Modern Living Group
 Residence
 Residence photo 1
 Residence photo 2
 Residence photo 3
 Residence photo 4
 Residence photo 5
15 photos
 Residence photo 1
 Residence photo 2
 Residence photo 3
 Residence photo 4
 Residence photo 5
 Residence photo 6
 Residence photo 7
 Residence photo 8
 Residence photo 9
 Residence photo 10
 Residence photo 11
 Residence photo 12
 Residence photo 13
 Residence photo 14
 Residence photo 15
$2,500,000ACTIVE

1401 Division Avenue, West Palm Beach, FL 33401

beds13baths8,894sq ft$281/ sq ft
THE RESIDENCE

About this home

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.

THE DETAILS

Property details

List Price$2,500,000
Price / Unit$192,308
Units13
Gross Income$213,096/yr
Inside Sq FtN/A
Year Built1913
ConstructionBlock, Stucco
FlooringCeramic Tile
ZoningMULTI-FAMILY
Property TypeMultiFamily
MLS #R11123079
StatusActive
Original List Price$2,500,000
GRM11.7
Tenant PaysCable TV, Electricity, Water
Stories2
Lot Size0.61 acres
Days on Market48
Show all details (3 more)
Annual Taxes$32,795
CityWest Palm Beach
Zip Code33401
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
WPB Specialist
Luxury Specialist

Request a showing

Schedule in 60 seconds · Cancel Anytime
SELECT DATE

Monthly payment


Estimated monthly payment

BeachesMLSListing courtesy of Kanga Property Management · leasing@kangapm.com. 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.