Five Or More Units
27 S Florida Avenue, ATLANTIC CITY, NJ, 08401-6572
For Sale
$885,000
Listed By: John Patrick Delaney, [email protected], 2155955071
Listing Brokerage: KW Empower
Source: Bright MLS
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!
MLS® ID NJAC2025536
UPDATED: 10/02/2026 17:40
Details
Location Details
Formatted Street Address 27 S Florida Avenue
County ATLANTIC-NJ
Area Atlantic City (20102)
Country US
Property Details
Assessment Year 2025
Building Details
Year Built 1920
Approx Age 106
Construction Other
Garage Spaces 0
Private Entrance No
Heating Baseboard - Electric, Baseboard - Hot Water
Water Supply Types Public
Pet Friendly No
Fee Details
Taxes 7334
Taxes Year 2025
Land Details
Lot Size 2500
Acreage 0.06
Total Size 25.00 x 100.00
Irregular No
Pool Yes
Private Pool No
Waterfront false
Shoreline No
Sewers Public Sewer
Other
Status Available
Location
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Data last updated: 10/11/2026.