- List Price
- $129,000
- Status
- Active
- Days on Market
- 134
- Price Change
- ▼ $6,000 1783122488
- MLS#
- FC316975
- Property Style
- Condo
- Year Built
- 1972
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 874
- Lot Size
- 27,324
- Acres
- 0.63
- Building Name
- Ocean Garden Condominium
- Monthly Condo Fee
- 475
- Legal Subdivision Name
- Ocean Gardens Condo
- Complex/Comm Name
- Ocean Gardens Condo
- MLS Area Major
- Daytona Beach/Holly Hill
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.
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Additional Information
- Taxes
- $1513
- Minimum Lease
- 1 Month
- HOA Payment Schedule
- Monthly
- Maintenance Includes
- Insurance, Sewer, Trash, Water
- Condo Fees
- $475
- Condo Fees Term
- Monthly
- Community Features
- None, No Deed Restriction
- Property Description
- One Story
- Zoning
- 0401
- Interior Layout
- Thermostat
- Interior Features
- Thermostat
- Floor
- Ceramic Tile
- Appliances
- Dishwasher, Range, Refrigerator
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Garden
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Pets
- Allowed
- Floor Number
- 2
- Flood Zone Code
- X
- Parcel ID
- 5308-07-00-0130
- 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
Listing courtesy of REALTY PROS ASSURED. 386-677-7653
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