For Sale 218 Seaside Ave, Atlantic City, NJ, 08401

Listing Alert: This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either build a trophy development with stunning panoramic waterfront views or keep the existing property and upgrade it for a phenomenal income through Airbnb rentals. This property is legally zoned as a duplex, providing the opportunity to generate extra income. You can live in one unit and rent out the other or take advantage of the booming Airbnb market. Located just a short walk from the famous Atlantic City beach, this home is an ideal rental property for both vacationers and long-term tenants. The property features five generously sized bedrooms and two bathrooms in the upstairs unit, which is rented for a yearly lease of $2,850 per month. Additionally, the ground-level unit features one bedroom and one bathroom, and is rented for $1,200 per month on a one-year lease. The LH-2 Zoning District permits multi-family, low-rise, and mid-rise residential buildings, as well as opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. This is truly a unique opportunity that may be hard to come by again. The same owner is willing to sell 218 Seaside Ave, a vacant lot of 2590 sq. ft. for $145,000, with the possibility for parking use for the house or incorporation into a townhome development site with the lots next door.

Located just 2 blocks from the Boardwalk and beach in the sought-after Uptown Inlet area of Atlantic City, this fully furnished duplex is a turnkey investment with immediate rental income potential. The Inlet section of Atlantic City is awaiting an exciting project that was approved for the development of a new residential community with townhouses near the Boardwalk, and this property is in the heart of the location of the new development. The property features two units: 1 Bedroom / 1 Bath Unit which has a newly updated kitchen with quartz countertops and stainless steel appliances and 4 Bedrooms / 1.5 Bath Unit with a Jacuzzi tub in one of the bedrooms. Currently operating as a successful short-term rental, this property grossed $90K in 2024, making it a lucrative investment opportunity. Whether you\'re looking for a beachside getaway or a high-income rental property, this duplex delivers both location and potential. Don\'t miss out on the chance to own a piece of Atlantic City\'s vibrant coastline! \"Property being sold strictly \'As Is.\" Buyer is responsible for obtaining all occupancy inspections and certificates.\"

This prime ocean block property is located adjacent to the Ocean Casino in Atlantic City in the LH-2 District offering an unparalleled investment opportunity. Just steps away from the beach and the city\'s iconic Boardwalk, the lot provides a prime location for potential commercial and residential development. It is ideally positioned near the Island water park in the Showboat Resort, making it an attractive site for hospitality, retail, or luxury real estate projects. **The property alone would require a use variance for single family or duplex use and numerous bulk and area variances.