$2,500,000 $13,421 est/mo Sourced by Back At You
1401 Division Avenue,West Palm Beach, FL 33401
West Palm Beach, FL 33401
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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.
Details
| MLS # | R11123079 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Days On Site | 347 |
| Listing Provided By | Kanga Property Management | Christopher S. Alexander |
Features
| Bath(s) | 13 |
|---|---|
| SQ Feet | 8,894 |
| Story(s) | 2 |
| Units | 13 |
| Zoning | MULTI-FAMILY |
| Acreage | 0.61 |
Exterior
| Lot Features | City Lot |
|---|
Taxes
| Tax Annual Amount | 32795 |
|---|
Area Information
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33401 |
| Area | 5420 |
| Listing VS Median (in 33401) | |
Price: $2,500,000 low | high Med: $145,000 sqft: 8,894 low | high Med: 775 $ / sqft: $281 low | high Med: $187 On site: 347 low | high Med: 45 | |
Market Activity 33401
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Learn More About This Property
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33401 |
| Area | 5420 |
| Listing VS Median (in 33401) | |
Price: $2,500,000 low | high Med: $145,000 sqft: 8,894 low | high Med: 775 $ / sqft: $281 low | high Med: $187 On site: 347 low | high Med: 45 | |
Listing Updated: May 28, 2026 at 5:37:25 PM PDT