14 South Florida Avenue

Atlantic City, NJ 08401

$440,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 14 S Florida Ave, a fantastic multi-family with immense investment potential. This property is currently available for sale, offering a unique opportunity for savvy investors. Situated in the vibrant Ducktown neighborhood, this legal 5 Plex boasts separate meters and utilities, ensuring convenience and efficiency for each unit. Its prime location is just a block away from popular attractions such as Boardwalk Hall, Ducktown Tavern, Docks Oyster House, and the beautiful Beach & Boardwalk....Welcome to 14 S Florida Ave, a fantastic multi-family with immense investment potential. This property is currently available for sale, offering a unique opportunity for savvy investors. Situated in the vibrant Ducktown neighborhood, this legal 5 Plex boasts separate meters and utilities, ensuring convenience and efficiency for each unit. Its prime location is just a block away from popular attractions such as Boardwalk Hall, Ducktown Tavern, Docks Oyster House, and the beautiful Beach & Boardwalk. Additionally, Tanger Outlets and renowned casinos like Bally's, Tropicana, and Caesars are within easy reach. The property's first floor comprises three spacious 2-bedroom, 1-bathroom units, along with one sizable 4-bedroom, 1-bathroom unit and one cozy 1-bedroom, 1-bathroom unit. 2 units are currently occupied, 3 Vacant. Transportation options are abundant in this area, with Jitney stops and bus stops conveniently located nearby. Whether you're commuting or exploring the city, getting around will be a breeze. This is an "as is" sale, presenting an incredible opportunity to make this property your own. Buyers will be responsible for obtaining any necessary Certificates of Occupancy (COs) and completing any desired repairs. Don't miss out on this excellent investment opportunity! Secure your future by purchasing this multi-family gem today. Private financing options starting at a 10% down payment are available. Please contact us now to schedule a viewing or to ask more about this remarkable property.
  1. Listed by Silvette Rivera • WEICHERT REALTORS ASBURY GROUP-AC

Property Details for 14 South Florida Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
Off Site Parking
Waterfront (Y/N)
No
Zoned
RS-C

Location

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC
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LISTING UPDATED: 12/02/2023 10:41 AM

Property Details for 14 South Florida Avenue

StatusActive
MLS #580029
Days on Market156
Taxes$7,130 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built1930
Lot Size25.00 AC / 1,089,000 SF
CountyAtlantic County

Location

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC
Add your commute

Building Information for 14 South Florida Avenue

Stories-Residences5Year Built1930Building Size-Lot Size25.00 AC / 1,089,000 SF

Payment Calculator

$2,995 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,401

Property Taxes

$594

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14 South Florida Avenue

Summary
Location and General Information
  • Address: 14 S Florida Ave
  • Address Direction: S
  • Address Number: 14
  • Address Search Number: 14
  • Address Street: Florida
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Down Pacific Ave to Florida Ave between Pacific Ave & Atlantic Ave.
  • Fips Code: 34001
  • Location: Beach Block, Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 11-27-2023
  • Tax Year: 2023
  • Taxes: 7130
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 166
  • Lot #: 14
  • Lot Dimensions: 25X90(2,250sqft)
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 1
  • Doc Timestamp: 12-02-2023
  • Improved Value: $150,000
  • Land Value: $50,000
  • New Construction: No
  • Total Assessment: 200000
  • Water: Public
  • Year Built: 1930
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Outside Features: Curbs, Sidewalks
  • Siding/Exterior: Brick, Shingle
Interior Features
  • Heating: Baseboard, Gas-Natural
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 1
  • # of 2 Bedroom Units: 2
  • # of 4 Bedroom Units: 1
  • Annual Sewer: 1160
  • Annual Taxes: 7130
  • Annual Water: 3805
  • Limited Service (Y/N): No
  • Number Of Units: 5
  • Owner Occupied (Y/N): No
  • Rent Control (Y/N): Yes
  • Rental Information: 100 Percent Occupancy, See Remarks
  • Separate Meters: Electric, Gas
  • Suitable For: Multi Family + Rooms
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Rent: 840
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Rent: Vacant
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Bedrooms: 4
  • Unit 3 Half Baths: 1
  • Unit 3 Rent: 890
Unit 4
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Rent: Vacant
Unit 5
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 2
  • Unit 5 Rent: Vacant

Property History for 14 South Florida Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14 South Florida Avenue

Taxable ValueLand$50,000Additions$150,000Total$200,000
Tax Record2022$7,554 ($630 / month)
Home Facts
Total Finished SqFt4,497 SqFtAbove Grade Finished SqFt4,497 SqFtStories2Lot Size2,252 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningRS-CCountyATLANTICAPN02 00166-0000-00014

Schools near 14 South Florida Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Texas Avenue Elementary School
PublicK to 8

Atlantic City High School
Public9 to 12

Our Lady Star Of The Sea Regional
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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14 South Florida Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on November 25, 2023 by WEICHERT REALTORS ASBURY GROUP-AC, it's currently listed at $440,000. It has been on the market for a total of 156 days and was last sold on September 12, 2022. This listing's school district is Atlantic City Public School District. Nearby schools include Texas Avenue Elementary School, Atlantic City High School and Our Lady Star Of The Sea Regional. 14 South Florida Avenue is a 0-bed, 0-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.