1401 Division Avenue West Palm Beach, FL $ 2,500,000
1401 Division Avenue
$ 2,500,000
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1401 Division Avenue

West Palm Beach, FL, 33401
$ 2,500,000
Bedrooms-- Baths13.0 Sq 8,894

Monthly Estimate*

$ 15,393

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Commercial Property for sale in West Palm Beach, FL

for $2,500,000 with 13 full baths. This 8,894 square foot building was built in 1913 on a lot size of 0.61.

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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Commercial Active

Price

$ 2,500,000

Full Bath

13

Property Type

Commercial

Taxes

$ 32,795

Style

Lot Size

0.61

Year Built

1913

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

R11123079

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Roof Tar/Gravel
Security Features Fire Alarm
Construction Materials Block Stucco
Year Built 1913
Electric 3 Phase Separate Meters
Tenant Pays Cable TV Electricity Water
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2024
Gross Income 213096
County Palm Beach
Property Type Commercial Sale
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 Multi Family
Legal Description FRESHWATER 11TH & 12TH AVE ADD LTS 11 TO 14 INC BLK 34
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 13
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Exterior
Lot Features City Lot
Water Source Public
Lot Size Area 26571.6
Building Area Total 8894
Lot Size Acres 0.61
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* Excluded Features
List By
Christopher S. Alexander

Listing Agent

Affordability Calculator

$18,126
Per Month
85%
15%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$2,733
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$2,500,000 Listed Price

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1401 Division Avenue, West Palm Beach, FL, 33401 is a Commercial Property for sale at $2,500,000 with 8,894 sqft and a lot size of 0.61. 1401 Division Avenue has 13.0 baths and was built in 1913. The property's zip code is 33401 which is in West Palm Beach, FL