- 2 beds
- 1 bath
- 864 sqft
102 S Peninsula Drive Unit 202Daytona Beach, FL, 32118
- Price per sqft
- $148
- Days on market
- 239
- Listed
- Mar 17
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% 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.
Top Villas Intelligence
Projected rental revenue and ownership costs
Property details
- Property type
- Condominium
- Street address
- 102 S Peninsula Drive Unit 202
- City
- Daytona Beach
- State
- FL
- ZIP code
- 32118
- Year built
- 1972
- New construction
- No
- Faces
- East
- Rooms
- 4
- Building stories
- 2
- Living area
- 874 sqft
- Total building area
- 874 sqft
- Levels
- One
Price & sale history
Asking price reduced by $6,000 (4.4%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #FC316975 | $129,000Change: −4.4%−$6,000 | −4.4%−$6,000 | |
| Listed for saleMLS #FC316975 | $135,000 | Not applicable | |
| SoldMLS #O6201125 | $125,000 | Not applicable | |
| Price reducedMLS #O6201125 | $130,000Change: −7.1%−$10,000 | −7.1%−$10,000 |
Location
























