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Bean Group
Offered at $950,000Active
beds
—
baths
5
sq ft
3,504
Built
1949

1913 Division Avenue

West Palm Beach, FL 33407

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.

Listing last checked: Listing updated:

Listed by Dwayne Prince Barrett, Vilmary Esther Olaciregui · Ibero Property Management & Real Estate Services · MLS #R11167068

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Details at a glance

Interior3 property facts
Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Tile, Vinyl
Building3 property facts
Style
Multi Family
Year built
1949
Roof
Composition
Land & utilities4 property facts
Lot size
0.13 acres
Water
Public
Sewer
Public Sewer
Zoning
SF11(c
Financial2 property facts
Annual taxes
$15,983
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $950,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,136 / monthAdjust
Principal & interest
$4,804
Property tax
$1,332
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $15,983. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. New

    $1,650 · Aug 11, 2026

  2. Lsd

    $1,600 · Sold $1,600 · Mar 12, 2026

  3. Lsd

    $1,600 · Sold $1,550 · Dec 17, 2025

  4. Lsd

    $1,600 · Sold $1,600 · Oct 24, 2025

  5. Sld

    $1,400,000 · Sold $975,000 · Mar 15, 2024

  6. Lsd

    $1,000 · Sold $1,000 · Nov 12, 2019

  7. Sld

    $475,000 · Sold $460,000 · Jul 12, 2019

  8. Sld

    $375,000 · Sold $349,000 · Jun 29, 2017

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About 1913 Division Avenue

Can I request a private showing?

Request a tour of 1913 Division Avenue and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.