BEDS2
BATHS1 full
SQUARE FEET874
MLS#1224207
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONOcean Garden Condo
Property 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 Features
Property Type: Residential - Condominium
Cooling: Central Air
Fuel Type: Electric
Heating: Electric
Lot Size: 0.63 Acres
Stories: 2.0
Taxes: $1,513
Year Built: 1972
Feature Descriptions
Appliances: Refrigerator, Electric Range, Dishwasher
Association/Condo Fee: 475/Monthly
Days on Site: 56
Directions: from Main Steet cross bridge to barrier island. Take right at S Peninsula. Go approx 1 block property on right.
Exterior: Concrete
Flooring: Tile
HOA Y/N: Yes
Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Parcel #: 5308-07-00-0130
Parking: Assigned, Guest
Property Attached Y/N: No
Property Sub-Type: Condominium
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Connected, Sewer Connected, Water Connected
Water: Public
Room Sizes
Bedroom 1: 11.00 X 15.00 Level - Main
Kitchen: 8.00 X 8.00 Level - Main
Listed By / Shown By
Listed By
Agency Name: Realty Pros Assured
Shown By
Agent Name: Len Renaud
Agent Phone: Cell: (315) 391-0726
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 883.99 per month $718.53 Principal & Interest $126.08 Property Tax $39.38 Homeowner's InsuranceChange Payment Information
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102 S Peninsula Drive, Unit 202 | MLS# 1224207
This condo located at 102 S Peninsula Drive, Unit 202, Daytona Beach, FL 32118 is currently listed for sale with an asking price of $135,000. This property was built in 1972 and has 2 bedrooms and 1 full baths with 874 sq. ft. S Peninsula Drive, Unit 202 is located in the Ocean Garden Condo subdivision. Search Ocean Garden Condo real estate on lenrenaud.adamscameron.com today.