$2,500,000
1401 Division Avenue, West Palm Beach FL 33401
West Palm Beach, FL, 33401
- Year Built
- 1913
- Lot Size
- 0.61 acres
- Property Type
- Multi Family
- Annual Taxes
- $32,795/yr
- MLS #
- R11123079
Market Position
Using 10 of 10 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $2,500,000 · area median: $1,650,000
- Days on market
- 243 · area median: 119
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 30, 2026 · Newest source update: Jul 26, 2026
Listing courtesy of Kanga Property Management · 561-803-7779
Listed by Christopher S. Alexander
Last updated: Jun 10, 2026
Overview
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.
Features
Flooring
Heating
Cooling
est.$15,374/mo
Est. payment based on a $2,500,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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