102 S Peninsula Drive Unit 202, Daytona Beach, FL 32118
Ocean Garden Condo · Volusia County
Key Facts
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 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 Information
Property Type
Residential
Sub-Type
Condominium
Year Built
1972
Stories
2
Living Area
874 sq ft
Lot Size
0.63 acres
Days on Market
109
MLS® Listing#
1224207
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Construction
Foundation
Security
Utilities
Sewer
Water Source
Rooms
- Bedroom 115.00 x 11.00Main
- Bedroom 115.00 x 11.00Main
- Kitchen8.00 x 8.00Main
- Kitchen8.00 x 8.00Main
Financial Details
HOA
$475 / Monthly
Ocean Gardens Dondominium Assoociation
Annual Taxes
$1,513
Tax year 2025
Parcel Number
5308-07-00-0130
Directions
from Main Steet cross bridge to barrier island. Take right at S Peninsula. Go approx 1 block property on right.
Affordability Calculator
$25,800
Estimated monthly payment
$687/mo
Principal $103,200 · Est. interest $143,973 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Daytona Beach, FL
- $500,559
- Median Listing Price
- 118
- Median Days on Market
- 1,398
- Median Sq Ft
- $382
- Median Price / Sq Ft
- 27,460
- Active Listings
- This home’s price is 74% below the area median.
- Its price per sq ft is 61% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Daytona Beach, FL.
Location
Points of Interest in Daytona Beach, FL
Showing the Daytona Beach area map.
Nearby Schools
Imagination Station Montessori
Elementary · 0.8 mi away
Sunshine Safety Council
School · 0.8 mi away
Blue Jay Academy
School · 0.9 mi away
Children Country Club of Daytona Bch
Elementary · 0.9 mi away
Riverview Learning Center
School · 1.1 mi away
Lourdes Academy
School · 1.4 mi away
Ortona Elementary School
Elementary · 1.8 mi away
Nurtured Minds Learning Academy
School · 2.0 mi away
Turie T. Small Elementary School
Elementary · 2.1 mi away
Head Start Evec
School · 2.1 mi away
Campbell Middle School
Secondary · 2.3 mi away
Trinity Lutheran Church
School · 2.5 mi away
Mainland High School
Secondary · 2.9 mi away
Holly Hill Head Start
School · 3.0 mi away
Warner Christian Academy
School · 3.1 mi away
Holly Hill School
Elementary · 3.1 mi away
On Track School
School · 3.2 mi away
Amikids Volusia
School · 3.2 mi away
Seabreeze High School
Secondary · 3.2 mi away
Erau College of Aviation
School · 3.2 mi away
Commute Calculator
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Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 403 NW 50th Ct, Lot# 1415, Deerfield Beach, FL | $91,000 | 3 | 2 | 1,176 |
| 43 Markham B 43, Deerfield Beach, FL | $91,500 | 1 | 1 | 585 |
| 8104 Inspiration Drive C1, Miramar Beach, FL | $92,000 | 4 | 4 | 2,278 |
| 8106 Inspiration Drive A1, Miramar Beach, FL | $92,000 | 4 | 4 | 2,278 |
| 2501 W Golf Blvd 128, Pompano Beach, FL | $92,000 | 2 | 1 | 705 |
| 1015 SW 11th Avenue 12k, Hallandale Beach, FL | $92,000 | 2 | 1 | 848 |
Moving Cost Estimate
EXIT Agents in Daytona Beach
Listing Courtesy: Realty Pros Assured - 3866777653
Presented by: Trey Andrews
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.