Modern Living Group
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$1,150,000ACTIVE

1913 Division Avenue, West Palm Beach, FL 33407

beds5baths3,504sq ft$328/ sq ft
THE RESIDENCE

About this home

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.

THE DETAILS

Property details

List Price$1,150,000
Price / Unit$230,000
Units5
Inside Sq FtN/A
Year Built1949
ConstructionBlock, Stucco
FlooringTile, Vinyl
ZoningSF11(c
Property TypeMultiFamily
MLS #R11167068
StatusActive
Original List Price$1,200,000
Tenant PaysElectricity, Sewer, Water
Stories2
Lot Size0.13 acres
Days on Market116
Annual Taxes$15,983
CityWest Palm Beach
Show all details (1 more)
Zip Code33407
LOCATION

Where you'll live

Tyler Melik
FEATURED AGENT
Tyler Melik
WPB Specialist
Real Estate Specialist

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BeachesMLSListing courtesy of Ibero Property Management & Real Estate Services · dwayne@iberopropertymgmt.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.