Rivera Realty

27 S FLORIDA AVE, ATLANTIC CITY, NJ 08401

27 S FLORIDA AVE, ATLANTIC CITY, NJ 08401

$885,000

Sq. Ft.: N/A
Type: Commercial
Listing Courtesy of: KW Empower (215) 627-3500
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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!
Listing Courtesy of: KW Empower (215) 627-3500
Property Features
Location Information
County: ATLANTIC-NJ
Municipality: ATLANTIC CITY
Latitude: 39.35559
Longitude: -74.44114
MLS Area: Atlantic City (20102)
Directions: Use GPS
Interior Features
Heating: Baseboard - Electric, Baseboard - Hot Water
Heating Fuel: Electric
Cooling: Window Unit(s), Electric
Water Heater: Oil
Total Number of Units: 0
Accessibility: None
Exterior Features
Is New Construction: No
Construction: Other
Septic or Sewer: Public Sewer
Has Garage: No
Parking Spaces: 0
Lot Size in Acres: 0.06
Lot Size in Sq. Ft.: 2,500
Dimensions: 25.00 x 100.00
Zoning: RS-C
Building Total Area (Sq. Ft.): 2,500
Has Waterfront: No
Has Water Access: No
School
School District: ATLANTIC CITY SCHOOLS
Additional Information
ListDate: 2026-07-30 00:00:00.0
Possession: Settlement
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1920
Status: Active
Tax Year: 2025
Tax Amount: $7,334
Ownership Interest: Fee Simple
Exclusions: Tenants Personal Property
Business Type: Apartment Building


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at October 8, 2026, 4:25 PM ET