

$574,900
Mobile:
609-545-0757Office
609-391-1330x4210
0
Listing Alert: This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either build a trophy development with stunning panoramic waterfront views or keep the existing property and upgrade it for a phenomenal income through Airbnb rentals. This property is legally zoned as a duplex, providing the opportunity to generate extra income. You can live in one unit and rent out the other or take advantage of the booming Airbnb market. Located just a short walk from the famous Atlantic City beach, this home is an ideal rental property for both vacationers and long-term tenants. The property features five generously sized bedrooms and two bathrooms in the upstairs unit, which is rented for a yearly lease of $2,850 per month. Additionally, the ground-level unit features one bedroom and one bathroom, and is rented for $1,200 per month on a one-year lease. The LH-2 Zoning District permits multi-family, low-rise, and mid-rise residential buildings, as well as opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. This is truly a unique opportunity that may be hard to come by again. The same owner is willing to sell 218 Seaside Ave, a vacant lot of 2590 sq. ft. for $145,000, with the possibility for parking use for the house or incorporation into a townhome development site with the lots next door.
| Total Rooms | |
| Full Bath | 0 |
| # of Stories | |
| Year Build | |
| Lot Size | |
| Tax | 5696.00 |
| SQFT | 1996 |
| OutsideFeatures | Curbs, Deck, Ocean View, Porch, Sidewalks |
| OtherRooms | Florida Room |
| Heating | Gas-Natural, Radiator |
| HotWater | Gas |
| Sewer | Public Sewer |
| Bedrooms | 0 |
| Half Bath | 0 |
| # of Stories | |
| Lot Dimensions | |
| # Units | Duplex |
| Tax Year | 2024 |
| Area | Atlantic City |
| ParkingGarage | None |
| Basement | 6 Ft. or More Head Room, Unfinished |
| Cooling | Ceiling Fan(s), Electric |
| Water | Public |