Property 1401 Division Avenue, West Palm Beach, FL 33401 for sale with MLS# R11123079

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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1401 Division Avenue, West Palm Beach, FL 33401

Price
Price:
$2,500,000.00
Original List Price:
$2,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$281.08
Lease Details
Tenant Pays:
Electricity, Water, Cable Tv
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Back On Market
Last Major Update on:
May 5, 2026 5:18 pm
Rooms Distribution
Bathrooms Total:
13
Measures
Built-Up Area:
8,894 Sqft
Building Area Source:
Public Records
Lot Size Acres:
0.61
Property Features
Security:
Fire Alarm
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
1913
Roof:
Tar/gravel
Number of Units Total:
13
Construction Materials:
Stucco, CBS
Flooring:
Ceramic Tile
Stories:
2
Taxes and Expenses
Tax Annual Amount:
$32,795.00
Tax Year:
2024
Utilities
Sewer:
Public Sewer
Electric:
Three Phase, Separate Meters
Utilities Available:
Cable Available
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Financial Statement
Listing Terms Considered by Seller:
Cash, Conventional
Zoning and Legal
Tax Legal Description:
FRESHWATER 11TH & 12TH AVE ADD LTS 11 TO 14 INC BLK 34
Real Estate Folio Number (Parcel Number):
74434316020340110
Zoning:
MULTI-FAMILY
Listing History
Active on the market since:
May 5, 2026
Listing Agreement executed on:
September 11, 2025
Listing Status Last Changed On:
May 5, 2026 5:18 pm
Photos updated on:
September 11, 2025 7:09 pm
Last Modified:
September 2, 2026 9:03 pm
Additional Information
Courtesy of:
Kanga Property Management
Attribution:
Not provided
Location
Street Name:
Division
Street Number:
1401
City:
West Palm Beach
State:
Florida
Zip Code:
33401
County:
Palm Beach
Latitude:
N26° 43' 32.8''
Longitude:
W81° 56' 25.4''
Street Suffix:
Avenue
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $60,942
Median Home Value $430,900
Median Rent $1,774/mo
Median Age 38
Population 31,964
Ver la Propiedad Ver la propiedad 1401 Division Avenue, West Palm Beach, FL 33401
This listing can also be located in the MLS system as RX-11123079
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.