7 North Florida Avenue
$160,000
— / —
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,...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.
- Listed by Linda Thell • EXP Realty, LLC • (866) 201-6210
Property Details for 7 North Florida Avenue
Waterfront
None
LISTING UPDATED: 01/16/2024 03:46 PM
Property Details for 7 North Florida Avenue
Status | Active |
---|---|
MLS # | 24001589 |
Days on Market | 340 |
Taxes | $3,777 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Com/Com |
Year Built | - |
Lot Size | - |
County | Atlantic County |
Property Information for 7 North Florida Avenue
Property History for 7 North Florida 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 7 North Florida Avenue
Taxable ValueLand$100,000Additions-Total$100,000
Tax Record2023$3,565 ($297 / month)
Home Facts
Beds0Total Finished SqFt5,370 SqFtAbove Grade Finished SqFt5,370 SqFtLot Size3,360 SqFtStyleMiscellaneous Vacant LandYear Built1920ZoningR-3CountyATLANTICAPN02 00279-0000-00059
Schools near 7 North 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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