1401 Division Avenue, West Palm Beach FL 33401

Address
1401 Division Avenue, West Palm Beach, FL
Price
$ 2,500,000
Property Attributes
  • MLS#R11123079
  • TypeSingle Family
  • Listing Status Active
  • CountyPalm Beach
  • CityWest Palm Beach
  • Area5420
  • Zip33401
  • Style
  • Year Built1913
  • Taxes$ 32795
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms13
  • Half Bathrooms0
  • Sqr Footage8894
  • Lot Size0.61 Acres
Data Source:
Beaches MLS (FL)
Property Description

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.

Price History
1/15/2026 Listed $2,500,000

General Features

Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableAvailable
Roof TarGravel
Security Features FireAlarm
Construction Materials Block,Stucco
Year Built 1913
Electric Phases3,SeparateMeters
Tenant Pays CableTv,Electricity,Water
Stories Count 2
Levels Two
Property Subtype MultiFamily
Tax Year 2024
Gross Income 213096
County Palm Beach
Property Type CommercialSale
Status Active
Directions Palm Beach Lakes to Division north to property.
City West Palm Beach
Number Of Units Total 13
MLS Area 5420
Tax Annual Amount 32795
Virtual Tour https://www.propertypanorama.com/1401-Division-Avenue-West-Palm-Beach-FL-33401/unbranded
Standard Status Active
Property Sub Type Additional MultiFamily
PostalCity West Palm Beach
Legal Description FRESHWATER 11TH & 12TH AVE ADD LTS 11 TO 14 INC BLK 34

Interior Features

Flooring CeramicTile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 13

Exterior Features

Lot Features CityLot
Water Source Public
Lot Size Area 26571.6
Building Area Total 8894
Lot Size Acres 0.61

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33401

Price
AVG $1.49M
$2.5M
Taxes
AVG $10,178
$32,795
Year Built
AVG 1962
1913

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