Welcome to "Casa De Cielo", this is an incredible opportunity where you can OWN YOUR OWN HIGH-RISE, located BEACH BLOCK in the heart of Atlantic City! Unlike anything else, the Schultz-Hill Foundation Professional Arts Building offers a timeless style of architecture mixed with modern conveniences and houses a residential living area along with income producing rental office spaces. Walk into the elegant lobby to find office suites that make up the first 6 floors that can be rented out and bring in income. There are also 36 high tech security cameras that span the perimeter and inside of the building along with swipe cards to access the property. The ground floor has a 3 car garage. The 7th and 8th floors have been converted into residential living spaces including a grand staircase with an enormous window with city views, a glass dome, living room and a formal dining room complete with a 4200 strand crystal chandelier and seating for 30 people. You will also find a massive catering kitchen and wine room and private theatre along with an indoor swimming pool, sauna, massage room and gym! The penthouse includes the master bedroom and bathroom, a private living room, kitchen and breakfast nook. There are 3 high speed elevators, one for commercial use and the others are for private residential use. You will also find 4 additional suites complete with a bedroom, small private kitchen and bathroom, perfect for guests! The 9th floor rooftop was converted into a place fit for entertaining complete with an outdoor patio with seating area, a full indoor kitchen, bathroom, grill, 2 fire places, a hot tub and garden area! There is also a sundeck on top of the 9th floor living area with 360 degree views overlooking the city, ocean and beach! Words can't describe this property, you have to see it for yourself! Schedule a showing today!
Property Details
Property Features
Listing Office:
Office Name: BHHS FOX and ROACH-Margate
Office Phone: (609) 822-4200
Interior Features
Interior Information:
Appliances: Dishwasher, Gas Oven, Intercom, Microwave, Refrigerator, Self Cleaning Oven
Exterior Features
Exterior Information:
Exterior: Curbs, Sidewalks
Parking Information:
Garage Space: 3 spaces
Parking: None
Lot Features
Lot Information:
Lot: Curbs, Sidewalk
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: /
Price Information
Listing Price Info
Price Summary:
List Price: $10,900,000
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Housing Market Comparison
See how this home compares to others in Atlantic City, NJ.
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Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 10, 2004
Nov 10, 2004Home Sold
$1,400,000
Dec 31, 2002
Dec 31, 2002Home Sold
$1,160,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Brighton Avenue School
30 N Brighton Ave
Distance between this listing and this school1.00 miles
Public District Grades KG-5
7
/10
Ventnor Elementary School
400 N Lafayette Ave
Distance between this listing and this school3.75 miles
Public District Grades PK-4
8
/10
William H. Ross III School
101 N Haverford Ave
Distance between this listing and this school4.31 miles
Public District Grades PK-4
Nearby Schools
3
/10
Pennsylvania Ave School
201 N Pennsylvania Ave
Distance between this listing and this school0.55 miles
Public District Grades PK-8
1
/10
New York Avenue School
411 N New York Ave
Distance between this listing and this school0.62 miles
Public District Grades PK-8
5
/10
Texas Avenue School
2523 Arctic Ave
Distance between this listing and this school0.74 miles
Public District Grades KG-8
Nearby Schools
2
/10
Atlantic City High School
1400 N Albany Ave
Distance between this listing and this school2.56 miles
Public District Grades 9-12
1
/10
Pleasantville High School
701 Mill Rd
Distance between this listing and this school6.07 miles
Public District Grades 9-12
5
/10
Mainland Regional High School
1301 Oak Ave
Distance between this listing and this school7.84 miles
The neighbors living near this home have an average income of $25,049. The majority of Atlantic City, NJ residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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This home is located at 1616 Pacific Ave in Atlantic City, NJ and zip code 08401 in the Downtown neighborhood. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $10,900,000.
While more than 2 listings in Atlantic City, NJ in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 16 were sold below. The inventory of homes for sale in Atlantic City, NJ between February 2024 and March 2024 increased by 3.5%. In March 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $220,500.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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 (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved. 
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