102 S PENINSULA DRIVE UNIT 202, DAYTONA BEACH, FL, 32118
Active130 days on marketListed Mar 17, 2026MLS #FC316975
About this home
102 S PENINSULA DRIVE UNIT 202
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.
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
874
Sqft
0.63 ac
Lot size
1972
Year built
One
Levels
$148
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,103 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,103/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+0.6%
$/sqft vs Daytona Beach actives
$148 vs $232
Days on market
130 vs 51 typical
Where $148/sqft sits among the 400 Daytona Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Surfside Village Historic District
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Daytona Beach. See the full Daytona Beach guide →
Surfside Village Historic District — neighborhood snapshot
Population
721
Median age
38
Median income
$39,690
Median home value
$297,803
Avg household
2
Households w/ children
55%
For the school run
Volusia County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Daytona Beach market
$262K → $261K
Daytona Beach median sold, yr/yr
95.9%
Sale-to-list ratio (12 mo)
207 of 400
Daytona Beach actives have cut their price
Median sold price, Daytona Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 56% below the DAYTONA BEACH 32118 median. See the full Daytona Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 102 S PENINSULA DRIVE UNIT 202
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$245,000
328 SEARS AVENUE
2 bd · 1 ba · 882 sqft · $278/sqft · 53 DOM
Sold · Apr ’26$230,000
708 DAVIS STREET
3 bd · 1 ba · 888 sqft · $259/sqft · 1 DOM
Sold · Jun ’26$67,500
143 MICHIGAN AVENUE
2 bd · 1 ba · 821 sqft · $82/sqft · 3 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 102 S PENINSULA DRIVE UNIT 202 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 102 S PENINSULA DRIVE UNIT 202 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
102 S PENINSULA DRIVE UNIT 202 FAQs
What would the monthly payment be for 102 S PENINSULA DRIVE UNIT 202?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,103/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 102 S PENINSULA DRIVE UNIT 202?+
The most recent tax bill on record (2025) was $1,513. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 102 S PENINSULA DRIVE UNIT 202?+
The listing reports pets: Cats OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Daytona Beach?+
At $129,000, this home is listed about 56% below the Daytona Beach median of $295,165. The market section on this page shows how the area is trending.
Which schools are assigned to 102 S PENINSULA DRIVE UNIT 202?+
Campbell Middle School (middle), Mainland High School (high), R. J. Longstreet Elementary School (elementary) — Volusia County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the DAYTONA BEACH 32118 market on paper
$129,000 is 56% below the DAYTONA BEACH 32118 median of $294,950, and at $148/sqft it sits under the Daytona Beach average of $255.
02City views
The city view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
130 days on market against a Daytona Beach median of 51 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $135,000, now $129,000 — a $6K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of REALTY PROS ASSURED · Richard Andrews. MLS #FC316975.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Daytona Beach homes, in your inbox
Like 102 S PENINSULA DRIVE UNIT 202 but not quite? A daily digest of every new listing in Daytona Beach — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask David to ping you on any price or status change →