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1401 Division Avenue

West Palm Beach , FL 33401

MLS#: R11123079

$2,500,000

Status: Active
Listing number: R11123079
Listing provided by: Kanga Property Management
Listing agent phone: None
Last update: 12 hours ago
On site: 5 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1913

Sq.Footage

N/A

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 & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco

  • Pool

    No

Area & Lot

  • Lot Features

    City Lot

  • Lot Size(acres)

    0.61

  • Property Type

    Commercial Sale

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $2,500,000

  • Tax Amount

    $32,795

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Palm Beach

Elementary School

Middle School

High School

Listing Courtesy of Christopher S. Alexander , Kanga Property Management

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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.

1401 Division Avenue

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