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102 S Peninsula Drive, Daytona Beach, FL

$129,000

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2

Beds

1

Bath

874

Square feet

0.63

Acres

About 102 S Peninsula Drive

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.

Features of 102 S Peninsula Drive

MLS® # 1224207
Price $129,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 874
Acres 0.63
Year Built 1972
Type Residential
Sub-Type Condominium
Status Active Under Contract

Community Information

Address 102 S Peninsula Drive
Area 14 - Daytona Peninsula S of Seabreeze
Subdivision Ocean Garden Condo
City Daytona Beach
County Volusia
State FL
Zip Code 32118

Amenities

Utilities Cable Connected, Sewer Connected, Water Connected
Parking Assigned, Guest
Is Waterfront No
Has Pool No

Interior

Interior Tile
Appliances Dishwasher, Electric Range, Refrigerator
Heating Electric
Cooling Central Air
Fireplace No
# of Stories 2
Stories Two

Exterior

Construction Concrete

Listing Details

OfficeRealty Pros Assured

Listing Map

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