219 31st Street

Single Family Home

219 31st Street

$1,400,000

219 31st Street, West Palm Beach, FL, 33407

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LIST PRICE$1,400,000
BEDROOMS3
BATHROOMS2
HOUSE sq ft1,130
LOT sq ft6,098

Take a closer look

HOA: request current costs · Last reported tax: $9,596/yr

Estimate monthly payment, including HOA and taxes

Monthly Payment

$8,944/mo

Principal & interest$7,444
Property taxfrom listing$800
Homeowners insuranceestimate$700

$280,000 down

Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.

Overview

219 31st Street | Northwood Shores RARE NORTHWOOD SHORES DEVELOPMENT OPPORTUNITY — INCOME TODAY, BUILD TOMORROW. Offered furnished, 219 31st Street presents a unique opportunity to acquire an existing Airbnb/short-term rental property together with a complete set of plans for an exceptional new luxury residence of approximately 4,000 square feet under air, with a projected completed value of $4 million+. Located in highly desirable Northwood Shores, the property offers the flexibility to operate the existing furnished residence as a short-term or seasonal rental while preparing for future development. The sale includes the fully paid architectural, civil and landscape plans for a thoughtfully designed luxury home created specifically for this property. The proposed residence has been designed with approximately 4,000 square feet under air, 5 bedrooms, a pool, multiple outdoor living spaces and garage, blending distinctive architecture with the indoor-outdoor lifestyle today's West Palm Beach buyer desires. The striking design features arched windows and architectural details, balconies, expansive entertaining areas and a private pool setting. For a developer, investor or end user, much of the difficult upfront work has already been completed—creating the opportunity to acquire the property, benefit from the existing furnished rental, and move forward with a substantial luxury redevelopment in one of West Palm Beach's most sought-after residential neighborhoods. Existing furnished Airbnb. Exceptional Northwood Shores location. Complete luxury development plans included. Projected $4M+ finished value. 219 31st Street is an opportunity to generate income today while creating something extraordinary for tomorrow.

Property Details

$1,400,000
Property Type
Residential
Subtype
Single Family Residence
Year Built
1940
Status
Active
MLS #
B26085504
Living Area
1,130 sq ft
$/Sq Ft (Living)
$1,239
Lot Size
6,098 sq ft
$/Sq Ft (Lot)
$230
Annual Taxes
$9,596
Parking Spaces
2
Days on Market
3

Building Amenities

Private Pool

Notable Features

Private Pool

Location Scores

Location

219 31st Street, West Palm Beach, FL, 33407