7 North Florida Avenue Active

Atlantic City,NJ 08401

$ 160000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24001589

Annual Tax Amount $3,777

Property Description

Building lot now available, zoned and town-approved for a 9 unit apartment building. This exclusive offering includes not only the building lot but also comes bundled with town-approved architectural plans, site plans, and building plans, streamlining the development process for a seamless transition from acquisition to construction. Envision the potential as each unit targets a rent of $1,400, projecting an impressive gross rental income of approximately $151,200. Situated in an unbeatable location, this property is poised to capitalize on the vibrant attractions and entertainment of Atlantic City, mere moments away. Convenience meets luxury, as the meticulously designed apartments are tailored for modern living, providing tenants with stylish and comfortable living spaces that are sure to leave a lasting impression.Act now and transform this building-lot into a lucrative investment for years to come.

Location

State NJ

County Atlantic

Area Atlantic City

Zoning Com/Com

Exterior

Waterfront Description None

Improvements O/See Remk

View More
Favorite Go Tour