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$129,000

2 Beds 1 Baths 874 SQFT 0.63 Acres
Type: Condos

102 S PENINSULA DRIVE 202
DAYTONA BEACH, FL 32118

MLS#: FC316975
Jesse Ebner
Jesse Ebner
The Real Estate Advantage
Phone: 507.429.2025
Office: 651.272.4688
Presented by: REALTY PROS ASSURED with 386-677-7653. - 386-677-7653

Property Description

 

Under contract-accepting backup offers. 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.


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths0
Total Baths1

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Common WallsCorner Unit
Fireplace Y/NNo
FlooringCeramic Tile
Furnished Y/NPartially
Heating Y/NYes
Interior AmenitiesThermostat
Laundry FeaturesOther
Total Stories2

General

Additional Parcels Y/NNo
AppliancesDishwasher, Range, Refrigerator
Assoc Fee Paid PerMonthly
Association Fee IncludesInsurance, Sewer, Trash, Water
Association NameJames Lurkins
Building Area Units0 sqft
Carport Y/NNo
CityDAYTONA BEACH
Community FeaturesNone
Construction MaterialsBlock
CoolingCentral Air
CountyVolusia
Directionsfrom Main Steet cross bridge to barrier island. Take right at S Peninsula. Go approx 1 block property on right.
Facing DirectionEast
Flood Zone CodeX
Flood Zone Code XY
Full Baths1
Garage Y/NNo
HOA Monthly Maintenance0
HeatingCentral
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionUNIT 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
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Living Area Units0 sqft
Lot Size Square Feet27,324 sqft
Lot Size UnitsSquare Feet
MLS Area32118 - Daytona Beach/Holly Hill
Minimum Lease1 Month
Monthly Condo Fee Amount$475
New ConstructionNo
Occupancy TypeVacant
OwnershipFee Simple
Pets AllowedCats OK
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeCondominium
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusPending
Subdivision NameOCEAN GARDENS CONDO
Tax Annual Amount$1,513
Tax Lot3
Tax Year2025
Total Rooms4
Unit Number202
UtilitiesCable Available, Electricity Connected, Sewer Connected, Water Connected
ViewCity
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1972
Zoning0401

Exterior

Building Area Total874 sqft
Exterior AmenitiesGarden
Foundation DetailsSlab
Lot Size Acres0.63
Lot Size Area27,324 sqft
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$129,000

2 Beds 1 Baths 874 SQFT 0.63 Acres
Type: Condos

102 S PENINSULA DRIVE 202
DAYTONA BEACH, FL 32118

MLS#: FC316975
Jesse Ebner
Jesse Ebner
The Real Estate Advantage
Phone: 507.429.2025
Office: 651.272.4688