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12 S Florida Ave, 
Atlantic City, NJ 08401

$350,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Silvette Rivera

Weichert Realtors Asbury Group-Ac

609-344-6200

Last updated:

January 12, 2026, 04:48 PM

MLS#

603581

Source:

NJ SJSRMLS

About This Home

12 S Florida Ave

16.60% CAP RATE! Calling all investors—don’t miss this exceptional opportunity to own a high-performing 5-family income property located just steps from Caesars and Tropicana Casinos and only 1.5 blocks from the beach and boardwalk. This fully tenanted property generates $97,200.00 in gross annual income with expenses of $39,089.80, resulting in an impressive $58,110.20 net annual income and immediate cash flow. All tenants are current and paying on time. Land Use CO approved for 5 units. Prime Atlantic City location near casinos, beach, boardwalk, dining, entertainment, and public transportation. Property is being sold AS-IS. Buyer responsible for all required certifications and C/Os. Inspections are for informational purposes only. A rare opportunity for investors seeking strong returns in a high-demand location.

Home Facts

Multi-Family

Price Summary

350,000

MLS #:

603581

Last Updated:

January 12, 2026, 04:48 PM

Added:

8 day(s) ago

Finances & Disclosures

Finances

Price:

$350,000

Source:NJ SJSRMLS
The information being provided by South Jersey Shore Regional Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 South Jersey Shore Regional Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.