About 102 S Peninsula Drive 202
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.
Features of 102 S Peninsula Drive 202
| MLS® # | FC316975 |
|---|---|
| Price | $129,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 874 |
| Acres | 0.63 |
| Year Built | 1972 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Pending |
Listing Details
| Office | REALTY PROS ASSURED |
|---|
Listing Map
Neighborhood Information for 102 S Peninsula Drive 202
Low Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Imagination Station Too Montessori Private - Preschool to Kindergarten |
1 Miles | |
|
|
Basilica School Of St Paul Catholic - Preschool to 8Th Grade - Closest Elementry School |
1 Miles | |
|
|
Pure In Heart Christian Academy And Performing Arts Center Private - to |
1 Miles | |
|
|
Riverview Learning Center Public - 6Th Grade to 12Th Grade |
1 Miles | |
|
|
Friendship Academy Private - Preschool to Preschool |
1 Miles | |
|
|
Our Lady Of Lourdes Catholic School Catholic - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
Ortona Elementary School Public - Kindergarten to 5Th Grade |
2 Miles |
School data provided by GreatSchools