27 S FLORIDA AVE, Atlantic City, NJ 08401
27 S FLORIDA AVE, Atlantic City, NJ 08401
27 S FLORIDA AVE, Atlantic City, NJ 08401
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Linda Novotny

Linda Novotny

+1(610) 750-3170
Listed by Jack Delaney • KW Empower
$885,000
Est. payment /mo
2,500 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJAC2025536

Year Built 1920

Annual Tax Amount $7,334

Tax Year 2025

Lot Size 2,500 Sqft

Acres 0.06

Lot Dimensions 25.00 x 100.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

27 S Florida Ave – Atlantic City Income Machine! Cash flow, meet opportunity. This 13-unit rooming house plus a full apartment is a rare turnkey income play just blocks from the boardwalk, beach, and casino corridor. Fourteen total rental units under one roof means built-in scale, diversified income, and serious upside in one of the Jersey Shore's most active rental markets. Rooming houses are one of the highest-yield asset classes out there, and demand in AC doesn't sleep — steady tenant pool year-round, plus seasonal upside from the shore crowd. The standalone apartment adds a flexible unit for an owner, manager, or premium long-term lease. Whether you're a seasoned investor looking to add to your portfolio or hunting for a high-cap-rate anchor property, this one delivers volume, location, and room to grow. Value-add potential for the operator who wants to push rents and tighten management. Schedule your showing today!

Location

State NJ

County Atlantic

Area Atlantic City (20102)

Zoning RS-C

Interior

Hot Water Oil

Heating Baseboard - Electric, Baseboard - Hot Water

Cooling Window Unit(s)

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Atlantic City Schools

Others

Tax ID 02-00164-00082

Ownership Fee Simple

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Linda Novotny

Linda Novotny

+1(610) 750-3170

Agent | License ID: RS286288

Agent License ID: RS286288

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