AGENT LISTINGS
Theresa Maina

Theresa Maina 609-703-7725 609-399-0076x145

3160 Asbury Avenue, Ocean City

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For Sale 175 Tennessee Ave, Atlantic City, NJ, 08401

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175 Tennessee Ave, Atlantic City, NJ, 08401 Main Picture

175 Tennessee Ave, Atlantic City, NJ, 08401

$3,000,000

Theresa Maina
  • Buyer Agent Compensation: N/A
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A very rare opportunity to own a beachblock property with a long term land lease in place. Land lease tenant is the Super 8 Hotel along with certain parking lots. Lease is NNN and this is a prime investment for a 1031 exchange buyer. The addresses being sold are: 175, 181 and 187 South Tennessee Ave and 140, 142, 150, 154 and 158 South Ocean Avenue. For additional information feel free to call listing agent.

Listing courtesy of: VALENTINO REALTY
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build
Lot Size 10,001 to 20,000 SQFT
Tax 84583.00
SQFT
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units
Tax Year 2024
Area Atlantic City
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Welcome to your dream home at 124 S Ocean Ave, Atlantic City, NJ 08401 – a remarkable rental opportunity that combines beachside living with modern luxury. This exquisite 4-story beach block home is located just one street away from the vibrant and newly revitalized South Tennessee Avenue, placing you within walking distance to some of the trendiest eateries, entertainment spots, and local attractions in Atlantic City. Legally zoned as a duplex, this property offers a unique opportunity to generate extra income. Whether you live in one unit and rent out the other or capitalize on the booming Airbnb market, the possibilities are endless. Situated just a short walk from the famous Atlantic City beach, this home provides unparalleled access to sun, sand, and surf, making it a highly desirable rental property for vacationers and long-term tenants alike Expansive Living Space: This home boasts 5 generously sized bedrooms and 3 full bathrooms, offering ample space for family, friends, and guests. The thoughtfully designed layout ensures privacy and comfort for everyone. Experience the perfect blend of historic charm and contemporary living with brand-new flooring throughout, a state-of-the-art hot water heater, and all-new, high-end appliances that cater to your every need. The property includes a dedicated laundry room for your convenience and a full basement providing abundant storage space or potential for additional living areas. Breathtaking Views: Ascend the convenient staircase to the 4th-floor deck and be captivated by the stunning panoramic views of Atlantic City and the sparkling Atlantic Ocean – an ideal spot for relaxation or entertaining guests.Dining and Entertainment: Enjoy the convenience of being close to South Tennessee Avenue\'s finest dining options, including trendy eateries, cafes, and bars that cater to all tastes and preferences. Benefit from nearby shopping centers, boutiques, and essential services, all within easy reach, ensuring you have everything you need at your fingertips. Excellent public transportation options make commuting and exploring Atlantic City and beyond a breeze. This property is more than just a house – it\'s a lifestyle. 124 S Ocean Ave offers an unparalleled combination of space, location, and modern amenities, perfect for large families, investors, or those seeking a luxurious beachside retreat. The opportunity to generate additional income through its duplex zoning adds significant value, making this an exceptional investment. Don\'t miss out on the chance to own a piece of Atlantic City\'s vibrant beach community. Schedule a viewing today and experience the unique charm and modern elegance of this remarkable home.

Property 2

124 Ocean Ave, Atlantic City

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  • $425000