1401 Division AVE new

West Palm Beach,FL 33401

$ 2500000

- Bed

13 Baths

8894 SqFt


Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 8,894 sqft

Price per Sqft $281

Subdivision Freshwater 11Th & 12Th Ave Add Lts 11 To 14 Inc Blk 34

MLS Listing ID RX-11123079

Year Built 1913

Annual Tax Amount $32,795

Tax Year 2024

Lot Size 0.610 Acres

Property Sub-Type MultiFamily (5+ Units)

Property Description

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.

Location

State FL

County Palm Beach

Area 5420

Zoning MULTI-FAMILY

Interior

Heating Central

Cooling Central

Flooring Ceramic Tile

Fireplaces Type Smoke Alarm

Exterior

Utilities Available Cable,Electric,Municipal Water,Public Sewer,Public Water,Separate Meter

Waterfront Description None

Roof Type Tar/Gravel

Building

Story 100.00

Foundation CBS,Stucco

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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