27 S Florida Avenue Atlantic City, NJ $ 885,000
27 S Florida Avenue
$ 885,000
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27 S Florida Avenue

Atlantic City, NJ, 08401
$ 885,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 5,588

27 S Florida Avenue, Atlantic City, NJ 08401 - Image 1
27 S Florida Avenue, Atlantic City, NJ 08401 - Image 2
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27 S Florida Avenue, Atlantic City, NJ 08401 - Image 4
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27 S Florida Avenue, Atlantic City, NJ 08401 - Image 9
27 S Florida Avenue, Atlantic City, NJ 08401 - Image 10

Commercial Property for sale in Atlantic City, NJ

for $885,000. This 2,500 square foot building was built in 1920 on a lot size of 0.06.

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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Commercial Active

Price

$ 885,000

Property Type

Commercial

Taxes

$ 7,334

Style

Apartment Building

Lot Size

0.06

Year Built

1920

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

NJAC2025536

Features
Interior
Heating Fuel Electric
Hot Water Oil
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric Baseboard - Hot Water
Cooling Window Unit(s)
Possession Settlement
Zoning RS-C
Construction Materials Other
Exclusions Tenants Personal Property
Year Built 1920
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality ATLANTIC CITY
Business Type Apartment Building
Accessibility None
County ATLANTIC
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City ATLANTIC CITY
Number Of Units Total 0
MLS Area Atlantic City (20102)
Lot Size Units Square Feet
Lot Size Square Feet 2500.00
Tax Annual Amount 7334.0
Price Per Sq Ft Total AG 354.0
Acceptable Financing Cash Private
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00082
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 2500.00
Lot Dimensions 25.00 x 100.00
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 105000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 27
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* Excluded Features
List By
Kw Empower

Broker

jack@rarityre.com

Email

Affordability Calculator

$6,199
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,588
Monthly Property Taxes
$611
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$885,000 Listed Price

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27 S Florida Avenue, Atlantic City, NJ, 08401 is a Commercial Property for sale at $885,000 with 2,500 sqft and a lot size of 0.06. 27 S Florida Avenue was built in 1920. The property's zip code is 08401 which is in Atlantic City, NJ