Address: 102 Peninsula Drive 202, DAYTONA BEACH, FL 32118
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% 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 areas 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 Beachs most walkable coastal locations.
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 areas 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 Beachs most walkable coastal locations.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Garden
Flooring: Ceramic Tile
Living Area: 874.00
Roof: Shingle
Property Information
Property Condition: Completed
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central
Pets Allowed: Cats OK
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee Includes: Insurance, Sewer, Trash, Water
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Appliances: Dishwasher, Range, Refrigerator
Association Name: James Lurkins
Association Phone: 386-445-0143
Country: US
Furnished: Partially
Interior Features: Thermostat
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
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