For Sale
$10,900,000

1616 Pacific AveAtlantic City, NJ 08401

Beach Block Luxury, High-Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional mixed-use property, located at 1616 Pacific Ave in Atlantic City, NJ, 08401, presents a unique investment opportunity. The eight-story building boasts a timeless architectural style blended with modern amenities. The first six floors comprise income-generating office suites, easily accessible via three high-speed elevators (one commercial, two residential). Security features include 36 high-tech cameras and swipe card access. A three-car garage is situated on the ground floor. The seventh and eighth floors offer luxurious residential living, featuring a grand staircase, a glass dome, expansive living and formal dining rooms (seating 30), a catering kitchen, wine room, private theater, indoor pool, sauna, massage room, and gym. Four additional suites, each with a bedroom, kitchenette, and bathroom, provide ample guest accommodations. The penthouse includes a master bedroom and bathroom, private living room, kitchen, and breakfast nook. The ninth-floor rooftop is an entertainer's paradise, complete with an outdoor patio, indoor kitchen, bathroom, grill, two fireplaces, a hot tub, and a garden area. A sundeck atop the ninth floor offers breathtaking 360-degree views of the city, ocean, and beach. The asking price for this remarkable property is $10,900,000. This is a truly unparalleled opportunity to own a high-rise beach block building in the heart of Atlantic City, combining lucrative rental income with opulent residential living.

Property Details for 1616 Pacific Ave

Property type
Mixed-use properties, High-rise multifamily apartments

Location Insight

City
Atlantic City
County
Atlantic
State
New Jersey
Latitude
39.3589715
Longitude
-74.430144
1616 Pacific Ave, Atlantic City, New Jersey

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1616 Pacific Ave
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