Date
Details
Price
Change
Source
7/30/2026
Listed
$885,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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!
Full Property Details
Full Property Details for 27 S Florida Ave
General
- Price: $885,000
- Taxes: $7,334 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJAC2025536
- Updated: 7/30/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: On Street
Location
- Area: Atlantic City (20102)
- Municipality: ATLANTIC CITY
- County: ATLANTIC
- Driving Directions: Use GPS
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Baseboard - Hot Water
- Heating Fuel: Electric
- Water Heater: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Building Size: 2500
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,500
- Lot Size Source: Assessor
- Lot Dimensions: 25.00 x 100.00
- Zoning: RS-C
Financial Considerations
- Price Per Sq. Ft.: $354
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $217,000
- Tax Amount: $7,334
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants Personal Property
- Lot Number: 82
Listed by KW Empower, John Patrick Delaney
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 27 S Florida Ave —
John Patrick Delaney
KW Empower
Listing Office Email: vicki@kwempower.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 27 S Florida Ave
School District:Atlantic City School District
| Name | Grades | Distance |
|---|---|---|
Texas Avenue Elementary School 2523 Arctic Avenue, Atlantic City, NJ 08401 | K-5 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 27 S Florida Ave
Tax History
Tax History for 27 S Florida Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,335
-2%
$217,000
—
2024
$7,491
-9%
$217,000
—
2022
$8,196
-3%
$217,000
—
2021
$8,465
-1%
$217,000
—
2020
$8,537
-5%
$217,000
—
2019
$8,964
—
$217,000
-4%
2019
$8,964
13%
$225,000
—
2018
$7,949
3%
$225,000
—
2017
$7,697
-23%
$225,000
-13%
2016
$9,940
13%
$257,500
—
2015
$8,812
7%
$257,500
-21%
2013
$8,262
—
$325,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 27 S Florida Ave
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27 S Florida Avenue, Atlantic City, NJ 08401 (MLS# NJAC2025536) is a Apartment property. 27 S Florida Avenue is currently listed for $885,000 and was received on July 30, 2026. Want to learn more about 27 S Florida Avenue? Do you have questions about finding other Apartment real estate for sale in Atlantic City? You can browse all Atlantic City real estate or contact a Coldwell Banker agent to request more information.