1401 Division Avenue

This 13-unit multifamily property at 1401 Division Avenue in West Palm Beach occupies 0.61 acres and dates to 1913, with a complete renovation executed in 2021. The asset is fully stabilized with 18 dedicated parking spaces and individual electric metering across all units.

This 13-unit multifamily property at 1401 Division Avenue in West Palm Beach occupies 0.61 acres and dates to 1913, with a complete renovation executed in 2021. The asset is fully stabilized with 18 dedicated parking spaces and individual electric metering across all units.

Renovation & Building Systems

The 2021 renovation replaced mechanical systems throughout the building, installed impact-rated windows and doors, and introduced modern interior finishes across all 13 units. The property totals 8,894 square feet of improved space with central air conditioning and central heating. A fire alarm system is in place.

Unit Mix & Layout

The unit composition includes five two-bedroom, one-bath units; seven one-bedroom, one-bath units; and one studio. All 13 units share access to an onsite laundry facility. The property is individually metered for electricity, simplifying utility management for the owner.

Site & Parking

The 0.61-acre site provides 18 dedicated parking spaces, a ratio of nearly 1.4 spaces per unit. The property sits in a high-growth corridor of West Palm Beach with direct frontage on Division Avenue.

Key Features

• 13 units across five 2BR/1BA, seven 1BR/1BA, and one studio
• Complete 2021 renovation including mechanical systems, impact windows, and interior finishes
• 8,894 total square feet on 0.61 acres
• 18 dedicated parking spaces
• Individually metered for electricity
• Onsite laundry facility
• Original construction dating to 1913