1913 Division Avenue, West Palm Beach, FL 33407
$900,000 · $257 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $900,000
- Price per sq ft: $257
- Building size: 3,504 sq ft
- Lot size: 5,663 sq ft
- Zoning: SF11(c
- Year built: 1949
- Units: 5
- Stories: 2
- Tenant pays: Sewer, Water
- Parcel ID: 74434316100100010
- MLS#: R11167068
About this property
This well-maintained 5-unit multifamily property offers a strong investment opportunity in the rapidly growing West Palm Beach market. Located in a desirable residential neighborhood just minutes from downtown, major employment centers, beaches, and transit options, the building provides consistent rental demand and long-term upside. The property features a mix of spacious 2- and three-bedroom units, each with functional layouts and steady rental history. Several units have been updated, and the building has been professionally managed. On-site amenities include private parking, a shared outdoor area, and individual utilities for most units, supporting lower operating costs. Units have a brand-new AC system installed in 2025, and all units will be freshly painted.
Building Features and Utilities
- Stucco
- CBS
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 2 Bedroom | — | 2 / 1 | — | — | — |
| 2 Bedroom | — | 2 / — | — | — | — |
| 2 Bedroom | — | 2 / 1 | — | — | — |
| 2 Bedroom | — | 2 / 1 | — | — | — |
| 2 Bedroom | — | 2 / 1 | — | — | — |
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
Operating Statement
| Property taxes | $15,983/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 1913 Division Avenue
- Included: Building, Land
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Ibero Property Management & Real Estate Services · dwayne@iberopropertymgmt.com · Listing agent: Dwayne Prince Barrett
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 1913 Division Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 1913 Division Avenue
- How much is 1913 Division Avenue?
- 1913 Division Avenue is listed at $900,000, about $257 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 1913 Division Avenue zoned?
- The listing reports zoning of SF11(c. 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 1913 Division Avenue?
- The listing reports 3,504 square feet of building.
- When was 1913 Division Avenue built?
- 1913 Division Avenue was built in 1949. 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 1913 Division Avenue?
- The listing reports annual property taxes of $15,983 for 2025. 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 1913 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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