ActiveMLS# MFR784935420108 days on market
$129,000
$148 / sq ft
102 S PENINSULA DR #202
DAYTONA BEACH, FL, 32118
2Bedrooms
1Bathrooms
874Sq Ft
1972Year Built
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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.

Key Features

  • Built in 1972

Property Details

  • Type: Single Family Home
  • Year Built: 1972
  • Lot Size: 0 sq ft
  • Sq Ft: 874
  • Price / Sq Ft: $148
  • HOA: Contact Agent
  • Bedrooms: 2
  • Bathrooms: 1
  • Feature: Built in 1972
  • Status: Active
  • MLS Number: MFR784935420
  • Days on Market: 108
  • Listed By: REALTY PROS ASSURED · Richard Andrews
  • Zip Code: 32118
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$129,000102 S PENINSULA DR #202, DAYTONA BEACH, FL
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