1616 Pacific Avenue
1616 Pacific Avenue
$10,900,000
5
5
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Description
Welcome to "Casa De Cielo", this is an incredible opportunity where you can OWN YOUR OWN HIGH-RISE, located BEACH BLOCK in the heart of Atlantic City! Unlike anything else, the Schultz-Hill Foundation Professional Arts Building offers a timeless style of architecture mixed with modern conveniences and houses a residential living area along with income producing rental office spaces. Walk into the elegant lobby to find office suites that make up the first 6 floors that can be rented out and bring...Welcome to "Casa De Cielo", this is an incredible opportunity where you can OWN YOUR OWN HIGH-RISE, located BEACH BLOCK in the heart of Atlantic City! Unlike anything else, the Schultz-Hill Foundation Professional Arts Building offers a timeless style of architecture mixed with modern conveniences and houses a residential living area along with income producing rental office spaces. Walk into the elegant lobby to find office suites that make up the first 6 floors that can be rented out and bring in income. There are also 36 high tech security cameras that span the perimeter and inside of the building along with swipe cards to access the property. The ground floor has a 3 car garage. The 7th and 8th floors have been converted into residential living spaces including a grand staircase with an enormous window with city views, a glass dome, living room and a formal dining room complete with a 4200 strand crystal chandelier and seating for 30 people. You will also find a massive catering kitchen and wine room and private theatre along with an indoor swimming pool, sauna, massage room and gym! The penthouse includes the master bedroom and bathroom, a private living room, kitchen and breakfast nook. There are 3 high speed elevators, one for commercial use and the others are for private residential use. You will also find 4 additional suites complete with a bedroom, small private kitchen and bathroom, perfect for guests! The 9th floor rooftop was converted into a place fit for entertaining complete with an outdoor patio with seating area, a full indoor kitchen, bathroom, grill, 2 fire places, a hot tub and garden area! There is also a sundeck on top of the 9th floor living area with 360 degree views overlooking the city, ocean and beach! Words can't describe this property, you have to see it for yourself! Schedule a showing today!
- Listed by PAULA HARTMAN • BHHS FOX and ROACH-Margate
- Listed by TODD GORDON • BHHS FOX and ROACH-Margate III
Property Details for 1616 Pacific Avenue
City/Community
Atlantic City
ClassRESIDENTIAL
Parking - ExteriorNone
Waterfront (Y/N)No
Location
LISTING UPDATED: 04/25/2024 11:52 AM
Property Details for 1616 Pacific Avenue
Status | Active |
---|---|
MLS # | 579762 |
Days on Market | 165 |
Taxes | $81,341 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | RESIDENTIAL / Single Family |
Year Built | - |
Lot Size | 0.13 AC / 5,775 SF |
County | Atlantic County |
Location
Building Information for 1616 Pacific Avenue
Stories-Year Built-Building Size-Lot Size0.13 AC / 5,775 SF
Payment Calculator
$66,264 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1616 Pacific Avenue
Property History for 1616 Pacific Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1616 Pacific Avenue
Taxable ValueLand$114,000Additions$2,039,600Total$2,153,600
Tax Record2022$81,341 ($6,778 / month)
Home Facts
Total Finished SqFt44,366 SqFtAbove Grade Finished SqFt44,366 SqFtLot Size5,776 SqFtStyleMiscellaneous CommercialYear Built1928ZoningRS-CCountyATLANTICAPN02 00048- 01-00005
Schools near 1616 Pacific Avenue
This home is within Atlantic City Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
New York Avenue School PublicPK 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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