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$1,150,000
1913 Division Avenue
West Palm Beach, FL 33407
MLS# R11167068
3504 sqft
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Property Description
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.

Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Listing Date: 2026-02-26
Status: Active
Original List Price: 1200000
List Price: $1,150,000
Current Price: $1,150,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Code: 33407
Geographic Area: PB20
Multiple Offers Accepted: Yes
Property Description: WASHINGTON HGTS LT 1
Country: United States
Street Number: 1913
Street Name: Division
Street Suffix: Avenue
State Or Province: FL
Area: 5420
Parcel Number: 74434316100100010
Zoning: SF11(c
Directions: Palm Beach Lakes east to Division Avenue Make left on to division avenue , Property on left
General Property Information
Number Of Units Total: 5
Lot Size Area: 5662.8
Stories: 2
Property Sub Type: Multi Family
Building Area Main: 3504
Building Area Source: Public Records
Year Built: 1949
Lot Size Acres: 0.13
Office/Member Information
DXORIGMLSID: RML
Flooring
Tile: 1
Vinyl: 1
Documents Available
Contracts: 1
Copy Of Lease(s): 1
Existing Survey: 1
Tenant Pays
Sewer: 1
Water: 1
Location of Property
City Location: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Building and Property Details
# Of Tenants: 5
# Of Toilets: 5
% Air Conditioned: 100
Maximum Ceiling Height: 8
Building Features
Fenced Area: 1
Free Standing: 1
Business Type
Commercial: 1
Distance To Information
Miles to Beach: 5
Heating
Central: 1
Electric: 1
Sale Includes
Building: 1
Land: 1
Sprinkler Description
None: 1
Construction Materials
CBS: 1
Stucco: 1
Listing Terms
Cash: 1
Trade: 1
Other: 1
Roof
Composition: 1
Security Features
Smoke Detector(s): 1
Water Source
Public: 1
Income and Expenses
Real Estate Taxes: 15983
Professional Management Expense: 7
Description of Unit Type 1
Unit Type: 2 Bedroom
Beds Total: 2
Full Baths: 1
Description of Unit Type 2
Unit Type: 2 Bedroom
Beds Total: 2
Cooling
Central Air: 1
Central Building: 1
Electric: 1
Description of Unit Type 3
Unit Type: 2 Bedroom
Beds Total: 2
Full Baths: 1
Description of Unit Type 4
Unit Type: 2 Bedroom
Beds Total: 2
Full Baths: 1
Description of Unit Type 5
Unit Type: 2 Bedroom
Beds Total: 2
Full Baths: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 15983.1
Tax Year: 2025
Tax Legal Description: WASHINGTON HGTS LT 1 BLK 10
Status Change Information
Major Change Timestamp: 2026-06-05T18:50:52Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-05T18:50:52Z
Status Change Date: 2026-02-26
Originating Details
Originating System Key: 20260226214038858964000000
Originating System ID: M00000170
Property Features
Building Features: Fenced Area; Free Standing
Business Type: Commercial
Documents Available: Contracts; Copy Of Lease(s); Existing Survey
Flooring: Tile; Vinyl
Heating: Central; Electric
Location of Property: City Location
Possession: Close Of Escrow
Sale Includes: Building; Land
Sprinkler Description: None
Tenant Pays: Sewer; Water
Construction Materials: CBS; Stucco
Cooling: Central Air; Central Building; Electric
Listing Terms: Cash; Trade; Other
Roof: Composition
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
IDX
Listing Office: Ibero Property Management & Real Estate Services

Last Updated: July - 24 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Broker Attribution: dwayne@iberopropertymgmt.com
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