27 S FLORIDA AVE, Atlantic City, NJ 08401
27 S FLORIDA AVE, Atlantic City, NJ 08401
27 S FLORIDA AVE, Atlantic City, NJ 08401
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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Val Gallagher

Val Gallagher

+1(856) 904-7785
Listed by Jack Delaney • KW Empower
$ 885,000
Est. payment | /mo

2,500 Sqft Lot

Save
$ 885,000
Est. payment | /mo
Save

2,500 Sqft Lot

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

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Val Gallagher

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(856) 904-7785

val@legacyhomesgroupnj.com

300 Mill St, Suite 220, Moorestown, NJ 08057, USA

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27 S FLORIDA AVE