1401 Division Avenue, West Palm Beach, FL 33401

1913

YEAR BUILT

$2,500,000

LISTING PRICE

MultiFamily (5+ Units)

TYPE

MLS#: RX-11123079

Type of Building: Resident. Multi-Fam.


For More Information Call:

561-283-4663

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.


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This listing is courtesy of Kanga Property Management. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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  • Acres0.61 acres
  • Available DocumentsNone
  • Available InformationFull Financials
  • Building Info: Miles to Beach3 miles
  • Building Info: Miles to Expressway2 miles
  • CityWest Palm Beach
  • ConstructionCBS and Stucco
  • CoolingCentral
  • CountyPalm Beach
  • DirectionsPalm Beach Lakes to Division north to property.
  • Expenses: R.E. Taxes$32,795.47
  • Fire ProtectionSmoke Alarm
  • FlooringCeramic Tile
  • For LeaseNo
  • For SaleYes
  • HeatingCentral
  • LeaseAnnual
  • Legal DescriptionFRESHWATER 11TH & 12TH AVE ADD LTS 11 TO 14 INC BLK 34
  • List Price$2,500,000
  • List Price/SqFt$281.09 / sqft
  • Listing DateThursday, September 11th, 2025
  • Listing IDRX-11123079
  • Listing Price$2,500,000
  • Listing StatusActive
  • LocationCity
  • Monetary Info: Gross Operating Income$213,096
  • Number of Meters14
  • Number of Stories2
  • Number of Toilets13
  • Percent Air Conditioned100%
  • PossessionAt Closing and Funding
  • Property DescriptionMULTI-FAMILY 10 OR M
  • Property TypeCommercial
  • Real Estate Taxes$32,795
  • RoofTar/Gravel
  • Sale IncludesBuilding and Land
  • SqFt SourceTax Rolls
  • State/ProvinceFL
  • StatusActive
  • Status Change DateThursday, September 11th, 2025
  • Street NameDivision
  • SubdivisionFreshwater 11th & 12th Ave Add Lts 11 To 14 Inc Blk 34
  • Tax Year2024
  • Tenant PaysCable, Electric and Water
  • Terms ConsideredCash and Conventional
  • Total Building SqFt8,894 sqft
  • Total Units in Building13
  • TypeMultiFamily (5+ Units)
  • Type of BuildingResident. Multi-Fam.
  • UtilitiesCable, Electric, Municipal Water, Public Sewer, Public Water and Separate Meter
  • Virtual TourYes
  • WaterfrontNo
  • Waterfront DetailsNone
  • Year Built1913
  • Zip Code33401
  • ZoningMULTI-FAMILY

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