BreakThru Realty

1401 Division Avenue, West Palm Beach, FL 33401

$2,500,000 · $281 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $2,500,000
  • Price per sq ft: $281
  • Building size: 8,894 sq ft
  • Lot size: 26,572 sq ft
  • Zoning: MULTI-FAMILY
  • Year built: 1913
  • Units: 13
  • Stories: 2
  • Tenant pays: Cable TV, Electricity, Water
  • Parcel ID: 74434316020340110
  • MLS#: R11123079
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About this property

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.

Building Features and Utilities

  • Cable Available
  • Stucco
  • CBS

Operating Statement

Gross income$213,096/yr
Property taxes$32,795/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 1401 Division Avenue

  • Included: Building, Land

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Kanga Property Management · Listing agent: Christopher S. Alexander

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1401 Division Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 1401 Division Avenue

How much is 1401 Division Avenue?
1401 Division Avenue is listed at $2,500,000, about $281 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 1401 Division Avenue zoned?
The listing reports zoning of MULTI-FAMILY. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 1401 Division Avenue?
The listing reports 8,894 square feet of building.
When was 1401 Division Avenue built?
1401 Division Avenue was built in 1913. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 1401 Division Avenue?
The listing reports annual property taxes of $32,795 for 2024. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 1401 Division Avenue?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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