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Olivia Hwang

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  • Cell 908-770-7701
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7 N Florida Ave, Atlantic City, NJ – $160,000

  • $160k Price
  • 5,000 Sqft
  • 243 DOM
  • $160k Price
  • 5,000 Sqft
  • 243 DOM

7 N Florida Ave

ONLY SELLING LOT W/ PLANS NOW - Introducing a lucrative investment opportunity... This to-be built apartment complex consisting of 9 one bedroom units are located just two blocks away from the Atlantic City boardwalk and casinos. This new construction building is set to create a steady stream of cash flow. With all township plans approved, this turnkey project is ready to break ground as soon as a contract is secured. With a target rent of 1400/unit, this property should generate about 151,200 in gross rental income. The convenience of the location cannot be overstated, with the vibrant attractions and entertainment of Atlantic City right at your fingertips. Designed with modern living in mind, the luxury apartments offer stylish and comfortable living spaces that tenants will love. Don't miss out on this incredible opportunity.

Essential Information

  • MLS® #3863052
  • Price$160,000
  • Square Footage5,000
  • Acres0.00
  • Year Built2023
  • TypeCommercial
  • StatusActive

Community Information

  • Address7 N Florida Ave
  • CityAtlantic City
  • CountyAtlantic
  • StateNJ
  • Zip Code08401-3908

Amenities

  • UtilitiesSee Remarks
  • ParkingOn-Street Parking

Interior

  • HeatingSee Remarks
  • Has BasementYes
  • BasementFull, Unfinished
  • # of Stories4

Exterior

  • ExteriorVinyl Siding
  • Lot DescriptionLevel Lot
  • RoofAsphalt Shingle

Additional Information

  • Date ListedSeptember 5th, 2023
  • Days on Market243
  • ZoningR-3

Listing Details

  • OfficeEXP REALTY, LLC
  • Contact Info908-504-7431
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Listing information last updated on May 6th, 2024 at 6:48am EDT.