Home/Search/1401 Division Avenue, West Palm Beach FL 33401
1401 Division Avenue, West Palm Beach FL 334011 / 15
For Sale
Multi Family

$2,500,000

1401 Division Avenue, West Palm Beach FL 33401

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Bedrooms

13

Bathrooms

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Sq Ft

About This Property

Presenting a turnkey 13-unit multifamily property, ideally located in high-growth West Palm Beach. This asset offers a rare opportunity to acquire a fully stabilized, low-maintenance investment. The property underwent a complete renovation in 2021, featuring new mechanical systems, impact-rated windows and doors, and modern interior finishes throughout. The desirable unit mix consists of five (5) 2-bedroom/1-bath units, seven (7) 1-bedroom/1-bath units, and one (1) studio. Onsite amenities include a laundry facility and 18 dedicated parking spaces. The property is individually metered for electricity.

Property Details

MLS #:R11123079
Price:$2,500,000
Status:For Sale
Days on Market:345
Date Listed:Sep 11, 2025
Total Bathrooms:13
Building Area:8894 sqft
Lot Acres:0.61 acres
Year Built:1913
Property Type:Commercial Sale
Property Sub Type:Multi Family

Heating:Central
Cooling:Central Air
Flooring:Ceramic Floor
Security Features:Smoke Alarm, Fire Alarm
Stories:2
Virtual Tour:Available

Construction Materials:CBS Construction, Stucco
Structure Type:Multi Family
Roof:Tar/Gravel, Tar & Gravel Roof
Lot Features:City Location
Sewer:Public Sewer, Public Sanitation, Sewer
Water Source:Public
Utilities:Cable Connected, Cable Available
Electric:3 Phase Electric, Separate Meters

Zoning:MULTI-FAMILY

Annual Tax Amount:$32,795
Tax Year:2024
Listing Terms:All Cash, Conventional
Special Conditions:Sale
Parcel Number:74434316020340110
Legal Description:FRESHWATER 11TH & 12TH AVE ADD LTS 11 TO 14 INC BLK 34

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Estimated Monthly Payment

$17,458/mo

Principal & Interest$12,641
Property Tax$2,733
Insurance$2,083
Down Payment20% ($500,000)
Loan Amount$2,000,000
REsource

REsource

Real Estate Source Company

Interested in this property? Contact us today for a private showing.

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Listing courtesy of Kanga Property Management. Data last updated September 20, 2026 at 09:47 PM.