1224 S PENINSULA DRIVE UNIT 415, DAYTONA BEACH, FL, 32118
Active98 days on marketListed Apr 28, 2026MLS #V4948772
About this home
1224 S PENINSULA DRIVE UNIT 415
Investor Alert! Rare opportunity to own a waterfront 2-bedroom, 2-bath condominium on the Halifax River for just $205,000. Long-term rentals are permitted, making this an exceptional addition to any real estate portfolio or an affordable waterfront home with tremendous upside potential. Or simply enjoy living along the river in peace! Located within the established Pendleton Club, this light-filled residence features floor-to-ceiling windows in the living room that frame peaceful Intracoastal views while filling the home with natural light. The spacious floor plan offers an excellent opportunity for cosmetic updates, allowing you to add value and create a beautiful waterfront residence or income-producing investment. The Pendleton Club is a quiet, well-maintained riverfront community known for its strong long-term ownership and desirable waterfront setting. Residents enjoy a variety of amenities, including: • Waterfront swimming pool overlooking the Halifax River • Expansive lawn perfect for BBQs, fishing, and outdoor gatherings • Boat dock and slips (subject to availability) • Social room with TV lounge and community gathering spaces • On-site ATM Perfectly positioned on Daytona Beach's beachside peninsula, you're within walking distance of the Atlantic Ocean and just across the bridge from the vibrant Beach Street district, where you'll enjoy local restaurants, boutiques, galleries, entertainment, the Riverfront Esplanade, marina, and year-round community events. At just $205,000, opportunities to own waterfront property at this price are becoming increasingly difficult to find. Whether you're looking to expand your investment portfolio with a long-term rental, purchase your first waterfront home, or secure a seasonal retreat, this property offers exceptional value in one of Daytona Beach's most convenient riverfront locations. One or more photos have been virtually staged to illustrate the possibilities of the space. All information is deemed reliable but not guaranteed and should be independently verified by buyers and their representatives.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,038
Sqft
0 ac
Lot size
1963
Year built
Three Or More
Levels
$197
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 and the real association fee — not generic estimates.
$2,482 /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
$2,482/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.
$/sqft vs Daytona Beach actives
$197 vs $234
Days on market
98 vs 58 typical
Where $197/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 Daytona Beach
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Daytona Beach. See the full Daytona Beach guide →
DAYTONA BEACH 32118 — neighborhood snapshot
Population
18,075
Median age
59.4
Median income
$60,418
Median home value
$339,500
Avg household
1.83
Households w/ children
976
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 → $268K
Daytona Beach median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
205 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 34% 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 1224 S PENINSULA DRIVE UNIT 415
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$235,000
832 S PALMETTO AVENUE
2 bd · 2 ba · 1,028 sqft · $229/sqft · 81 DOM
Sold · Feb ’26$144,000
506 SOUTH STREET
3 bd · 2 ba · 1,027 sqft · $140/sqft · 95 DOM
Sold · May ’26$120,000
721 S BEACH STREET UNIT 210A
2 bd · 1 ba · 1,025 sqft · $117/sqft · 73 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 1224 S PENINSULA DRIVE UNIT 415 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1224 S PENINSULA DRIVE UNIT 415 — 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
1224 S PENINSULA DRIVE UNIT 415 FAQs
What would the monthly payment be for 1224 S PENINSULA DRIVE UNIT 415?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,482/mo — principal and interest, the actual property-tax bill, the $850/mo association fee 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.
How much are the HOA fees at 1224 S PENINSULA DRIVE UNIT 415?+
The association fee works out to $850 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1224 S PENINSULA DRIVE UNIT 415?+
The most recent tax bill on record (2025) was $2,090. 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 1224 S PENINSULA DRIVE UNIT 415?+
The listing reports pets: Yes. 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 $205,000, this home is listed about 30% below the Daytona Beach median of $291,135. The market section on this page shows how the area is trending.
Which schools are assigned to 1224 S PENINSULA DRIVE UNIT 415?+
R. J. Longstreet Elementary School (elementary), Atlantic High School (high), Silver Sands Middle School (middle) — 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
$205,000 is 34% below the DAYTONA BEACH 32118 median of $309,450, and at $197/sqft it sits under the Daytona Beach average of $255.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $850/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04The price has already moved
Listed at $210,000, now $205,000 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of REALTY PROS ASSURED · Didiayer Snyder. MLS #V4948772.
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.
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