27 S Florida Ave, Atlantic City, NJ 08401
- $885,000
- List Price
- $885,000
- Days on Market
- 4
- Status
- ACTIVE
- MLS#
- NJAC2025536
- Lot Size (Acres)
- 0.06
- Year Built
- 1920
- County
- Atlantic
- School District
- Atlantic City Schools
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!
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Additional Information
- Area
- Atlantic City (20102)
- Taxes
- $7334
- School District
- Atlantic City Schools
- Heating
- Baseboard - Electric, Baseboard - Hot Water
- Heating Fuel
- Electric
- Cooling
- Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of KW Empower. Contact: vicki@kwempower.com