Selea Andrews - Coachman Properties Logo
$885,000
( $354.00Per Sq Foot )
 $4,751 est/mo Sourced by Back At You

27 S Florida Ave,ATLANTIC CITY, NJ 08401

ATLANTIC CITY, NJ 08401

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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!

Details

MLS #NJAC2025536
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1920
Days On Site48
Listing Provided ByKW Empower | John Patrick Delaney

Features

ZoningRS-C
Acreage0.06

Interior

CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingBaseboard - Electric, Baseboard - Hot Water

Exterior

Construction MaterialsOther

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount7334

Area Information

StateNJ
CountyATLANTIC NJ
CityATLANTIC CITY
Zip Code08401
AreaAtlantic City (20102)
School DistrictATLANTIC CITY SCHOOLS
Listing VS Median (in 08401)
Price:
$885,000
low | high
Med:
$199,000
100% of Average
On site:
48
low | high
Med:
167
28.74251497006% of Average
Sourced by Back At You

Market Activity 08401

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Additional Information

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Learn More About This Property

Selea Andrews

Selea Andrews

Coachmen Properties

MD-658063 & DC-SP200203575 (240) 481-2014seleawheredreamscomehome@gmail.com
StateNJ
CountyATLANTIC NJ
CityATLANTIC CITY
Zip Code08401
AreaAtlantic City (20102)
School DistrictATLANTIC CITY SCHOOLS
Listing VS Median (in 08401)
Price:
$885,000
low | high
Med:
$199,000
100% of Average
On site:
48
low | high
Med:
167
28.74251497006% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $663K - $1.16M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
2721 BOARDWALK-2721 BOARDWALK #910 Property Photo 1
$135,000
2721 Boardwalk-2721 Boardwalk #910
Atlantic City, NJ 08401
Listing Updated: September 16, 2026 at 3:53:07 PM PDT

Selea Andrews - Coachman Properties