usm white logo

27 S Florida AvenueAtlantic City, NJ 08401Price: $885,000

  • Price: $885,000
  • 5 Days on Market
PrintSave Favorite
$
$
%
$/month over payments
Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
27 S Florida Avenue Atlantic City NJ 0840127 S Florida Avenue Atlantic City NJ 0840127 S Florida Avenue Atlantic City NJ 0840127 S Florida Avenue Atlantic City NJ 0840127 S Florida Avenue Atlantic City NJ 0840127 S Florida Avenue Atlantic City NJ 0840127 S Florida Avenue Atlantic City NJ 0840127 S Florida Avenue Atlantic City NJ 0840127 S Florida Avenue Atlantic City NJ 0840127 S Florida Avenue Atlantic City NJ 08401
QR Code
  • 0.06Acreage
  • 1920Year Built
  • 354Price Per Square Foot
  • 2025Assessment Year
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!
Listed by John Patrick Delaney of KW Empower

Driving Directions

Railey Vacations

Your Local Office

More Info »
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

More Info

Location Information

  • UsmAreaAtlantic City - Atlantic City

Parking

  • Parking TypesOn Street

Basic Information

  • Date Listed07/30/2026

Location

  • Address27 S Florida Avenue
  • Building Number27
  • CountyAtlantic
  • DirectionsUse GPS
  • IncorporatedcitynameAtlantic City
  • StateNJ
  • TownAtlantic City
  • Zip08401

Amenities

  • Other AmenitiesPool

Legal

  • PossessionSettlement
  • Sale TypeStandard

Other

  • ExclusionsTenants Personal Property

Basic Information

  • Broker NameKW Empower
  • List Price$885,000
  • MLS Area MajorAtlantic City
  • MLS NumberNJAC2025536
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot354
  • StatusACT

Building

  • Building Area SourceEstimated
  • Building Area Total2500
  • Construction MaterialsOther
  • Year Built1920

Utilities

  • CoolingWindow Unit(s)
  • Cooling FuelElectric
  • Heat SystemBaseboard - Electric, Baseboard - Hot Water
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterOil
  • Water SourcePublic

Tax Information

  • Assessment Year2025
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$217,000
  • Tax Lot82
  • Tax Year2025
  • Taxes$7,334
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.06
  • Business TypeApartment Building
  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions25.00 x 100.00
  • Lot Size SourceAssessor
  • Lot Size Square Feet2,500
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningRS-C

Ask A Question

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Railey Vacations. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 3, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Railey Vacations. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.