27 S Florida Ave, Atlantic City, NJ 08401

$885,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$885,000
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!

Additional Information

Area
Atlantic City (20102)
School District
Atlantic City Schools
Heating
Electric Baseboard, Baseboard
Cooling
Window/Wall
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of KW Empower. Contact: