For Sale 15 Florida Ave, Atlantic City, NJ, 08401

Wonderful investment opportunity in a prime Atlantic Ave location featuring 8 residential apartment units and 1 ground-floor retail convenience store with a long-term lease in place. This well-maintained mixed-use building offers strong, stable income from long-term tenants with significant upside potential through future rent growth. A live-in superintendent provides efficient on-site management, making this a low-maintenance, high-yield asset perfect for investors seeking reliable cash flow and long-term portfolio growth.

This is a great investment opportunity with a motivated seller, a multi-family unit in an excellent location. It is a four-unit building that is currently 75% occupied. There is one four-bedroom unit, one two-bedroom unit, and two one-bedroom units, all of which have separate electric meters. The tenants are reliable and have been keeping up-to-date with their rent payments. The location is superb, with easy access to dining, shopping, and cultural centers that offer all necessary amenities nearby. The property is also conveniently located just a block away from the famous casinos and beaches of Atlantic City. It is being sold \"As Is\" and has a gross monthly income of $4,900. Sold \"AS-IS,\" WHERE IS. Buyer is responsible for all inspections, CO, and certifications. The Seller is not responsible for any repairs, corrections, treatments, remediation, or mitigation. The LBP addendum and rental leases have been attached to the associate\'s documents.

Experience the best of coastal living in this fully renovated 5-bedroom, 4.5-bathroom gem, ideally located just blocks from Atlantic City’s iconic Boardwalk. Every detail in this home has been carefully curated—from the designer kitchen featuring quartz countertops, stainless steel appliances, and timeless shaker cabinetry, to the spa-inspired bathrooms with sleek, modern finishes throughout. The first-floor ensuite bedroom adds convenience and flexibility, perfect for guests or multi-generational living. Light-filled and spacious, the home boasts an open, airy layout ideal for entertaining or relaxing after a day at the beach. Whether you’re seeking a luxurious full-time residence, a weekend escape, or a high-performing short-term rental, this property checks every box. With its unbeatable location, versatile floor plan, and stylish updates, this is Atlantic City living at its finest—turnkey and ready for summer!