102 S Peninsula Drive 202, Daytona Beach, FL 32118 (MLS# 1224207)

102 S Peninsula Drive 202, Daytona Beach, FL 32118

$135,000

Virtual Tour

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Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 874 Lot Size (sq. ft.): 27,325 Status: Active

Current Price: $135,000 List Date: 3/17/2026 Last Modified: 5/09/2026

Overview

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.

Supplements: 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 ... (Read more)

Listing Details MLS# 1224207

General Property Information

Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Total: Yes
Living Area: 874
Year Built: 1972
Accessory Dwelling Unit Y/N: No
Lot Size Acres: 0.6273
Association YN: Yes
Association Fee: 475
Association Fee Frequency: Monthly
Association Name: Ocean Gardens Dondominium Assoociation
Association Phone: 386-239-1556
CDD Fee YN: No
Water Body Access YN: No
Waterfront YN: No
Homestead YN: No
Furnished: Furnished
Stories: 2
Stories Total: 2
Senior Community YN: No
Direction Faces: East
Directions: from Main Steet cross bridge to barrier island. Take right at S Peninsula. Go approx 1 block property on right.
Public Remarks: 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.
List Price/SqFt: 154.46

Property Features

Foundation Details: Slab Lock Box Type: See Remarks Levels: Two Property Condition: Updated/Remodeled Rental Restrictions: 1 Month Appliances: Dishwasher; Electric Range; Refrigerator Flooring: Tile Utilities: Cable Connected; Sewer Connected; Water Connected Cooling: Central Air Heating: Electric Electric: 100 Amp Service Water Source: Public Sewer: Public Sewer Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Construction Materials: Concrete Parking Features: Assigned; Guest Current Use: Multi-Family Possession: Close Of Escrow Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Room Types: Bedroom 1; Kitchen

Contract Information

Property Sub Type: Condominium
Listing Contract Date: 2026-03-16

Location Tax and Legal

Street Number: 102
Street Direction Prefix: S
Street Name: Peninsula
Street Suffix: Drive
County: Volusia
State: FL
Postal Code: 32118
MLS Area Major: 14 - Daytona Peninsula S of Seabreeze
Subdivision Name: Ocean Garden Condo

Status Change Information

Major Change Timestamp: 2026-03-17T19:09:56Z
Major Change Type: New Listing

Room Types

Bedroom 1 Level: Main
Kitchen Level: Main
Bedroom 1: Yes
Kitchen: Yes

More Information

Currently Not Used

Unit Type: End Unit
Unit Number: 202
Bedrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: 0
Bathrooms Total: 1
Living Area Source: Public Records
Year Built: 1972
Accessibility Features YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Pool Private YN: No
Entry Level: 2

Location, Tax, and Legal

Country: US
Parcel Number: 5308-07-00-0130
Tax Annual Amount: 1513.41
Tax Year: 2025
Tax Legal Description: UNIT 13 OCEAN GARDENS CONDO PER OR 5893 PG 1790 PER OR 5945 PG 4456 PER OR 7112 PG 2103 PER OR 7330 PG 2652 PER OR 7331 PG 4450 PER OR 7519 PG 3012 PER OR 7519 PG 3013 PER OR 8084 PG 2282 PER OR 8639 PG 3825

Foundation Details

Slab: Yes

Lock Box Type

See Remarks: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Refrigerator: Yes

Construction Materials

Concrete: Yes

Cooling

Central Air: Yes

Current Use

Multi-Family: Yes

Electric

100 Amp Service: Yes

Flooring

Tile: Yes

Heating

Electric: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
USDA Loan: Yes
VA Loan: Yes

Parking Features

Assigned: Yes
Guest: Yes

Possession

Close Of Escrow: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Utilities

Cable Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Rental Restrictions

1 Month: Yes

Property Condition

Updated/Remodeled: Yes

Room Information

Room Name	Level	Length	Width
Bedroom 1	Main	15.00	11.00
Kitchen	Main	8.00	8.00

Listing Office: Realty Pros Assured

Last Updated: May - 09 - 2026

Information deemed reliable but not guaranteed.

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