the max rate of taxi in town used to be $6. they raised it so now its $8. And trust me it hits the $8 FAST!.. And while its 4 LONG blocks to the beach, it's not the good side,(Clairidge), the Taj Mahal is the good side and its another 4 LONG BLOCKS on the boardwalk so its a good 2 miles /35 min walk or $8..
Keep in mind walking during day in AC is safe, at nite unless in a big group not suggested from Sheraton to hotels. Only on boardwalk path...