Ad #7431996
MLS #1224207
Investor opportunity in the heart of Daytona Beach! Unit 202 at
102 S Peninsula Dr 202, Daytona Beach, FL 32118
$129,000
2Beds
1Baths
874Sqft
0.63Acres
About this property
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 Features
2 Beds
1 Baths
874 Sqft
Built in 1972
0.63 Acres
2 Stories
Guest, Assigned
Siding: Concrete
Electric (Heating)
$1,513 / yr property tax
Volusia County
Ocean Garden Condo Community
Additional Photos
Contact Information
Trey Andrews
Realty Pros Assured
321-412-8236
Location
Listing Agent: Trey Andrews 321-412-8236
Broker: Realty Pros Assured 386-677-7653 Listing Site
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Realty Pros Assured 386-677-7653 Listing Site
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
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$129,000
2
Beds
1
Baths
874
Sqft
102 S Peninsula Dr 202, Daytona Beach, FL 32118
By contacting this agent you agree to these Terms and Conditions.
MLS# 1224207
Investor opportunity in the heart of Daytona Beach! Unit 202 at
$129,000
102 S Peninsula Dr 202, Daytona Beach, FL 32118
2
Beds
1
Baths
874
Sqft
0.63
Acres
$129,000
102 S Peninsula Dr 202, Daytona Beach, FL 32118
2 Beds
1 Baths
874 Sqft
0.63 Acres
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.
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Property Details
HOME DETAILS
2 Beds
1 Baths
874 Sqft
Built in 1972
0.63 Acres
2 Stories
EXTERIOR
Guest, Assigned
Siding: Concrete
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$1,513 / yr property tax
Volusia County
Ocean Garden Condo Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7431996
Viewed
86 times
Listing Status
Active
Added
Mar 17, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Daytona Beach Area Association of Realtors
Source Property ID
1224207
Listing Agent: Trey Andrews 321-412-8236
Broker: Realty Pros Assured 386-677-7653 Listing Site
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Realty Pros Assured 386-677-7653 Listing Site
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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