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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$3,200,000

Est. payment - /mo

6 Beds

12 Baths

8,100 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 - 10 Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,100 sqft

Price per Sqft $395

MLS Listing ID 608919

Bedrooms 6

Full Baths 12

Tax Year 2026

Lot Size 8,100 Sqft

Property Sub-Type 4 - 10 Units

Property Description

A rare opportunity to acquire an entire new construction waterfront development on Absecon Island. Located at 239 N. Arizona Avenue, this six-unit bayfront property consists of three buildings with a total of 18 bedrooms, 12 bathrooms, six private decks with panoramic open-water views, 12 garage parking spaces, additional off-street parking, four deep-water boat slips, a brand-new dock system, and a new bulkhead. Just moments from Atlantic City's casinos, beaches, boardwalk, dining, and entertainment, the property offers exceptional flexibility as a luxury investment portfolio, family compound, or waterfront retreat. A rare condominium opportunity where Airbnb and VRBO rentals are permitted, owners can capitalize on strong vacation rental demand while benefiting from favorable rental projections and a valuable five-year tax abatement. Beyond vacation rentals, the property's flexible six-unit layout lends itself to corporate retreats, executive housing, and extended-stay accommodations. Scheduled for completion in Summer 2026, with anticipated delivery on or about August 1, 2026, purchasers have a unique opportunity to secure a nearly completed new construction waterfront asset without the uncertainty and extended timelines often associated with ground-up development. As Atlantic City continues to experience significant public and private investment, new residential development, infrastructure improvements, and ongoing growth along the waterfront, opportunities to acquire newly constructed bayfront properties of this scale, quality, and versatility are becoming increasingly limited. Combining new construction, deep-water boating access, extraordinary bay views, and multiple ownership and income strategies, 239 N. Arizona Avenue represents one of the most unique waterfront opportunities currently available on the Jersey Shore.

Location

State NJ

County Atlantic

Community Atlantic City

Area Atlantic City

Location Details Bay Front,Bulkheaded,Docks,Water View

Rooms

Other Rooms Dining Area, Eat In Kitchen, Laundry/Utility Rm, Storage Attic

Interior

Heating Gas-Natural

Exterior

Exterior Feature Vinyl

Parking Features Two Car

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

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South Jersey Shore Regional MLS (SJSRMLS)

Listed by Soleil Sotheby's International Realty - A

NEARBY SCHOOL & BUSINESS

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

239 N Arizona Ave Atlantic City, NJ 08401

Joseph Lam

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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239 N Arizona Ave