24 S Florida Ave Atlantic City, NJ 08401

Listing agency Levin Commercial Real Estate k***@levinre.com Show Phone

Listed by Lee Jerome · License #NJ 1004962

Source Crexi

Added: Apr 12 Updated: Jul 22 at 11:27PM Checked: Jul 22 at 11:27PM

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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.

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

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FAQs

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