Refinished 5-Unit Apartment
For Sale
Contact for pricing
Pending
24 S Florida Ave, Atlantic City, NJ 08401
Newly refinished 5-unit building currently fully occupied with a mix of 1-, 2-bedroom, and efficiency layouts.
Property SizeContact for details
Days on Market115
Property Features for 24 S Florida Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
5
Building Details
Tenancy
Multi
Listing Agency:
Levin Commercial Real Estate
(609) 344-5200
Listed By:
Lee Jerome · License #NJ 1004962
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Aug 2 at 11:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Levin Commercial Real Estate
Investment Insights
Based on property information with market context.
This newly refinished 5-unit apartment building is currently 100% occupied immediately following the completion of the work. The unit mix includes two 1-bedroom units, two 2-bedroom units, and one large efficiency with a kitchen. Electric service is metered separately for two units, while the remaining three units are distributed across two additional electric meters.
The property is located one block from the beach and boardwalk, supporting a convenient, shore-area rental setting.
With the building recently updated and positioned for strong day-to-day rental operations, it offers straightforward income potential for buyers looking for a stabilized multifamily asset with an established rent roll.
The property is located one block from the beach and boardwalk, supporting a convenient, shore-area rental setting.
With the building recently updated and positioned for strong day-to-day rental operations, it offers straightforward income potential for buyers looking for a stabilized multifamily asset with an established rent roll.
Key Highlights
- Newly refinished 5‑unit apartment building located one block from the beach and boardwalk
- 100% occupied immediately following completion of the work
- Unit mix: two 1‑bedroom, two 2‑bedroom, and one large efficiency with kitchen
Property Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,109
Businesses Nearby
Explore this area
Business Placement
Demographics for 08401, NJ
38,536
Population
20,116
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
76%
High-School Grad
10.7 sq mi
ZIP Area
3,601
Density / Sq Mi
$36,375
Median Household Income
$28,915
Median Earnings
$1,086
Median Rent
$189,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Newly refinished 5-unit building currently fully occupied with a mix of 1-, 2-bedroom, and efficiency layouts.
Where is this apartment building located?
The property is located at 24 S Florida Ave Atlantic City, NJ.
What are key features of this property?
This property features: Newly refinished 5‑unit apartment building located one block from the beach and boardwalk; 100% occupied immediately following completion of the work; Unit mix: two 1‑bedroom, two 2‑bedroom, and one large efficiency with kitchen
