Commercial Sale · Multi Family
1913 Division Avenue, West Palm Beach FL 33407, WEST PALM BEACH, FL, 33407
Active174 days on marketListed Feb 26, 2026MLS #R11167068
About this property
The property at a glance
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.
3,504
Building sq ft
$328
Price / sq ft
0.13
Lot acres
1949
Year built
5
Units
SF11(c
Zoning
Multi Family
Property type
The numbers
Investment snapshot
$230,000
Price / unit
5
Units
Estimated payment (illustrative)
Estimated payment
$6,663/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
2,823
Population
$33,162
Median income
34
Median age
3
Avg household
$228,400
Median home value
$1,074/mo
Median rent
299
Households w/ kids
Consumer profile
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Recent sales
What actually sold near 1913 Division Avenue
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$58,500,000
Nearby listing
Sold Oct 23, 2024
$555,000
921 14th Street, West Palm Beach FL 33401
Sold May 29, 2026
$975,000
1913 Division Avenue, West Palm Beach FL 33407
Sold Aug 29, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1913 Division Avenue — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1913 Division Avenue.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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