7 N Florida Ave, Atlantic City, NJ

$160,000

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5,000

Square feet

About 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.

Features of 7 N Florida Ave

MLS® # 3863052
Price $160,000
Square Footage 5,000
Acres 0.00
Year Built 2023
Type Commercial
Status Active

Community Information

Address 7 N Florida Ave
City Atlantic City
County Atlantic
State NJ
Zip Code 08401-3908

Amenities

Utilities See Remarks
Parking On-Street Parking

Interior

Heating See Remarks
# of Stories 4
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Vinyl Siding
Lot Description Level Lot
Roof Asphalt Shingle

Additional Information

Date Listed September 5th, 2023
Days on Market 226
Zoning R-3

Listing Details

OfficeEXP REALTY, LLC
Contact Info908-504-7431

Listing Map

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